Manganese Oxides Price in Mexico - 2023

Contents:

1. Manganese Oxides Price in Mexico (CIF) - 2023
2. Manganese Oxides Price in Mexico (FOB) - 2022
3. Manganese Oxides Imports in Mexico
4. Manganese Oxides Exports in Mexico

Manganese Oxides Price in Mexico (CIF) - 2023

In February 2023, the average manganese oxides import price amounted to $4,371 per ton, therefore, remained relatively stable against the previous month. Overall, the import price recorded a slight setback. The most prominent rate of growth was recorded in August 2022 an increase of 29% m-o-m. The import price peaked at $8,904 per ton in May 2022; however, from June 2022 to February 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From March 2022 to February 2023, the rate of growth in terms of prices for the United States amounted to -1.9% per month.

Manganese Oxides Price in Mexico (FOB) - 2022

In 2022, the average manganese oxides export price amounted to $192 per ton, reducing by -91.6% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2015 an increase of 82% against the previous year. Over the period under review, the average export prices hit record highs at $7,218 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to -6.3% per year.

Manganese Oxides Imports in Mexico

In 2022, manganese oxides imports into Mexico totaled 872 tons, remaining stable against the previous year's figure. The total import volume increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, manganese oxides imports declined modestly to $2.4M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports attained the peak of $2.5M, and then reduced in the following year.

Top Suppliers of Manganese Oxides to Mexico in 2022:

1. United States (794.2 tons)
2. South Africa (77.6 tons)

Manganese Oxides Exports in Mexico

In 2022, the amount of manganese oxideses exported from Mexico soared to 4.2K tons, increasing by 16,581% against the year before. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, manganese oxides exports surged to $816K in 2022. Overall, exports, however, continue to indicate a perceptible contraction.

Top Export Markets for Manganese Oxides from Mexico in 2022:

1. Guatemala (undefinedK tons)
2. United States (4.2K tons)

Source: IndexBox Market Intelligence Platform