Russian Federation: Market for Manganites, Manganates And Permanganates, Molybdates And Tungstates 2024

Market Size for Manganites, Manganates And Permanganates, Molybdates And Tungstates in the Russian Federation

The Russian market for manganites, manganates and permanganates, molybdates and tungstates dropped to $X in 2022, standing approx. at the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Manganites, Manganates And Permanganates, Molybdates And Tungstates in the Russian Federation

In value terms, manganites, manganates, molybdates and tungstates production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Exports from the Russian Federation

In 2022, after three years of growth, there was significant decline in shipments abroad of manganites, manganates and permanganates, molybdates and tungstates, when their volume decreased by X% to X tons. Over the period under review, exports recorded a dramatic descent. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, manganites, manganates, molybdates and tungstates exports dropped dramatically to $X in 2022. Overall, exports faced a sharp setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for manganites, manganates, molybdates and tungstates exports from Russia, with a X% share of total exports. Moreover, manganites, manganates, molybdates and tungstates exports to Kazakhstan exceeded the volume sent to the second major destination, Armenia (X tons), threefold. The third position in this ranking was held by Kyrgyzstan (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (X% per year) and Kyrgyzstan (X% per year).

In value terms, Kazakhstan ($X), Armenia ($X) and Kyrgyzstan ($X) constituted the largest markets for manganites, manganates, molybdates and tungstates exported from Russia worldwide, together accounting for X% of total exports.

Among the main countries of destination, Kyrgyzstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other 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 2022, declining by X% against the previous year. Overall, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($X per ton), while the average price for exports to Kyrgyzstan ($X 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 Belarus (X%), while the prices for the other major destinations experienced a decline.

Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates

Imports into the Russian Federation

In 2022, overseas purchases of manganites, manganates and permanganates, molybdates and tungstates increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, imports posted resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, manganites, manganates, molybdates and tungstates imports rose rapidly to $X in 2022. Over the period under review, imports showed a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest manganites, manganates, molybdates and tungstates supplier to Russia, accounting for a X% share of total imports. Moreover, manganites, manganates, molybdates and tungstates imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%.

In value terms, China ($X) constituted the largest supplier of manganites, manganates and permanganates, molybdates and tungstates to Russia, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled X%.

Import Prices by Country

In 2022, the average import price for manganites, manganates and permanganates, molybdates and tungstates amounted to $X per ton, which is down by X% against the previous year. Overall, the import price recorded a slight slump. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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