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

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

In 2023, the global market for manganites, manganates and permanganates, molybdates and tungstates increased by X% to $X, rising for the second consecutive year after two years of decline. The market 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 throughout the analyzed period. Global consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Production of Manganites, Manganates And Permanganates, Molybdates And Tungstates

In value terms, manganites, manganates, molybdates and tungstates production reached $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, global production hit record highs at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports

In 2023, global manganites, manganates, molybdates and tungstates exports expanded modestly to X tons, with an increase of X% compared with 2022. Overall, total exports indicated measured growth from 2012 to 2023: its volume 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, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2023, the growth of the global exports remained at a lower figure.

In value terms, manganites, manganates, molybdates and tungstates exports declined modestly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the global exports reached the peak figure at $X in 2022, and then shrank in the following year.

Exports by Country

In 2023, China (X tons) represented the key exporter of manganites, manganates and permanganates, molybdates and tungstates, making up X% of total exports. It was distantly followed by India (X tons), Lao People's Democratic Republic (X tons), the Netherlands (X tons), the United States (X tons) and Belgium (X tons), together mixing up a X% share of total exports. The following exporters - Vietnam (X tons), Taiwan (Chinese) (X tons), Japan (X tons), Chile (X tons), the Philippines (X tons) and Poland (X tons) - together made up X% of total exports.

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, the Philippines (X%), Taiwan (Chinese) (X%), India (X%), Vietnam (X%), Chile (X%), Poland (X%), Japan (X%), Belgium (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, Lao People's Democratic Republic (X%) and the United States (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of India, Taiwan (Chinese), the Philippines and Vietnam increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the Netherlands ($X) and India ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of global exports. Vietnam, the United States, Chile, Japan, Lao People's Democratic Republic, Taiwan (Chinese), Poland, Belgium and the Philippines lagged somewhat behind, together accounting for a further X%.

The Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for manganites, manganates and permanganates, molybdates and tungstates stood at $X per ton in 2023, waning by X% against the previous year. Overall, the export price, however, saw a mild expansion. The pace of growth appeared the most rapid in 2017 an increase of X%. The global export price peaked at $X per ton in 2022, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

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

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports

For the fifth consecutive year, the global market recorded growth in purchases abroad of manganites, manganates and permanganates, molybdates and tungstates, which increased by X% to X tons in 2023. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Global imports peaked in 2023 and are expected to retain growth in the near future.

In value terms, manganites, manganates, molybdates and tungstates imports rose notably to $X in 2023. Over the period under review, total imports indicated slight growth from 2012 to 2023: its value 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, global imports reached the peak figure in 2023 and are likely to see steady growth in the near future.

Imports by Country

In 2023, the United States (X tons), distantly followed by China (X tons), Vietnam (X tons), Japan (X tons) and South Korea (X tons) represented the largest importers of manganites, manganates and permanganates, molybdates and tungstates, together mixing up X% of total imports. Spain (X tons), Thailand (X tons), Belgium (X tons), Taiwan (Chinese) (X tons), the Netherlands (X tons), France (X tons), Italy (X tons) and India (X tons) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of X% from 2012 to 2023. At the same time, China (X%), Spain (X%), India (X%), the Netherlands (X%), Taiwan (Chinese) (X%), Vietnam (X%) and Thailand (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Italy, France and South Korea experienced a relatively flat trend pattern. By contrast, Japan (X%) and Belgium (X%) illustrated a downward trend over the same period. The United States (X p.p.), China (X p.p.), Spain (X p.p.), Vietnam (X p.p.), the Netherlands (X p.p.) and Taiwan (Chinese) (X p.p.) significantly strengthened its position in terms of the global imports, while Japan and Belgium saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest manganites, manganates, molybdates and tungstates importing markets worldwide were the United States ($X), China ($X) and Japan ($X), with a combined X% share of global imports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average import price for manganites, manganates and permanganates, molybdates and tungstates amounted to $X per ton, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2022 an increase of X%. Global import price peaked in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform