Denmark: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in Denmark

The Danish manganese ore and concentrate market expanded modestly to $X in 2023, picking up by X% 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). Overall, consumption continues to indicate a pronounced expansion. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market failed to regain momentum.

Exports of Manganese Ores and Concentrates

Exports from Denmark

Manganese ore and concentrate exports from Denmark shrank to X tons in 2023, dropping by X% compared with 2022 figures. Over the period under review, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2023, the growth of the exports remained at a lower figure.

In value terms, manganese ore and concentrate exports declined to $X in 2023. In general, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Latvia (X tons) was the main destination for manganese ore and concentrate exports from Denmark, with a X% share of total exports. Moreover, manganese ore and concentrate exports to Latvia exceeded the volume sent to the second major destination, Sweden (X tons), threefold. Spain (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Latvia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Spain (X% per year).

In value terms, Latvia ($X) remains the key foreign market for manganese ores and concentrates exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Latvia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Spain (X% per year).

Export Prices by Country

In 2023, the average manganese ore and concentrate export price amounted to $X per ton, flattening at the previous year. Overall, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Manganese Ores and Concentrates

Imports into Denmark

Manganese ore and concentrate imports into Denmark declined modestly to X tons in 2023, remaining relatively unchanged against the previous year. Overall, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2023, the growth of imports remained at a lower figure.

In value terms, manganese ore and concentrate imports shrank slightly to $X in 2023. In general, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Brazil (X tons) constituted the largest supplier of manganese ore and concentrate to Denmark, accounting for a X% share of total imports. Moreover, manganese ore and concentrate imports from Brazil exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Germany (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of manganese ores and concentrates to Denmark, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Germany (X% per year).

Import Prices by Country

In 2023, the average manganese ore and concentrate import price amounted to $X per ton, flattening at the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were the Netherlands ($X per ton) and Belgium ($X per ton), while the price for Germany ($X per ton) and France ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform