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

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

The MERCOSUR market for manganites, manganates and permanganates, molybdates and tungstates declined slightly to $X in 2023, falling 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 throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market remained at a somewhat lower figure.

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

In value terms, manganites, manganates, molybdates and tungstates production totaled $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 consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2023, production growth remained at a somewhat lower figure.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports in MERCOSUR

Manganites, manganates, molybdates and tungstates exports surged to X tons in 2023, picking up by X% compared with 2022. Overall, exports showed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, manganites, manganates, molybdates and tungstates exports surged to $X in 2023. Over the period under review, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

Chile represented the largest exporting country with an export of around X tons, which recorded 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 MERCOSUR, 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 ($X) remains the largest manganites, manganates, molybdates and tungstates supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports.

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

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure in 2023 and is expected to retain growth in the near future.

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 amounted to $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 MERCOSUR

In 2023, purchases 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 pronounced slump. The pace of growth appeared the most rapid in 2015 when imports increased by X%. The volume of import peaked at X tons in 2022, and then declined dramatically in the following year.

In value terms, manganites, manganates, molybdates and tungstates imports rose sharply to $X in 2023. Total imports indicated measured growth from 2012 to 2023: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2023 and is likely to see steady growth in years to come.

Imports by Country

Brazil was the key importer of manganites, manganates and permanganates, molybdates and tungstates in MERCOSUR, with the volume of imports reaching X tons, which was approx. X% of total imports in 2023. Colombia (X tons) ranks second in terms of the total imports with a X% share, followed by Peru (X%), Argentina (X%) and Paraguay (X%). The following importers - Chile (X tons) and Ecuador (X tons) - each accounted for an X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to manganites, manganates, molybdates and tungstates imports into Brazil stood at X%. At the same time, Peru (X%), Colombia (X%), Paraguay (X%), Argentina (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Chile (X%) illustrated a downward trend over the same period. While the share of Colombia (X p.p.), Peru (X p.p.), Argentina (X p.p.) and Paraguay (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Chile (X p.p.) and Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual rate of growth in terms 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

In 2023, the import price in MERCOSUR amounted to $X per ton, growing by X% against the previous year. Import price indicated strong growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. 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 Paraguay ($X per ton), while Peru ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform