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

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

The Spanish market for manganites, manganates and permanganates, molybdates and tungstates fell to $X in 2021, with a decrease of -11.5% against the previous year. Overall, consumption showed a mild shrinkage. Manganites, manganates, molybdates and tungstates consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, manganites, manganates, molybdates and tungstates production contracted dramatically to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when the production volume increased by 147% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports from Spain

In 2021, approx. X tons of manganites, manganates and permanganates, molybdates and tungstates were exported from Spain; jumping by 166% on the previous year. In general, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2019 when exports increased by 169% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, manganites, manganates, molybdates and tungstates exports soared to $X in 2021. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for manganites, manganates, molybdates and tungstates exports from Spain, accounting for a 64% share of total exports. Moreover, manganites, manganates, molybdates and tungstates exports to China exceeded the volume sent to the second major destination, France (X tons), fivefold. Italy (X tons) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +132.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.0% per year) and Italy (+7.4% per year).

In value terms, China ($X) remains the key foreign market for manganites, manganates and permanganates, molybdates and tungstates exports from Spain, comprising 73% of total exports. The second position in the ranking was held by France ($X), with a 5.2% share of total exports. It was followed by Italy, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value to China totaled +137.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-2.7% per year) and Italy (+7.8% 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, increasing by 26% against the previous year. Overall, export price indicated a perceptible increase 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. Based on 2021 figures, manganites, manganates, molybdates and tungstates export price increased by +95.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 55%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($X per ton), while the average price for exports to Algeria ($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 Cuba (+26.1%), 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 Spain

In 2021, the amount of manganites, manganates and permanganates, molybdates and tungstates imported into Spain skyrocketed to X tons, growing by 26% on the year before. Overall, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 88% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, manganites, manganates, molybdates and tungstates imports surged to $X in 2021. Over the period under review, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), the United States (X tons) and the Netherlands (X tons) were the main suppliers of manganites, manganates, molybdates and tungstates imports to Spain, with a combined 63% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +106.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest manganites, manganates, molybdates and tungstates suppliers to Spain were the Netherlands ($X), Poland ($X) and Belgium ($X), with a combined 72% share of total imports.

Among the main suppliers, Belgium, with a CAGR of +66.3%, 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

In 2021, the average import price for manganites, manganates and permanganates, molybdates and tungstates amounted to $X per ton, rising by 28% against the previous year. Overall, the import price, however, recorded a noticeable decrease. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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