Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Belarus - 2022

Contents:

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

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

In 2022, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $31,670 per ton, with an increase of 77% against the previous year. In general, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Latvia.

From 2013 to 2022, the rate of growth in terms of prices for Lithuania amounted to -0.2% per year.

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

In 2022, the average import price for molybdenum; articles thereof, including waste and scrap amounted to $56,434 per ton, surging by 43% against the previous year. In general, the import price, however, recorded a deep reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $137,750 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($484,809 per ton), while the price for Austria ($35,020 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+99.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 77 tons of molybdenum; articles thereof, including waste and scrap were exported from Belarus; approximately equating the year before. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 850% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of molybdenum; articles thereof, including waste and scrap soared to $2.4M in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 786%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia0.90.11.02,4381294.0%
RussiaN/A1551,370N/A783.9%
Lithuania127N/AN/AN/A0%
OthersN/AN/A0.2N/A0%
Total1271551,3712,438167.8%

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

  1. Latvia (77.0 tons)

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

For the fourth consecutive year, Belarus recorded growth in overseas purchases of molybdenum; articles thereof, including waste and scrap, which increased by 121% to 62 tons in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 521%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of molybdenum; articles thereof, including waste and scrap surged to $3.5M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 263% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China44.956.343.71,114191.7%
Russia71.645.022.21,066146.0%
United States16.73.642.4999291.1%
Austria8.43.69.1215194.7%
UzbekistanN/A146975N/A567.8%
Others5.248.07.188.0156.7%
Total1473031,0993,482187.2%

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

  1. China (30.6 tons)
  2. Russia (21.3 tons)
  3. Austria (6.1 tons)
  4. United States (2.1 tons)

Source: IndexBox Market Intelligence Platform

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