Morocco: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in Morocco

The Moroccan manganese ore and concentrate market soared to $X in 2023, with an increase of X% against the previous year. In general, consumption, however, showed a abrupt curtailment. Manganese ore and concentrate consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Production of Manganese Ores and Concentrates in Morocco

In value terms, manganese ore and concentrate production stood at $X in 2023 estimated in export price. Overall, the total production indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Manganese ore and concentrate production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Manganese Ores and Concentrates

Exports from Morocco

In 2023, exports of manganese ores and concentrates from Morocco reduced to X tons, which is down by X% against 2022 figures. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, manganese ore and concentrate exports reduced sharply to $X in 2023. Over the period under review, total exports indicated slight growth from 2012 to 2023: its value 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, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Namibia (X tons), China (X tons) and Germany (X tons) were the main destinations of manganese ore and concentrate exports from Morocco, together comprising X% of total exports. Niger, the United States and India lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X) remains the key foreign market for manganese ores and concentrates exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Namibia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Germany (X% per year).

Export Prices by Country

In 2023, the average manganese ore and concentrate export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Manganese Ores and Concentrates

Imports into Morocco

In 2023, supplies from abroad of manganese ores and concentrates decreased by X% to X kg, falling for the third consecutive year after two years of growth. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports reached the peak of X tons. From 2021 to 2023, the growth of imports remained at a lower figure.

In value terms, manganese ore and concentrate imports expanded remarkably to $X in 2023. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Belgium (X kg) constituted the largest supplier of manganese ore and concentrate to Morocco, accounting for a X% share of total imports. Moreover, manganese ore and concentrate imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X kg), fivefold.

From 2012 to 2023, the average annual growth rate of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Spain (X% per year).

In value terms, Belgium ($X), France ($X) and Spain ($X) were the largest manganese ore and concentrate suppliers to Morocco.

In terms of the main suppliers, France, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average manganese ore and concentrate import price stood at $X per ton in 2023, jumping by X% against the previous year. Over the period under review, the import price recorded a modest increase. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The import price peaked in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform