Latin America and the Caribbean: Market for Manganites, Manganates And Permanganates, Molybdates And Tungstates 2024

Market Size for Manganites, Manganates And Permanganates, Molybdates And Tungstates in Latin America and the Caribbean

The Latin American market for manganites, manganates and permanganates, molybdates and tungstates dropped to $X in 2023, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2020 to 2023, the growth of the market remained at a lower figure.

Production of Manganites, Manganates And Permanganates, Molybdates And Tungstates in Latin America and the Caribbean

In value terms, manganites, manganates, molybdates and tungstates production stood at $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2023, production growth failed to regain momentum.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports in Latin America and the Caribbean

In 2023, the amount of manganites, manganates and permanganates, molybdates and tungstates exported in Latin America and the Caribbean surged to X tons, with an increase of X% against 2022. Over the period under review, exports saw a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, manganites, manganates, molybdates and tungstates exports surged to $X in 2023. In general, exports posted prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

Chile represented the key exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by Brazil (X tons), committing a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to manganites, manganates, molybdates and tungstates exports from Chile stood at X%. At the same time, Brazil (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) remains the largest manganites, manganates, molybdates and tungstates supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Chile totaled X%.

Export Prices by Country

In 2023, the export price in Latin America and the Caribbean amounted to $X per ton, with an increase of X% against the previous year. In general, the export price continues to indicate a tangible increase. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Brazil totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Chile (X%).

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports in Latin America and the Caribbean

In 2023, supplies from abroad of manganites, manganates and permanganates, molybdates and tungstates decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2023, the growth of imports remained at a lower figure.

In value terms, manganites, manganates, molybdates and tungstates imports expanded modestly to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in the immediate term.

Imports by Country

In 2023, Brazil (X tons) represented the main importer of manganites, manganates and permanganates, molybdates and tungstates, committing X% of total imports. It was distantly followed by Colombia (X tons), Peru (X tons) and Argentina (X tons), together committing a X% share of total imports. Mexico (X tons), Paraguay (X tons), Chile (X tons), Ecuador (X tons), Guatemala (X tons), Bolivia (X tons) and El Salvador (X tons) followed a long way behind the leaders.

Imports into Brazil decreased at an average annual rate of X% from 2012 to 2023. At the same time, El Salvador (X%), Bolivia (X%), Peru (X%), Colombia (X%), Paraguay (X%), Guatemala (X%), Argentina (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. By contrast, Chile (X%) and Mexico (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Colombia, Peru, Argentina, Paraguay, Bolivia and El Salvador increased by X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported manganites, manganates and permanganates, molybdates and tungstates in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Paraguay ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Brazil was relatively modest. In the other countries, the average annual rates were as follows: Paraguay (X% per year) and Argentina (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2023, surging by X% against the previous year. Import price indicated prominent growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, manganites, manganates, molybdates and tungstates import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by El Salvador (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform