Europe: Market for Manganese Ores and Concentrates 2024

Market Size for Manganese Ores and Concentrates in Europe

The Europe manganese ore and concentrate market reduced rapidly to $X in 2023, declining by X% against the previous year. Overall, consumption recorded a pronounced decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Production of Manganese Ores and Concentrates in Europe

In value terms, manganese ore and concentrate production stood at $X in 2023 estimated in export price. Over the period under review, production recorded a notable expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Exports of Manganese Ores and Concentrates

Exports in Europe

In 2023, approx. X tons of manganese ores and concentrates were exported in Europe; which is down by X% compared with the previous year's figure. Over the period under review, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, manganese ore and concentrate exports dropped sharply to $X in 2023. In general, exports showed a mild contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France was the main exporter of manganese ores and concentrates in Europe, with the volume of exports accounting for X tons, which was near X% of total exports in 2023. The Netherlands (X tons) ranks second in terms of the total exports with a X% share, followed by Romania (X%), Belgium (X%), Poland (X%), Norway (X%), Ukraine (X%), Bulgaria (X%) and Spain (X%).

From 2012 to 2023, average annual rates of growth with regard to manganese ore and concentrate exports from France stood at X%. At the same time, Poland (X%), Spain (X%), Belgium (X%) and Romania (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. By contrast, the Netherlands (X%), Ukraine (X%), Norway (X%) and Bulgaria (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Poland, Belgium, Romania and Spain increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), the Netherlands ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Spain, Poland, Norway, Ukraine, Bulgaria and Romania lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Poland, with a CAGR of X%, saw the highest growth rate of 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 export price in Europe stood at $X per ton in 2023, picking up by X% against the previous year. Export price indicated mild growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, manganese ore and concentrate export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the export price increased by X%. The level of export peaked in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Romania ($X per ton) was amongst the lowest.

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

Imports of Manganese Ores and Concentrates

Imports in Europe

In 2023, the amount of manganese ores and concentrates imported in Europe contracted dramatically to X tons, which is down by X% compared with 2022 figures. Overall, imports showed a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2023, imports remained at a lower figure.

In value terms, manganese ore and concentrate imports fell markedly to $X in 2023. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2023, imports failed to regain momentum.

Imports by Country

Norway represented the largest importer of manganese ores and concentrates in Europe, with the volume of imports accounting for X tons, which was near X% of total imports in 2023. Russia (X tons) ranks second in terms of the total imports with a X% share, followed by France (X%). The following importers - Spain (X tons), the Netherlands (X tons), Ukraine (X tons) and Slovakia (X tons) - together made up X% of total imports.

Norway experienced a relatively flat trend pattern with regard to volume of imports of manganese ores and concentrates. The Netherlands (X%), France (X%), Russia (X%), Slovakia (X%), Spain (X%) and Ukraine (X%) illustrated a downward trend over the same period. Norway (X p.p.) and France (X p.p.) significantly strengthened its position in terms of the total imports, while Slovakia, Russia, Spain and Ukraine saw its share reduced by X%, X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Norway ($X) constitutes the largest market for imported manganese ores and concentrates in Europe, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Norway was relatively modest. In the other countries, the average annual rates were as follows: France (X% per year) and Russia (X% per year).

Import Prices by Country

The import price in Europe stood at $X per ton in 2023, which is down by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2023, import prices failed to regain momentum.

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

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

Source: IndexBox Platform