U.S.: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in the U.S.

The U.S. manganese ore and concentrate market surged to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a modest increase. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Manganese Ores and Concentrates

Exports from the U.S.

After two years of growth, overseas shipments of manganese ores and concentrates decreased by X% to X tons in 2022. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, manganese ore and concentrate exports totaled $X in 2022. In general, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons), South Korea (X tons) and Mexico (X tons) were the main destinations of manganese ore and concentrate exports from the United States, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Canada ($X), the Netherlands ($X) and South Korea ($X) constituted the largest markets for manganese ore and concentrate exported from the United States worldwide, together accounting for X% of total exports. Mexico and Guyana lagged somewhat behind, together accounting for a further X%.

Mexico, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average manganese ore and concentrate export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Canada ($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 the Netherlands (X%), while the prices for the other major destinations experienced a decline.

Imports of Manganese Ores and Concentrates

Imports into the U.S.

Manganese ore and concentrate imports into the United States expanded notably to X tons in 2022, with an increase of X% on the year before. In general, imports posted modest growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, manganese ore and concentrate imports surged to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Gabon (X tons), South Africa (X tons) and Mexico (X tons) were the main suppliers of manganese ore and concentrate imports to the United States, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Gabon ($X) constituted the largest supplier of manganese ores and concentrates to the United States, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Gabon was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Mexico (X% per year).

Import Prices by Country

The average manganese ore and concentrate import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Gabon ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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