Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in China - 2024

Contents:

  1. Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in China (FOB) - 2022
  2. Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in China (CIF) - 2022
  3. Exports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in China
  4. Imports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in China

Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in China (FOB) - 2022

The average export price for molybdenum; articles thereof, including waste and scrap, powderses stood at $51,633 per ton in 2022, jumping by 22% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for molybdenum; articles thereof, including waste and scrap, powderses increased by +69.6% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 39%. The export price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($54,009 per ton) and South Korea ($51,708 per ton), while the average price for exports to Japan ($50,976 per ton) and Russia ($51,235 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in China (CIF) - 2022

In 2022, the average import price for molybdenum; articles thereof, including waste and scrap, powderses amounted to $52,361 per ton, falling by -18% against the previous year. In general, the import price showed a mild setback. The pace of growth was the most pronounced in 2021 an increase of 38%. As a result, import price reached the peak level of $63,883 per ton, and then fell remarkably in the following year.

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 Taiwan (Chinese) ($220,000 per ton), while the price for Italy ($31,764 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in China

In 2022, the amount of molybdenum; articles thereof, including waste and scrap, powderses exported from China reached 455 tons, with an increase of 2.7% against the previous year. The total export volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of molybdenum; articles thereof, including waste and scrap, powderses skyrocketed to $24M in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 64% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan8.16.311.715.624.4%
South Korea2.42.53.33.07.7%
RussiaN/AN/A0.12.42300.0%
United States1.10.91.01.510.9%
Netherlands0.31.22.2N/A170.8%
Others0.50.50.51.026.0%
Total12.511.518.823.523.4%

Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders from China in 2022:

  1. Japan (305.1 tons)
  2. South Korea (58.6 tons)
  3. Russia (46.6 tons)
  4. United States (28.5 tons)

Imports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in China

After two years of decline, supplies from abroad of molybdenum; articles thereof, including waste and scrap, powderses increased by 178% to 14 tons in 2022. Over the period under review, imports, however, recorded a dramatic curtailment.

In value terms, imports of molybdenum; articles thereof, including waste and scrap, powderses surged to $752K in 2022. Overall, imports, however, faced a significant decline.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan75.271.795.811314.5%
ItalyN/AN/A10.846.7332.4%
South Korea80.272.00.526.1-31.2%
Taiwan (Chinese)2.2N/A8.022.0115.4%
Germany1,8741,11614115.8-79.6%
United States34.854.365.313.8-26.5%
Austria229N/AN/A9.7-65.1%
Belgium425N/AN/AN/A0%
Others25.32.38.8505171.3%
Total2,7461,316330752-35.1%

Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders to China in 2022:

  1. Japan (1.9 tons)
  2. Italy (1.5 tons)
  3. South Korea (0.3 tons)
  4. Austria (0.2 tons)
  5. Germany (0.2 tons)
  6. Taiwan (Chinese) (0.1 tons)
  7. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

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