MENA: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in MENA

In 2023, the MENA's manganese ore and concentrate market decreased by X% to $X, falling for the fifth year in a row after two years of growth. Over the period under review, consumption saw a abrupt curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Manganese Ores and Concentrates in MENA

In value terms, manganese ore and concentrate production dropped remarkably to $X in 2023 estimated in export price. Overall, production showed a mild decrease. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Exports of Manganese Ores and Concentrates

Exports in MENA

Manganese ore and concentrate exports was estimated at X tons in 2023, increasing by X% against the year before. Over the period under review, exports saw strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, manganese ore and concentrate exports expanded markedly to $X in 2023. In general, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

In 2023, the United Arab Emirates (X tons) was the main exporter of manganese ores and concentrates, comprising X% of total exports. Morocco (X tons) took the second position in the ranking, followed by Turkey (X tons). All these countries together held near X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the manganese ores and concentrates exports, with a CAGR of X% from 2012 to 2023. Morocco experienced a relatively flat trend pattern. Turkey (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Morocco and Turkey saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, the United Arab Emirates ($X) remains the largest manganese ore and concentrate supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Morocco ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in the United Arab Emirates totaled X%. In the other countries, the average annual rates were as follows: Morocco (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Manganese Ores and Concentrates

Imports in MENA

In 2023, imports of manganese ores and concentrates in MENA skyrocketed to X tons, rising by X% on the previous year. Over the period under review, imports, however, saw a slight slump. Over the period under review, imports attained the maximum at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, manganese ore and concentrate imports skyrocketed to $X in 2023. In general, imports saw a relatively flat trend pattern. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Saudi Arabia (X tons) represented the main importer of manganese ores and concentrates, generating X% of total imports. Iran (X tons) took the second position in the ranking, distantly followed by Egypt (X tons) and the United Arab Emirates (X tons). All these countries together held approx. X% share of total imports. Oman (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Iran (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Iran ($X), Saudi Arabia ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

Iran, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in MENA amounted to $X per ton, declining by X% against the previous year. Import price indicated a noticeable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, manganese ore and concentrate import price increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then reduced remarkably in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform