Russian Federation: Market for Manganites, Manganates And Permanganates, Molybdates And Tungstates 2024

Market Size for Manganites, Manganates And Permanganates, Molybdates And Tungstates in the Russian Federation

The Russian market for manganites, manganates and permanganates, molybdates and tungstates was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption showed a relatively flat trend pattern. Manganites, manganates, molybdates and tungstates consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Manganites, Manganates And Permanganates, Molybdates And Tungstates in the Russian Federation

In value terms, manganites, manganates, molybdates and tungstates production soared to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports from the Russian Federation

In 2021, overseas shipments of manganites, manganates and permanganates, molybdates and tungstates decreased by -23.2% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 164%. 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 skyrocketed to $X in 2021. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2017 when exports increased by 68% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for manganites, manganates, molybdates and tungstates exports from Russia, with a 79% share of total exports. Moreover, manganites, manganates, molybdates and tungstates exports to the Netherlands exceeded the volume sent to the second major destination, the Czech Republic (X tons), more than tenfold. Kazakhstan (X tons) ranked third in terms of total exports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands amounted to +7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+982.7% per year) and Kazakhstan (+10.4% per year).

In value terms, the Netherlands ($X) remains the key foreign market for manganites, manganates and permanganates, molybdates and tungstates exports from Russia, comprising 68% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 20% share of total exports. It was followed by Kazakhstan, with a 3.4% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands stood at +6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+1,955.4% per year) and Kazakhstan (+0.8% 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, with an increase of 75% against the previous year. Overall, the export price, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 81%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Armenia ($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 Czech Republic (+89.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports into the Russian Federation

In 2021, manganites, manganates, molybdates and tungstates imports into Russia soared to X tons, growing by 30% compared with the previous year's figure. In general, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.0% 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 increased by +75.7% against 2019 indices. The growth pace was the most rapid in 2015 when imports increased by 67% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, manganites, manganates, molybdates and tungstates imports skyrocketed to $X in 2021. Overall, imports enjoyed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest manganites, manganates, molybdates and tungstates supplier to Russia, with a 73% share of total imports. Moreover, manganites, manganates, molybdates and tungstates imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold. Poland (X tons) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+121.3% per year) and Poland (+44.7% per year).

In value terms, the largest manganites, manganates, molybdates and tungstates suppliers to Russia were China ($X), India ($X) and Poland ($X), with a combined 85% share of total imports.

India, with a CAGR of +107.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for manganites, manganates and permanganates, molybdates and tungstates stood at $X per ton in 2021, increasing by 97% against the previous year. Overall, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Poland ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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