Turkey: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in Turkey

In 2022, the Turkish manganese ore and concentrate market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption showed a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Manganese Ores and Concentrates in Turkey

In value terms, manganese ore and concentrate production shrank slightly to $X in 2022 estimated in export price. In general, production recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Manganese Ores and Concentrates

Exports from Turkey

In 2022, shipments abroad of manganese ores and concentrates increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, manganese ore and concentrate exports skyrocketed to $X in 2022. In general, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons), Iran (X tons) and Georgia (X tons) were the main destinations of manganese ore and concentrate exports from Turkey, together comprising X% of total exports. Italy, France and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Georgia ($X) and China ($X) constituted the largest markets for manganese ore and concentrate exported from Turkey worldwide, with a combined X% share of total exports. France, Italy and Russia lagged somewhat behind, together comprising a further X%.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average manganese ore and concentrate export price amounted to $X per ton, jumping by X% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manganese ore and concentrate export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manganese Ores and Concentrates

Imports into Turkey

After two years of decline, supplies from abroad of manganese ores and concentrates increased by X% to X tons in 2022. Over the period under review, imports recorded prominent growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, manganese ore and concentrate imports surged to $X in 2022. Overall, imports saw a resilient increase. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

India (X tons), the Netherlands (X tons) and Brazil (X tons) were the main suppliers of manganese ore and concentrate imports to Turkey, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), the Netherlands ($X) and Brazil ($X) were the largest manganese ore and concentrate suppliers to Turkey, with a combined X% share of total imports.

India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average manganese ore and concentrate import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Georgia ($X per ton) and Belgium ($X per ton), while the price for the Netherlands ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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