Manganese Oxides Price in Chile - 2023

Contents:

  1. Manganese Oxides Price in Chile (CIF) - 2022
  2. Manganese Oxides Price in Chile (FOB) - 2022
  3. Manganese Oxides Imports in Chile
  4. Manganese Oxides Exports in Chile

Manganese Oxides Price in Chile (CIF) - 2022

In 2022, the average manganese oxides import price amounted to $1,312 per ton, growing by 30% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manganese oxides import price increased by +46.4% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,563 per ton), while the price for India ($904 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Manganese Oxides Price in Chile (FOB) - 2022

In 2022, the average manganese oxides export price amounted to $8,277 per ton, surging by 84% against the previous year. In general, the export price enjoyed a temperate increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 248%. As a result, the export price attained the peak level of $15,664 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +80.5% per year.

Manganese Oxides Imports in Chile

In 2022, purchases abroad of manganese oxideses decreased by -4.4% to 561 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 25% against the previous year. As a result, imports attained the peak of 691 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, manganese oxides imports surged to $737K in 2022. The total import value increased at an average annual rate of +14.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 28%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Manganese Oxides in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil29244047561328.0%
United States96.310366.969.0-10.5%
South KoreaN/AN/AN/A28.80%
Mexico22.612.017.323.81.7%
Others83.476.034.82.3-69.8%
Total49463159473714.3%

Top Suppliers of Manganese Oxides to Chile in 2022:

  1. Brazil (475.8 tons)
  2. United States (44.2 tons)
  3. South Korea (20.0 tons)
  4. Mexico (20.0 tons)

Manganese Oxides Exports in Chile

In 2022, exports of manganese oxideses from Chile surged to 3.1 tons, growing by 514% against 2021. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, manganese oxides exports soared to $25K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Manganese Oxides in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru2.91.50.425.4106.1%
Bolivia2.92.71.8N/A-21.2%
NigeriaN/A2.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.86.72.325.463.6%

Top Export Markets for Manganese Oxides from Chile in 2022:

  1. Peru (3.1 tons)

Source: IndexBox Market Intelligence Platform

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