Molybdenum; Wire Price in Estonia - 2023
Contents:
Molybdenum; Wire Price in Estonia (CIF) - 2022
In 2022, the average molybdenum; wire import price amounted to $21,000 per ton, increasing by 91% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 an increase of 999%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2016 to 2022, the rate of growth in terms of prices for China amounted to +62.7% per year.
Molybdenum; Wire Imports in Estonia
In 2022, after two years of growth, there was significant decline in supplies from abroad of molybdenum; wires, when their volume decreased by -98.8% to 1 kg. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 8,300% against the previous year. As a result, imports attained the peak of 84 kg, and then shrank rapidly in the following year.
In value terms, molybdenum; wire imports reduced dramatically to $21 in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 92,200% against the previous year. As a result, imports attained the peak of $923, and then shrank dramatically in the following year.
| Import of Molybdenum; Wire in Estonia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 1.0 | 923 | 21.0 | 358.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 1.0 | 923 | 21.0 | 358.3% | |
Top Suppliers of Molybdenum; Wire to Estonia in 2022:
- China (1.0 kg)
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