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

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

The CIS market for manganites, manganates and permanganates, molybdates and tungstates expanded rapidly to $X in 2021, with an increase of 13% against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, manganites, manganates, molybdates and tungstates production soared to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports in CIS

In 2021, the amount of manganites, manganates and permanganates, molybdates and tungstates exported in the CIS surged to X tons, jumping by 27% compared with the previous year's figure. Over the period under review, exports, however, recorded a abrupt decrease. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, manganites, manganates, molybdates and tungstates exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a abrupt decrease. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) and Uzbekistan (X tons) dominates exports structure, together achieving 89% of total exports. It was distantly followed by Armenia (X tons), mixing up a 5% share of total exports. Kyrgyzstan (X tons) and Kazakhstan (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Armenia (with a CAGR of +49.3%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Russia ($X) remains the largest manganites, manganates, molybdates and tungstates supplier in the CIS, comprising 75% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 17% share of total exports. It was followed by Kyrgyzstan, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value in Russia amounted to -17.5%. In the other countries, the average annual rates were as follows: Uzbekistan (+28.9% per year) and Kyrgyzstan (-29.2% per year).

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, rising by 20% against the previous year. Overall, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 53%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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 Russia ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+5.0%), while the other leaders experienced more modest paces of growth.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports in CIS

In 2021, approx. X tons of manganites, manganates and permanganates, molybdates and tungstates were imported in the CIS; picking up by 14% against the year before. Total imports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +29.7% against 2019 indices. The pace of growth appeared the most rapid in 2015 when imports increased by 52% against the previous year. The volume of import peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, manganites, manganates, molybdates and tungstates imports skyrocketed to $X in 2021. Over the period under review, imports recorded a temperate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia dominates imports structure, recording X tons, which was approx. 91% of total imports in 2021. Belarus (X tons) and Kazakhstan (X tons) took a relatively small share of total imports.

Russia was also the fastest-growing in terms of the manganites, manganates and permanganates, molybdates and tungstates imports, with a CAGR of +3.0% from 2012 to 2021. Kazakhstan experienced a relatively flat trend pattern. Belarus (-7.6%) illustrated a downward trend over the same period. While the share of Russia (+5.9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belarus (-5.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported manganites, manganates and permanganates, molybdates and tungstates in the CIS, comprising 90% of total imports. The second position in the ranking was taken by Belarus ($X), with a 5.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Russia totaled +6.0%. In the other countries, the average annual rates were as follows: Belarus (-11.1% per year) and Kazakhstan (-2.6% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, rising by 45% against the previous year. Import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+3.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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