Brazil: Market for Manganites, Manganates And Permanganates, Molybdates And Tungstates 2024

Market Size for Manganites, Manganates And Permanganates, Molybdates And Tungstates in Brazil

The Brazilian market for manganites, manganates and permanganates, molybdates and tungstates rose rapidly to $X in 2021, surging by 8.5% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Production of Manganites, Manganates And Permanganates, Molybdates And Tungstates in Brazil

In value terms, manganites, manganates, molybdates and tungstates production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by 31% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports from Brazil

In 2021, manganites, manganates, molybdates and tungstates exports from Brazil surged to X tons, with an increase of 79% compared with the year before. In general, exports posted a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, manganites, manganates, molybdates and tungstates exports soared to $X in 2021. Overall, exports recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Argentina (X tons), Paraguay (X tons) and the United States (X tons) were the main destinations of manganites, manganates, molybdates and tungstates exports from Brazil, with a combined 66% share of total exports. Belgium, Colombia, South Africa and Chile lagged somewhat behind, together comprising a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of +178.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for manganites, manganates, molybdates and tungstates exported from Brazil were Paraguay ($X), Argentina ($X) and the United States ($X), with a combined 69% share of total exports. Belgium, South Africa, Colombia and Chile lagged somewhat behind, together comprising a further 22%.

South Africa, with a CAGR of +187.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for manganites, manganates and permanganates, molybdates and tungstates amounted to $X per ton, growing by 30% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 30%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports into Brazil

In 2021, supplies from abroad of manganites, manganates and permanganates, molybdates and tungstates increased by 24% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2015 when imports increased by 69% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, manganites, manganates, molybdates and tungstates imports surged to $X in 2021. Overall, imports, however, continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2015 when imports increased by 36%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest manganites, manganates, molybdates and tungstates supplier to Brazil, accounting for a 49% share of total imports. Moreover, manganites, manganates, molybdates and tungstates imports from the United States exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. China (X tons) ranked third in terms of total imports with a 20% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +22.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+121.0% per year) and China (-18.4% per year).

In value terms, the largest manganites, manganates, molybdates and tungstates suppliers to Brazil were the United States ($X), India ($X) and Germany ($X), with a combined 69% share of total imports.

India, with a CAGR of +64.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for manganites, manganates and permanganates, molybdates and tungstates stood at $X per ton in 2021, surging by 4.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 37%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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