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

Market Size for Manganites, Manganates And Permanganates, Molybdates And Tungstates in the EU

In 2021, the EU market for manganites, manganates and permanganates, molybdates and tungstates increased by 0.3% to $X, rising for the third consecutive year after four years of decline. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Manganites, Manganates And Permanganates, Molybdates And Tungstates in the EU

In value terms, manganites, manganates, molybdates and tungstates production dropped modestly to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 33%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports in the EU

In 2021, shipments abroad of manganites, manganates and permanganates, molybdates and tungstates increased by 11% to X tons, rising for the fourth consecutive year after three years of decline. Over the period under review, exports saw a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 64%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, manganites, manganates, molybdates and tungstates exports skyrocketed to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +128.9% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Belgium (X tons) and the Netherlands (X tons) represented the main exporters of manganites, manganates and permanganates, molybdates and tungstates in the European Union, together accounting for near 77% of total exports. It was distantly followed by Poland (X tons), committing an 11% share of total exports. Spain (X tons), France (X tons) and Italy (X tons) took a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +17.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the largest manganites, manganates, molybdates and tungstates supplier in the European Union, comprising 58% of total exports. The second position in the ranking was held by Poland ($X), with a 16% share of total exports. It was followed by Belgium, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands stood at +3.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+12.7% per year) and Belgium (+7.4% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, with an increase of 26% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+3.0%), while the other leaders experienced more modest paces of growth.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports in the EU

In 2021, supplies from abroad of manganites, manganates and permanganates, molybdates and tungstates increased by 21% to X tons, rising for the fourth year in a row after three years of decline. The total import volume increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 38% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, manganites, manganates, molybdates and tungstates imports surged to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 27% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X tons) was the largest importer of manganites, manganates and permanganates, molybdates and tungstates, committing 30% of total imports. Poland (X tons) ranks second in terms of the total imports with a 14% share, followed by the Netherlands (12%), Spain (10%), France (8%), Germany (7.5%) and Italy (7.5%).

Imports into Belgium increased at an average annual rate of +2.5% from 2012 to 2021. At the same time, Poland (+22.8%), the Netherlands (+18.7%), Spain (+16.3%) and Italy (+1.2%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of +22.8% from 2012-2021. France experienced a relatively flat trend pattern. By contrast, Germany (-4.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Poland, the Netherlands and Spain increased by +11, +8.6 and +6.5 percentage points, respectively.

In value terms, the largest manganites, manganates, molybdates and tungstates importing markets in the European Union were the Netherlands ($X), Belgium ($X) and France ($X), with a combined 56% share of total imports.

The Netherlands, with a CAGR of +30.0%, recorded the highest rates of growth with regard to 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 2021, the import price in the European Union amounted to $X per ton, flattening at the previous year. In general, the import price, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2014 an increase of 23% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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