Australia and Oceania: Market for Manganites, Manganates And Permanganates, Molybdates And Tungstates 2024

Market Size for Manganites, Manganates And Permanganates, Molybdates And Tungstates in Australia and Oceania

In 2021, the market for manganites, manganates and permanganates, molybdates and tungstates in Australia and Oceania increased by 2.9% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Production of Manganites, Manganates And Permanganates, Molybdates And Tungstates in Australia and Oceania

In value terms, manganites, manganates, molybdates and tungstates production stood at $X in 2021 estimated in export price. The total production indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +17.9% against 2018 indices. The pace of growth was the most pronounced in 2016 with an increase of 36% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports in Australia and Oceania

In 2021, shipments abroad of manganites, manganates and permanganates, molybdates and tungstates was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 129%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, manganites, manganates, molybdates and tungstates exports rose rapidly to $X in 2021. Overall, exports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 17% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Australia dominates exports structure, resulting at X tons, which was near 94% of total exports in 2021. It was distantly followed by New Zealand (X kg), generating a 5.8% share of total exports.

Australia was also the fastest-growing in terms of the manganites, manganates and permanganates, molybdates and tungstates exports, with a CAGR of +1.2% from 2012 to 2021. New Zealand (-14.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Australia increased by +16 percentage points.

In value terms, Australia ($X) remains the largest manganites, manganates, molybdates and tungstates supplier in Australia and Oceania, comprising 100% of total exports. The second position in the ranking was held by New Zealand ($X), with a 0.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia amounted to -3.4%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, shrinking by -27.6% against the previous year. Over the period under review, the export price recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2015 when the export price increased by 39% against the previous year. The level of export peaked at $X per ton in 2020, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-1.3%).

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports in Australia and Oceania

In 2021, supplies from abroad of manganites, manganates and permanganates, molybdates and tungstates increased by 15% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by 39% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, manganites, manganates, molybdates and tungstates imports soared to $X in 2021. Over the period under review, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 40% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

Australia was the main importer of manganites, manganates and permanganates, molybdates and tungstates in Australia and Oceania, with the volume of imports amounting to X tons, which was near 86% of total imports in 2021. It was distantly followed by New Zealand (X tons), mixing up a 13% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to manganites, manganates, molybdates and tungstates imports into Australia stood at +5.4%. At the same time, New Zealand (+16.9%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +16.9% from 2012-2021. Australia (+17 p.p.) and New Zealand (+8.8 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported manganites, manganates and permanganates, molybdates and tungstates in Australia and Oceania, comprising 85% of total imports. The second position in the ranking was held by New Zealand ($X), with a 15% share of total imports.

In Australia, manganites, manganates, molybdates and tungstates imports increased at an average annual rate of +6.8% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, increasing by 20% against the previous year. Import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, manganites, manganates, molybdates and tungstates import price increased by +98.9% against 2016 indices. The pace of growth was the most pronounced in 2018 an increase of 26%. Over the period under review, import prices hit record highs in 2021 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+3.1%).

Source: IndexBox Platform

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