World - Manganites, Manganates And Permanganates, Molybdates And Tungstates - Market Analysis, Forecast, Size, Trends And Insights
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The article discusses the increasing demand for manganites, manganates, molybdates, and tungstates globally, with a forecasted CAGR of +5.9% from 2022 to 2030. Market performance is expected to grow, reaching 1.2M tons by 2030 in volume and $13.4B in value. The top consuming countries in 2022 were China, the United States, and India, while China, the United States, and Japan led in market value. Production and export/import trends are also analyzed, showing fluctuations in volume, value, and average prices over the years.
Market Forecast
Driven by increasing demand for manganites, manganates and permanganates, molybdates and tungstates worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +5.9% for the period from 2022 to 2030, which is projected to bring the market volume to 1.2M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +8.2% for the period from 2022 to 2030, which is projected to bring the market value to $13.4B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Manganites, Manganates And Permanganates, Molybdates And Tungstates
Global manganites, manganates, molybdates and tungstates consumption stood at 737K tons in 2022, with an increase of 1.9% on the year before. In general, the total consumption indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.7% against 2020 indices. Over the period under review, global consumption hit record highs at 751K tons in 2020; however, from 2021 to 2022, consumption remained at a lower figure.
The revenue of the market for manganites, manganates and permanganates, molybdates and tungstates worldwide rose slightly to $7.1B in 2022, surging by 1.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $7.2B in 2019; however, from 2020 to 2022, consumption failed to regain momentum.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (173K tons), the United States (89K tons) and India (65K tons), with a combined 44% share of global consumption. Japan, Russia, Nigeria, Brazil, Turkey, Italy, Democratic Republic of the Congo, Saudi Arabia and Poland lagged somewhat behind, together comprising a further 31%.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Saudi Arabia (with a CAGR of +23.8%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, China ($1.2B), Russia ($807M) and Japan ($711M) constituted the countries with the highest levels of market value in 2022, together accounting for 39% of the global market. The United States, Brazil, India, Italy, Nigeria, Turkey, Poland, Democratic Republic of the Congo and Saudi Arabia lagged somewhat behind, together accounting for a further 30%.
In terms of the main consuming countries, Saudi Arabia, with a CAGR of +22.4%, recorded the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of manganites, manganates, molybdates and tungstates per capita consumption in 2022 were Saudi Arabia (379 kg per 1000 persons), Japan (356 kg per 1000 persons) and Poland (295 kg per 1000 persons).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Saudi Arabia (with a CAGR of +21.3%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Manganites, Manganates And Permanganates, Molybdates And Tungstates
In 2022, approx. 746K tons of manganites, manganates and permanganates, molybdates and tungstates were produced worldwide; remaining relatively unchanged against the year before. Over the period under review, the total production indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.7% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 21% against the previous year. Over the period under review, global production hit record highs at 753K tons in 2016; however, from 2017 to 2022, production failed to regain momentum.
In value terms, manganites, manganates, molybdates and tungstates production shrank modestly to $6.8B in 2022 estimated in export price. The total output value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 18%. Over the period under review, global production attained the maximum level at $7.2B in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.
Production By Country
China (191K tons) remains the largest manganites, manganates, molybdates and tungstates producing country worldwide, comprising approx. 26% of total volume. Moreover, manganites, manganates, molybdates and tungstates production in China exceeded the figures recorded by the second-largest producer, the United States (88K tons), twofold. The third position in this ranking was taken by India (73K tons), with a 9.8% share.
In China, manganites, manganates, molybdates and tungstates production expanded at an average annual rate of +7.1% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: the United States (+12.5% per year) and India (+8.8% per year).
Imports
World Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates
In 2022, overseas purchases of manganites, manganates and permanganates, molybdates and tungstates decreased by -1.2% to 58K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by 20%. Over the period under review, global imports attained the peak figure at 58K tons in 2021, and then fell slightly in the following year.
In value terms, manganites, manganates, molybdates and tungstates imports soared to $649M in 2022. Overall, total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 40% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to see gradual growth in years to come.
Imports By Country
The United States (7.7K tons), Belgium (5.2K tons), Vietnam (4.6K tons), China (4.2K tons), Japan (3.6K tons), South Korea (3K tons), Thailand (2.5K tons), Taiwan (Chinese) (2.3K tons), the Netherlands (2.3K tons), Spain (1.9K tons), Poland (1.8K tons) and France (1.6K tons) represented roughly 70% of total imports in 2022. Bangladesh (1.3K tons) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China (with a CAGR of +31.9%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest manganites, manganates, molybdates and tungstates importing markets worldwide were the United States ($129M), China ($80M) and Japan ($57M), with a combined 41% share of global imports.
In terms of the main importing countries, China, with a CAGR of +30.4%, saw the highest growth rate of 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
In 2022, the average import price for manganites, manganates and permanganates, molybdates and tungstates amounted to $11,238 per ton, surging by 26% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. As a result, import price attained the peak level of $12,367 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($20,585 per ton), while Bangladesh ($2,755 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.1%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates
In 2022, the amount of manganites, manganates and permanganates, molybdates and tungstates exported worldwide reduced to 66K tons, with a decrease of -6.6% compared with 2021. Over the period under review, total exports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +14.2% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of 35%. The global exports peaked at 92K tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.
In value terms, manganites, manganates, molybdates and tungstates exports stood at $715M in 2022. The total export value increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Over the period under review, the global exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
Exports By Country
China was the key exporter of manganites, manganates and permanganates, molybdates and tungstates in the world, with the volume of exports resulting at 22K tons, which was approx. 33% of total exports in 2022. India (8.5K tons) ranks second in terms of the total exports with a 13% share, followed by Lao People's Democratic Republic (11%), the United States (9.2%), Belgium (6.9%) and the Netherlands (5.9%). Vietnam (2.5K tons), Taiwan (Chinese) (2.3K tons), Japan (2.1K tons), Chile (1.6K tons), Poland (1.3K tons) and the Philippines (1.2K tons) took a minor share of total exports.
From 2012 to 2022, average annual rates of growth with regard to manganites, manganates, molybdates and tungstates exports from China stood at -1.6%. At the same time, the Philippines (+171.5%), Vietnam (+32.4%), Taiwan (Chinese) (+32.2%), India (+16.1%), Poland (+9.5%), Belgium (+6.2%), Chile (+5.1%), Lao People's Democratic Republic (+4.3%), Japan (+3.4%) and the Netherlands (+2.0%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in the world, with a CAGR of +171.5% from 2012-2022. The United States experienced a relatively flat trend pattern. While the share of India (+9.1 p.p.), Vietnam (+3.5 p.p.), Taiwan (Chinese) (+3.2 p.p.), Belgium (+2.1 p.p.), Lao People's Democratic Republic (+1.9 p.p.) and the Philippines (+1.8 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the United States (-3.6 p.p.) and China (-16.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($204M) remains the largest manganites, manganates, molybdates and tungstates supplier worldwide, comprising 29% of global exports. The second position in the ranking was taken by the Netherlands ($76M), with an 11% share of global exports. It was followed by Vietnam, with a 9.6% share.
From 2012 to 2022, the average annual rate of growth in terms of value in China stood at -2.1%. In the other countries, the average annual rates were as follows: the Netherlands (+3.6% per year) and Vietnam (+32.4% per year).
Export Prices By Country
The average export price for manganites, manganates and permanganates, molybdates and tungstates stood at $10,758 per ton in 2022, growing by 14% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manganites, manganates, molybdates and tungstates export price increased by +43.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 46% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($26,953 per ton), while the Philippines ($1,195 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.2%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global market for manganites, manganates, molybdates and tungstates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20135110 - Manganites, manganates and permanganates, molybdates, t ungstates (wolframates)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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