Molybdenum; Wire Price in Belarus - 2022
Contents:
- Molybdenum; Wire Price in Belarus (CIF) - 2022
- Molybdenum; Wire Price in Belarus (FOB) - 2022
- Molybdenum; Wire Imports in Belarus
- Molybdenum; Wire Exports in Belarus
Molybdenum; Wire Price in Belarus (CIF) - 2022
The average molybdenum; wire import price stood at $61,933 per ton in 2022, declining by -8.5% against the previous year. Over the period under review, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 24%. Over the period under review, average import prices hit record highs at $77,052 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($73,106 per ton), while the price for China stood at $58,790 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.9%).
Molybdenum; Wire Price in Belarus (FOB) - 2022
In 2022, the average molybdenum; wire export price amounted to $58,333 per ton, with a decrease of -41.7% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2018 an increase of 33%. As a result, the export price reached the peak level of $206,667 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -7.3% per year.
Molybdenum; Wire Imports in Belarus
In 2022, imports of molybdenum; wires into Belarus soared to 750 kg, growing by 38% compared with the previous year's figure. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 55% against the previous year. As a result, imports attained the peak of 957 kg. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, molybdenum; wire imports surged to $46K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.3% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 40%. As a result, imports reached the peak of $56K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Molybdenum; Wire in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 34.8 | 52.0 | 31.1 | 41.7 | 6.2% |
| Russia | 2.5 | 1.8 | 1.5 | 2.0 | -7.2% |
| Others | 2.9 | 2.4 | 4.1 | 2.7 | -2.4% |
| Total | 40.1 | 56.2 | 36.7 | 46.5 | 5.1% |
Top Suppliers of Molybdenum; Wire to Belarus in 2022:
- China (709.0 kg)
- Russia (28.0 kg)
Molybdenum; Wire Exports in Belarus
In 2022, approx. 12 kg of molybdenum; wires were exported from Belarus; increasing by 1,100% on 2021. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, molybdenum; wire exports skyrocketed to $700 in 2022. In general, exports continue to indicate a significant expansion.
| Export of Molybdenum; Wire in Belarus (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 186 | 1,300 | 100 | 700 | 55.5% |
| Others | 14.0 | N/A | N/A | N/A | 0% |
| Total | 200 | 1,300 | 100 | 700 | 51.8% |
Top Export Markets for Molybdenum; Wire from Belarus in 2022:
- Russia (12.0 kg)
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