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

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

The Swedish market for manganites, manganates and permanganates, molybdates and tungstates declined to $X in 2021, dropping by -9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a noticeable reduction. Manganites, manganates, molybdates and tungstates consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports from Sweden

In 2021, the amount of manganites, manganates and permanganates, molybdates and tungstates exported from Sweden reduced to X tons, with a decrease of -6% against 2020. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 142% against the previous year. As a result, the exports attained 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 fell dramatically to $X in 2021. In general, exports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 138% 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

Norway (X tons), Denmark (X tons) and Spain (X tons) were the main destinations of manganites, manganates, molybdates and tungstates exports from Sweden, together comprising 84% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +30.9%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for manganites, manganates, molybdates and tungstates exported from Sweden were Norway ($X), Finland ($X) and Denmark ($X), with a combined 85% share of total exports.

In terms of the main countries of destination, Denmark, with a CAGR of +25.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for manganites, manganates and permanganates, molybdates and tungstates stood at $X per ton in 2021, reducing by -20.5% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 53% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Spain ($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 Spain (+10.6%), while the prices for the other major destinations experienced a decline.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports into Sweden

In 2021, the amount of manganites, manganates and permanganates, molybdates and tungstates imported into Sweden reduced to X tons, with a decrease of -5.1% against the previous year's figure. Overall, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 31%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, manganites, manganates, molybdates and tungstates imports declined to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 40%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of manganites, manganates, molybdates and tungstates to Sweden, with a 57% share of total imports. Moreover, manganites, manganates, molybdates and tungstates imports from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 7% share.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-4.1% per year) and Italy (-6.0% per year).

In value terms, the largest manganites, manganates, molybdates and tungstates suppliers to Sweden were Spain ($X), Italy ($X) and Belgium ($X), with a combined 59% share of total imports. These countries were followed by the UK, Poland, the Netherlands and Germany, which together accounted for a further 26%.

Poland, with a CAGR of +11.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for manganites, manganates and permanganates, molybdates and tungstates amounted to $X per ton, which is down by -6.1% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, manganites, manganates, molybdates and tungstates import price decreased by -27.2% against 2017 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 58% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

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 UK ($X per ton), while the price for Spain ($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 UK (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :