Price for Salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate in Spain - 2023

Contents:

1. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Spain (CIF) - 2023
2. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Spain (FOB) - 2022
3. Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Spain
4. Exports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Spain

Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Spain (CIF) - 2023

The average import price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate stood at $3,548 per ton in November 2023, with an increase of 6.8% against the previous month. Overall, the import price, however, saw a slight slump. The growth pace was the most rapid in March 2023 when the average import price increased by 768% m-o-m. As a result, import price reached the peak level of $22,374 per ton. From April 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Belgium ($3,645 per ton), while the price for China amounted to $2,958 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by India (+1.6%), while the prices for the other major suppliers experienced a decline.

Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Spain (FOB) - 2022

In 2022, the average export price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate amounted to $5,742 per ton, picking up by 24% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $5,992 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($87,752 per ton), while the average price for exports to Portugal ($2,889 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Spain

In 2022, the amount of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate imported into Spain amounted to 1.2K tons, growing by 15% on 2021. The total import volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate surged to $4.1M in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate to Spain in 2022:

1. Belgium (916.8 tons)
2. India (179.8 tons)
3. United States (75.9 tons)
4. China (40.0 tons)

Exports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Spain

In 2022, the amount of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate exported from Spain rose modestly to 119 tons, growing by 4.7% against 2021 figures. The total export volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 21%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate surged to $682K in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate from Spain in 2022:

1. Portugal (42.9 tons)
2. France (13.2 tons)
3. Tunisia (10.4 tons)
4. Mauritius (10.4 tons)
5. Italy (9.4 tons)
6. Taiwan (Chinese) (8.5 tons)
7. Netherlands (7.3 tons)
8. Belgium (5.3 tons)
9. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform