Northern America: Market for Manganites, Manganates And Permanganates, Molybdates And Tungstates 2024

Market Size for Manganites, Manganates And Permanganates, Molybdates And Tungstates in Northern America

In 2021, after two years of growth, there was significant decline in the North American market for manganites, manganates and permanganates, molybdates and tungstates, when its value decreased by -10.2% to $X. In general, consumption, however, continues to indicate a remarkable increase. Over the period under review, the market hit record highs at $X in 2020, and then reduced in the following year.

Production of Manganites, Manganates And Permanganates, Molybdates And Tungstates in Northern America

In value terms, manganites, manganates, molybdates and tungstates production declined to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 70% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then shrank in the following year.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports in Northern America

In 2021, shipments abroad of manganites, manganates and permanganates, molybdates and tungstates increased by 47% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The volume of export peaked at X tons in 2013; afterwards, it flattened through to 2021.

In value terms, manganites, manganates, molybdates and tungstates exports surged to $X in 2021. Overall, exports enjoyed pronounced growth. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States dominates exports structure, finishing at X tons, which was approx. 97% of total exports in 2021. Canada (X tons) followed a long way behind the leaders.

The United States experienced a relatively flat trend pattern with regard to volume of exports of manganites, manganates and permanganates, molybdates and tungstates. At the same time, Canada (+19.2%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +19.2% from 2012-2021. From 2012 to 2021, the share of Canada increased by +2.4 percentage points.

In value terms, the United States ($X) remains the largest manganites, manganates, molybdates and tungstates supplier in Northern America, comprising 94% of total exports. The second position in the ranking was held by Canada ($X), with a 6.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States stood at +2.7%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, picking up by 70% against the previous year. Export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 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 Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.8%).

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports in Northern America

In 2021, approx. X tons of manganites, manganates and permanganates, molybdates and tungstates were imported in Northern America; picking up by 13% on 2020 figures. Total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -6.6% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 37%. 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. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 56% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

The United States was the largest importing country with an import of about X tons, which reached 87% of total imports. It was distantly followed by Canada (X tons), constituting a 13% share of total imports.

The United States was also the fastest-growing in terms of the manganites, manganates and permanganates, molybdates and tungstates imports, with a CAGR of +2.6% from 2012 to 2021. Canada (-1.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +4.7 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported manganites, manganates and permanganates, molybdates and tungstates in Northern America, comprising 93% of total imports. The second position in the ranking was held by Canada ($X), with a 7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States was relatively modest.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, picking up by 18% against the previous year. In general, the import price, however, recorded a mild downturn. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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 United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.0%).

Source: IndexBox Platform

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