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

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

The Portuguese market for manganites, manganates and permanganates, molybdates and tungstates reduced slightly to $X in 2021, approximately reflecting the previous year. In general, consumption recorded a slight decrease. Manganites, manganates, molybdates and tungstates consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

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

In value terms, manganites, manganates, molybdates and tungstates production expanded modestly to $X in 2021 estimated in export price. In general, production saw a abrupt descent. Manganites, manganates, molybdates and tungstates production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports from Portugal

After three years of decline, shipments abroad of manganites, manganates and permanganates, molybdates and tungstates increased by 396% to X tons in 2021. In general, exports, however, showed a dramatic curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 518% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, manganites, manganates, molybdates and tungstates exports declined rapidly to $X in 2021. Overall, exports, however, recorded a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 473%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for manganites, manganates, molybdates and tungstates exports from Portugal, accounting for a 91% share of total exports. Moreover, manganites, manganates, molybdates and tungstates exports to Spain exceeded the volume sent to the second major destination, Angola (X kg), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain amounted to +60.3%.

In value terms, Angola ($X) and Spain ($X) were the largest markets for manganites, manganates, molybdates and tungstates exported from Portugal worldwide.

In terms of the main countries of destination, Spain, with a CAGR of +55.7%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average export price for manganites, manganates and permanganates, molybdates and tungstates amounted to $X per ton, dropping by -88.6% against the previous year. Overall, the export price showed a noticeable downturn. The pace of growth was the most pronounced in 2020 an increase of 542%. As a result, the export price reached the peak level of $X per ton, and then dropped sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Spain totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+58.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports into Portugal

In 2021, supplies from abroad of manganites, manganates and permanganates, molybdates and tungstates decreased by -0.3% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of 296% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, manganites, manganates, molybdates and tungstates imports reduced modestly to $X in 2021. Overall, imports, however, posted prominent growth. The growth pace was the most rapid in 2019 with an increase of 219% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest manganites, manganates, molybdates and tungstates supplier to Portugal, accounting for a 82% share of total imports. Moreover, manganites, manganates, molybdates and tungstates imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+4.3% per year) and France (+56.2% per year).

In value terms, Spain ($X) constituted the largest supplier of manganites, manganates and permanganates, molybdates and tungstates to Portugal, comprising 73% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+8.1% per year) and France (+52.3% 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, stabilizing at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 33%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Spain ($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 (+3.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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