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

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports in Scandinavia

In 2021, the amount of manganites, manganates and permanganates, molybdates and tungstates exported in Scandinavia reached X tons, increasing by 4.8% on 2020 figures. Over the period under review, exports enjoyed prominent growth. The growth pace was the most rapid in 2014 when exports increased by 113%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, manganites, manganates, molybdates and tungstates exports expanded markedly to $X in 2021. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 84% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, Sweden (X tons) was the key exporter of manganites, manganates and permanganates, molybdates and tungstates, generating 72% of total exports. Norway (X tons) ranks second in terms of the total exports with a 16% share, followed by Finland (12%).

Exports from Sweden increased at an average annual rate of +5.1% from 2012 to 2021. At the same time, Norway (+9.8%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +9.8% from 2012-2021. Finland experienced a relatively flat trend pattern. While the share of Norway (+5.3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Finland (-6.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X), Finland ($X) and Norway ($X) appeared to be the countries with the highest levels of exports in 2021.

Finland, with a CAGR of +18.3%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, flattening at the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of 44%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+18.1%), while the other leaders experienced a decline in the export price figures.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports in Scandinavia

In 2021, overseas purchases of manganites, manganates and permanganates, molybdates and tungstates decreased by -6.4% to X tons for the first time since 2018, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2014 when imports increased by 24% against the previous year. The volume of import peaked at X tons in 2020, and then shrank in the following year.

In value terms, manganites, manganates, molybdates and tungstates imports shrank dramatically to $X in 2021. Overall, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2019 with an increase of 45% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then fell dramatically in the following year.

Imports by Country

Sweden was the main importing country with an import of about X tons, which resulted at 53% of total imports. It was distantly followed by Finland (X tons) and Norway (X tons), together generating a 47% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +10.9%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Finland ($X), Sweden ($X) and Norway ($X) appeared to be the countries with the highest levels of imports in 2021.

Norway, with a CAGR of +13.1%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, with a decrease of -22% against the previous year. Import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the import price increased by 32% against the previous year. The level of import peaked at $X per ton in 2020, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform