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

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

The Luxembourg market for manganites, manganates and permanganates, molybdates and tungstates rose significantly to $X in 2021, surging by 6.5% against the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -5.7% against 2019 indices. Manganites, manganates, molybdates and tungstates consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

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

In value terms, manganites, manganates, molybdates and tungstates production rose notably to $X in 2021 estimated in export price. In general, the total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -8.2% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of 26%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports from Luxembourg

In 2016, overseas shipments of manganites, manganates and permanganates, molybdates and tungstates decreased by -25% to X kg, falling for the third year in a row after two years of growth. Overall, exports faced a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of 3,774%. As a result, the exports attained the peak of X tons. From 2014 to 2016, the growth of the exports remained at a lower figure.

In value terms, manganites, manganates, molybdates and tungstates exports dropped to $X in 2016. Over the period under review, exports showed a deep contraction. The pace of growth was the most pronounced in 2013 when exports increased by 3,750% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2016, the growth of the exports remained at a lower figure.

Exports by Country

From 2012 to 2021, the average annual rate of growth in terms of volume to No country was relatively modest.

From 2012 to 2021, the average annual growth rate of value to No country was relatively modest.

Export Prices by Country

The average export price for manganites, manganates and permanganates, molybdates and tungstates stood at $X per ton in 2016, picking up by 16% against the previous year. Overall, the export price saw a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2016, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2016, the rate of growth in terms of prices for the Netherlands amounted to +1.0% per year.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports into Luxembourg

In 2021, purchases abroad of manganites, manganates and permanganates, molybdates and tungstates was finally on the rise to reach X kg after two years of decline. Over the period under review, imports saw a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by 8,536% against the previous year. As a result, imports reached the peak of X kg. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, manganites, manganates, molybdates and tungstates imports soared to $X in 2021. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 8,574% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Belgium (X kg), France (X kg) and Germany (X kg) were the main suppliers of manganites, manganates, molybdates and tungstates imports to Luxembourg, with a combined 97% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +29.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the UK ($X) constituted the largest supplier of manganites, manganates and permanganates, molybdates and tungstates to Luxembourg, comprising 73% of total imports. The second position in the ranking was taken by Belgium ($X), with a 17% share of total imports. It was followed by France, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+40.0% per year) and France (-4.5% 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 220% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. 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 origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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