Puerto Rico: Market for Manganites, Manganates And Permanganates, Molybdates And Tungstates 2024

Market Size for Manganites, Manganates And Permanganates, Molybdates And Tungstates in Puerto Rico

The Puerto Rican market for manganites, manganates and permanganates, molybdates and tungstates reached $X in 2021, picking up by 6% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Manganites, Manganates And Permanganates, Molybdates And Tungstates in Puerto Rico

In value terms, manganites, manganates, molybdates and tungstates production rose sharply to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 27% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports from Puerto Rico

Manganites, manganates, molybdates and tungstates exports from Puerto Rico totaled less than X kg in 2021, remaining relatively unchanged against 2020 figures. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, manganites, manganates, molybdates and tungstates exports stood at less than $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern.

Exports by Country

China represented the major exporter of manganites, manganates and permanganates, molybdates and tungstates in the world, with the volume of exports recording X tons, which was approx. 36% of total exports in 2021. It was distantly followed by India (X tons), Lao People's Democratic Republic (X tons), the United States (X tons), Belgium (X tons) and the Netherlands (X tons), together comprising a 46% share of total exports. The following exporters - Vietnam (X tons) and Japan (X tons) - each finished at a 5.9% share 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, India (+17.9%), Vietnam (+17.7%), Belgium (+8.0%), Lao People's Democratic Republic (+4.8%), the Netherlands (+3.1%) and Japan (+2.3%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +17.9% from 2012-2021. The United States experienced a relatively flat trend pattern. While the share of India (+8.2 p.p.), Vietnam (+2.3 p.p.) and Belgium (+2.3 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the United States (-2.3 p.p.) and China (-13.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest manganites, manganates, molybdates and tungstates supplier from Puerto Rico, comprising 29% of global exports. The second position in the ranking was taken by the Netherlands ($X), with an 11% share of global exports. It was followed by the United States, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value in China totaled -2.9%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+3.6% per year) and the United States (+2.7% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.8%), while the other leaders experienced more modest paces of growth.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports into Puerto Rico

In 2021, manganites, manganates, molybdates and tungstates imports into Puerto Rico amounted to less than X kg, approximately mirroring 2020. In general, imports showed a relatively flat trend pattern.

In value terms, manganites, manganates, molybdates and tungstates imports totaled less than $X in 2021. Overall, imports saw a relatively flat trend pattern.

Imports by Country

The purchases of the twelve major importers of manganites, manganates and permanganates, molybdates and tungstates, namely the United States, Belgium, China, Japan, Poland, South Korea, the Netherlands, Iran, Vietnam, Taiwan (Chinese), Spain and France, represented more than two-thirds of total import. Germany (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +35.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Japan ($X) were the countries with the highest levels of imports in 2021, with a combined 40% share of total imports.

In terms of the main importing countries, China, with a CAGR of +30.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, flattening at the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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