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

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

In 2021, the Japanese market for manganites, manganates and permanganates, molybdates and tungstates increased by 3.2% to $X, rising for the third consecutive year after two years of decline. Overall, consumption, however, showed a relatively flat trend pattern. Manganites, manganates, molybdates and tungstates consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, manganites, manganates, molybdates and tungstates production shrank modestly to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 57% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports from Japan

Manganites, manganates, molybdates and tungstates exports from Japan skyrocketed to X tons in 2021, picking up by 33% against 2020. Over the period under review, total exports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +37.8% against 2019 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 58%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, manganites, manganates, molybdates and tungstates exports soared to $X in 2021. Overall, total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

South Korea (X tons) was the main destination for manganites, manganates, molybdates and tungstates exports from Japan, with a 68% share of total exports. Moreover, manganites, manganates, molybdates and tungstates exports to South Korea exceeded the volume sent to the second major destination, Italy (X tons), sevenfold. The third position in this ranking was taken by Thailand (X tons), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume to South Korea amounted to +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+41.3% per year) and Thailand (+6.9% per year).

In value terms, South Korea ($X) remains the key foreign market for manganites, manganates and permanganates, molybdates and tungstates exports from Japan, comprising 68% of total exports. The second position in the ranking was held by Italy ($X), with a 10% share of total exports. It was followed by Thailand, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value to South Korea totaled +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+34.8% per year) and Thailand (+4.0% per year).

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 13% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 19% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Philippines ($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 Philippines (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports into Japan

In 2021, imports of manganites, manganates and permanganates, molybdates and tungstates into Japan rose notably to X tons, picking up by 9.1% on the previous year's figure. In general, imports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in 2014 when imports increased by 33%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, manganites, manganates, molybdates and tungstates imports soared to $X in 2021. Over the period under review, imports, however, showed a perceptible decline. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of manganites, manganates, molybdates and tungstates to Japan, with a 71% share of total imports. Moreover, manganites, manganates, molybdates and tungstates imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fourfold. Vietnam (X tons) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+65.9% per year) and Vietnam (+29.8% per year).

In value terms, China ($X) constituted the largest supplier of manganites, manganates and permanganates, molybdates and tungstates to Japan, comprising 67% of total imports. The second position in the ranking was held by South Korea ($X), with a 17% share of total imports. It was followed by Vietnam, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+63.8% per year) and Vietnam (+23.0% per year).

Import Prices by Country

In 2021, the average import price for manganites, manganates and permanganates, molybdates and tungstates amounted to $X per ton, increasing by 28% against the previous year. In general, the import price, however, continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2018 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for India ($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 United States (+4.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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