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

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

In 2021, the Ukrainian market for manganites, manganates and permanganates, molybdates and tungstates was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption recorded a remarkable increase. Manganites, manganates, molybdates and tungstates consumption peaked in 2021 and is likely to see gradual growth in the near future.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports from Ukraine

In 2021, overseas shipments of manganites, manganates and permanganates, molybdates and tungstates increased by 94% to X kg, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 210%. Over the period under review, the exports attained the maximum at X kg in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, manganites, manganates, molybdates and tungstates exports surged to $X in 2021. In general, exports, however, showed a abrupt slump. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X kg) was the main destination for manganites, manganates, molybdates and tungstates exports from Ukraine, with a 46% share of total exports. Moreover, manganites, manganates, molybdates and tungstates exports to Germany exceeded the volume sent to the second major destination, Moldova (X kg), more than tenfold. The third position in this ranking was taken by Georgia (X kg), with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (-6.6% per year) and Georgia (-33.4% per year).

In value terms, Moldova ($X), Germany ($X) and Guatemala ($X) constituted the largest markets for manganites, manganates, molybdates and tungstates exported from Ukraine worldwide, together comprising 70% of total exports.

Guatemala, with a CAGR of +2,635.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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 28% against the previous year. Overall, the export price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Georgia ($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 Guatemala (+642.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports into Ukraine

Manganites, manganates, molybdates and tungstates imports into Ukraine soared to X tons in 2021, rising by 64% against the previous year's figure. In general, imports showed prominent growth. The pace of growth appeared the most rapid in 2013 when imports increased by 82% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

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

Imports by Country

Poland (X tons), China (X tons) and the United States (X tons) were the main suppliers of manganites, manganates, molybdates and tungstates imports to Ukraine, with a combined 52% share of total imports. India, the Netherlands and Italy lagged somewhat behind, together comprising a further 10%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +70.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of manganites, manganates and permanganates, molybdates and tungstates to Ukraine, comprising 37% of total imports. The second position in the ranking was taken by India ($X), with a 5.4% share of total imports. It was followed by China, with a 5% share.

From 2012 to 2021, the average annual growth rate of value from Poland totaled +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+84.2% per year) and China (-11.0% per year).

Import Prices by Country

The average import price for manganites, manganates and permanganates, molybdates and tungstates stood at $X per ton in 2021, falling by -2.2% against the previous year. Over the period under review, the import price, however, continues to indicate notable growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 59% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, 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 Poland ($X per ton), while the price for the United States ($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 (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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