Salts; Molybdates Price in Russia - 2022

Contents:

  1. Salts; Molybdates Price in Russia (CIF) - 2022
  2. Salts; Molybdates Price in Russia (FOB) - 2022
  3. Salts; Molybdates Imports in Russia
  4. Salts; Molybdates Exports in Russia

Salts; Molybdates Price in Russia (CIF) - 2022

The average salts; molybdates import price stood at $22,709 per ton in January 2022, jumping by 47% against the previous month. Overall, the import price enjoyed a prominent expansion. Over the period under review, average import prices hit record highs at $23,963 per ton in November 2021; however, from December 2021 to January 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($29,470 per ton), while the price for Belarus ($1,108 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Salts; Molybdates Price in Russia (FOB) - 2022

In 2022, the average salts; molybdates export price amounted to $25,457 per ton, waning by -7.2% against the previous year. Over the period under review, the export price showed a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 88% against the previous year. The export price peaked at $35,481 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($26,949 per ton), while the average price for exports to Ukraine totaled $24,404 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+0.1%), while the prices for the other major destinations experienced a decline.

Salts; Molybdates Imports in Russia

In 2022, imports of salts; molybdateses into Russia declined rapidly to 128 tons, falling by -34.2% on the previous year. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 210% against the previous year. As a result, imports reached the peak of 194 tons, and then dropped sharply in the following year.

In value terms, salts; molybdates imports dropped remarkably to $2.1M in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 247%. As a result, imports reached the peak of $3.2M, and then contracted rapidly in the following year.

Import of Salts; Molybdates in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India6976041,4451,91340.0%
Poland26450.51,124119-23.3%
BelarusN/A0.251.610.4621.1%
China157163202N/A13.4%
MexicoN/AN/A146N/A0%
Others37.610623219.9-19.1%
Total1,1569233,2012,06221.3%

Top Suppliers of Salts; Molybdates to Russia in 2022:

  1. India (115.5 tons)
  2. Poland (6.0 tons)
  3. Belarus (5.5 tons)

Salts; Molybdates Exports in Russia

Salts; molybdates exports from Russia contracted to 2.7 tons in 2022, which is down by -5.4% on 2021 figures. In general, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 12%.

In value terms, salts; molybdates exports dropped to $69K in 2022. Over the period under review, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 32%.

Export of Salts; Molybdates in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine0.93.41.938.6250.0%
Kazakhstan26.520.917.330.14.3%
Uzbekistan11.61.826.5N/A51.1%
Belarus16232.530.3N/A-56.8%
Others0.50.52.3N/A114.5%
Total20159.078.268.6-30.1%

Top Export Markets for Salts; Molybdates from Russia in 2022:

  1. Ukraine (1.6 tons)
  2. Kazakhstan (1.1 tons)

Source: IndexBox Market Intelligence Platform

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