Overview of the Global Market for Manganites, Manganates And Permanganates, Molybdates And Tungstates

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

The global market for manganites, manganates and permanganates, molybdates and tungstates expanded slightly to $X in 2021, picking up by 3.8% against the previous year. The market value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Global consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Manganites, Manganates And Permanganates, Molybdates And Tungstates

In value terms, manganites, manganates, molybdates and tungstates production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2014 with an increase of 18% against the previous year. Over the period under review, global production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports

In 2021, global manganites, manganates, molybdates and tungstates exports skyrocketed to X tons, jumping by 17% compared with the year before. In general, total exports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 33% against the previous year. Over the period under review, the global exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, manganites, manganates, molybdates and tungstates exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X tons) represented the key exporter of manganites, manganates and permanganates, molybdates and tungstates, creating 36% of total exports. India (X tons) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by Lao People's Democratic Republic (11%), the United States (10%), Belgium (7%) and the Netherlands (5.9%). Vietnam (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of manganites, manganates and permanganates, molybdates and tungstates. At the same time, India (+17.9%), Vietnam (+17.7%), Belgium (+8.0%), Lao People's Democratic Republic (+4.8%) and the Netherlands (+3.1%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +17.9% from 2012-2021. The United States experienced a relatively flat trend pattern. While the share of India (+8.2 p.p.), Vietnam (+2.3 p.p.) and Belgium (+2.3 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the United States (-2.3 p.p.) and China (-13.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest manganites, manganates, molybdates and tungstates supplier worldwide, comprising 29% of global exports. The second position in the ranking was held by the Netherlands ($X), with an 11% share of global exports. It was followed by the United States, with a 9.7% share.

In China, manganites, manganates, molybdates and tungstates exports decreased by an average annual rate of -2.9% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+3.6% per year) and the United States (+2.7% 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, picking up by 37% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 44% against the previous year. The global export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Belgium ($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 (+5.8%), while the other global leaders experienced more modest paces of growth.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports

For the third year in a row, the global market recorded growth in purchases abroad of manganites, manganates and permanganates, molybdates and tungstates, which increased by 4% to X tons in 2021. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 18% against the previous year. Global imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, manganites, manganates, molybdates and tungstates imports surged to $X in 2021. Over the period under review, imports, however, saw a mild reduction. Over the period under review, global imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of manganites, manganates, molybdates and tungstates imports in 2021 were the United States (X tons), Belgium (X tons), China (X tons), Japan (X tons), Poland (X tons), South Korea (X tons), the Netherlands (X tons), Iran (X tons), Vietnam (X tons), Taiwan (Chinese) (X tons), Spain (X tons) and France (X tons), together reaching 69% of total import. Germany (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China (with a CAGR of +35.3%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 40% of global imports.

In terms of the main importing countries, China, with a CAGR of +30.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global 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, surging by 22% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 22%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Iran ($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 Netherlands (+9.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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