Molybdenum; Wire Price in Japan - 2023
Contents:
- Molybdenum; Wire Price in Japan (CIF) - 2023
- Molybdenum; Wire Price in Japan (FOB) - 2022
- Molybdenum; Wire Imports in Japan
- Molybdenum; Wire Exports in Japan
Molybdenum; Wire Price in Japan (CIF) - 2023
The average molybdenum; wire import price stood at $114K per ton in September 2023, flattening at the previous month. In general, import price indicated a temperate increase from September 2022 to September 2023: its price increased at an average monthly rate of +3.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, molybdenum; wire import price decreased by -18.7% against May 2023 indices. The growth pace was the most rapid in May 2023 when the average import price increased by 51% against the previous month. As a result, import price attained the peak level of $140K per ton. From June 2023 to September 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was India ($136K per ton), while the price for Austria ($95,899 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Molybdenum; Wire Price in Japan (FOB) - 2022
The average molybdenum; wire export price stood at $445,431 per ton in 2022, with a decrease of -1.6% against the previous year. Overall, the export price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 110% against the previous year. Over the period under review, the average export prices reached the peak figure at $452,460 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($998,692 per ton), while the average price for exports to Taiwan (Chinese) ($132,399 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 South Korea (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Molybdenum; Wire Imports in Japan
Molybdenum; wire imports into Japan contracted to 19 tons in 2022, waning by -10.4% on the year before. In general, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.2% against the previous year.
In value terms, molybdenum; wire imports expanded rapidly to $1.8M in 2022. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year.
| Import of Molybdenum; Wire in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 686 | 664 | 763 | 1,008 | 13.7% |
| China | 1,640 | 660 | 770 | 635 | -27.1% |
| India | 2.0 | 26.7 | 24.6 | 62.5 | 215.0% |
| Others | 86.7 | N/A | 11.6 | 62.1 | -10.5% |
| Total | 2,415 | 1,350 | 1,569 | 1,768 | -9.9% |
Top Suppliers of Molybdenum; Wire to Japan in 2022:
- Austria (11.3 tons)
- China (7.1 tons)
- India (0.4 tons)
Molybdenum; Wire Exports in Japan
In 2022, exports of molybdenum; wires from Japan shrank markedly to 375 kg, falling by -34.7% on the previous year. Overall, exports recorded a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 109% against the previous year.
In value terms, molybdenum; wire exports fell rapidly to $167K in 2022. Over the period under review, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 155%.
| Export of Molybdenum; Wire in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 44.6 | 18.9 | 131 | 67.5 | 14.8% |
| United States | 131 | 10.2 | 49.0 | 45.9 | -29.5% |
| Thailand | 42.8 | 12.7 | 32.6 | 17.3 | -26.1% |
| Germany | 23.6 | 45.1 | 33.2 | 16.2 | -11.8% |
| South Korea | 17.2 | 3.3 | 4.9 | 10.8 | -14.4% |
| Taiwan (Chinese) | N/A | N/A | N/A | 5.2 | 0% |
| Belgium | N/A | N/A | N/A | 4.2 | 0% |
| China | 28.9 | N/A | 5.6 | N/A | -56.0% |
| Others | N/A | 11.6 | 3.1 | N/A | -73.3% |
| Total | 288 | 102 | 260 | 167 | -16.6% |
Top Export Markets for Molybdenum; Wire from Japan in 2022:
- Slovakia (147.0 kg)
- Germany (50.0 kg)
- Thailand (47.0 kg)
- United States (46.0 kg)
- Taiwan (Chinese) (39.0 kg)
- South Korea (36.0 kg)
- Belgium (10.0 kg)
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