Price for Molybdenum; Waste and Scrap in South Korea - 2022
Contents:
- Price for Molybdenum; Waste and Scrap in South Korea (FOB) - 2022
- Price for Molybdenum; Waste and Scrap in South Korea (CIF) - 2022
- Exports of Molybdenum; Waste and Scrap in South Korea
- Imports of Molybdenum; Waste and Scrap in South Korea
Price for Molybdenum; Waste and Scrap in South Korea (FOB) - 2022
In December 2022, the average molybdenum; waste and scrap export price amounted to $45,816 per ton, rising by 20% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In December 2022, the country with the highest price was Japan ($50,290 per ton), while the average price for exports to the UK ($41,122 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Molybdenum; Waste and Scrap in South Korea (CIF) - 2022
The average molybdenum; waste and scrap import price stood at $18,478 per ton in 2022, which is down by -56.4% against the previous year. Over the period under review, the import price, however, showed strong growth. The most prominent rate of growth was recorded in 2013 an increase of 61% against the previous year. The import price peaked at $42,384 per ton in 2021, and then shrank significantly 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 Japan ($60,410 per ton), while the price for Austria ($5,300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+72.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Molybdenum; Waste and Scrap in South Korea
In 2022, the amount of molybdenum; waste and scraps exported from South Korea declined to 198 tons, waning by -10.8% against 2021. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 14%.
In value terms, molybdenum; waste and scrap exports reduced rapidly to $5.6M in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year.
Export of Molybdenum; Waste and Scrap in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 505 | 120 | 1,095 | 1,315 | 37.6% |
Japan | 4,479 | 1,711 | 1,770 | 1,187 | -35.8% |
United States | 1,622 | 643 | 762 | 1,146 | -10.9% |
United Kingdom | 389 | 180 | 948 | 800 | 27.2% |
Netherlands | 121 | 444 | 823 | 390 | 47.7% |
Austria | 817 | 543 | 596 | 331 | -26.0% |
Taiwan (Chinese) | 309 | 219 | 256 | 151 | -21.2% |
Others | 695 | 523 | 559 | 275 | -26.6% |
Total | 8,936 | 4,384 | 6,808 | 5,596 | -14.4% |
Top Export Markets for Molybdenum; Waste and Scrap from South Korea in 2022:
- Hong Kong SAR (48.2 tons)
- Japan (35.1 tons)
- United States (31.7 tons)
- United Kingdom (26.6 tons)
- Netherlands (16.6 tons)
- Taiwan (Chinese) (14.4 tons)
- Austria (13.8 tons)
Imports of Molybdenum; Waste and Scrap in South Korea
In 2022, purchases abroad of molybdenum; waste and scraps was finally on the rise to reach 15 tons after two years of decline. Over the period under review, imports, however, recorded a abrupt downturn.
In value terms, molybdenum; waste and scrap imports surged to $277K in 2022. Overall, imports, however, showed a abrupt slump.
Import of Molybdenum; Waste and Scrap in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 74.9 | 128 | 117 | 119 | 16.7% |
Taiwan (Chinese) | 66.9 | 102 | 74.5 | 76.1 | 4.4% |
Austria | 164 | 16.3 | 5.5 | 42.7 | -36.1% |
United States | 58.1 | 29.9 | 19.5 | 19.8 | -30.2% |
Vietnam | 14.0 | 20.8 | 4.8 | 9.4 | -12.4% |
Japan | 21.4 | 19.0 | 10.7 | 8.1 | -27.7% |
Others | 4.2 | 2.9 | 2.5 | 0.9 | -40.2% |
Total | 403 | 319 | 234 | 277 | -11.7% |
Top Suppliers of Molybdenum; Waste and Scrap to South Korea in 2022:
- Austria (8.1 tons)
- Taiwan (Chinese) (3.3 tons)
- China (2.4 tons)
- United States (0.7 tons)
- Vietnam (0.3 tons)
- Japan (0.1 tons)
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