Report Update Nov 1, 2024

Portugal - Ferro-Manganese - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: Ferro-Manganese Market 2024

Ferro-Manganese Market Size in Portugal

In 2022, the Portuguese ferro-manganese market increased by 10% to $X, rising for the third year in a row after two years of decline. Overall, consumption, however, showed a relatively flat trend pattern. Ferro-manganese consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Ferro-Manganese Exports

Exports from Portugal

In 2022, overseas shipments of ferro-manganese were finally on the rise to reach X tons after four years of decline. Overall, exports, however, saw a deep reduction. The growth pace was the most rapid in 2017 when exports increased by 91%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, ferro-manganese exports surged to $X in 2022. Over the period under review, exports saw a strong increase. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Morocco (X tons) was the main destination for ferro-manganese exports from Portugal, accounting for a 98% share of total exports. It was followed by the Netherlands (X tons), with a 2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Morocco amounted to +1.3%.

In value terms, Morocco ($X) remains the key foreign market for ferro-manganese exports from Portugal, comprising 99% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 0.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Morocco stood at +17.7%.

Export Prices by Country

The average ferro-manganese export price stood at $X per ton in 2022, rising by 12% against the previous year. Over the period under review, the export price saw a strong increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 60%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+114.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Manganese Imports

Imports into Portugal

In 2022, supplies from abroad of ferro-manganese increased by 6.7% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 14% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, ferro-manganese imports skyrocketed to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 105% against the previous year. Imports peaked at $X in 2017; afterwards, it flattened through to 2022.

Imports by Country

Spain (X tons), France (X tons) and Belgium (X tons) were the main suppliers of ferro-manganese imports to Portugal, together accounting for 96% of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +15.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), France ($X) and Belgium ($X) constituted the largest ferro-manganese suppliers to Portugal, with a combined 97% share of total imports.

Among the main suppliers, Belgium, with a CAGR of +20.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ferro-manganese import price stood at $X per ton in 2022, rising by 15% against the previous year. Over the period under review, the import price continues to indicate a moderate expansion. The pace of growth was the most pronounced in 2021 an increase of 104% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ferro-manganese in the world?

China constituted the country with the largest volume of ferro-manganese consumption, accounting for 37% of total volume. Moreover, ferro-manganese consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was occupied by Japan, with an 8.5% share.

What are the largest producers of ferro-manganese in the world?

The country with the largest volume of ferro-manganese production was China, comprising approx. 36% of total volume. Moreover, ferro-manganese production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Japan, with a 7.6% share.

What are the leading suppliers of ferro-manganese to Portugal?

In value terms, the largest ferro-manganese suppliers to Portugal were France, Spain and Belgium.

What are the leading importers of ferro-manganese from Portugal?

In value terms, Morocco remains the key foreign market for ferro-manganese exports from Portugal, comprising 90% of total exports. The second position in the ranking was occupied by Spain, with a 9.3% share of total exports.

What is the average export price for ferro-manganese in Portugal?

In 2020, the average ferro-manganese export price amounted to $1,300 per ton, reducing by -21.8% against the previous year.

What is the average import price for ferro-manganese in Portugal?

The average ferro-manganese import price stood at $1,539 per ton in 2020, which is down by -2.8% against the previous year.

This report provides an in-depth analysis of the ferro-manganese market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24101215 - Ferro-manganese

Country coverage:

Portugal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Portugal
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023