Chile - Ferro-Molybdenum - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Chile - Ferro-Molybdenum - Market Analysis, Forecast, Size, Trends And Insights

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Ferro-Molybdenum Price in Chile - 2023

Contents:

  1. Ferro-Molybdenum Price in Chile (FOB) - 2023
  2. Ferro-Molybdenum Price in Chile (CIF) - 2022
  3. Ferro-Molybdenum Exports in Chile
  4. Ferro-Molybdenum Imports in Chile

Ferro-Molybdenum Price in Chile (FOB) - 2023

The average ferro-molybdenum export price stood at $34,707 per ton in July 2023, stabilizing at the previous month. Overall, the export price, however, recorded a modest increase. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 28% month-to-month. Over the period under review, the average export prices hit record highs at $52,687 per ton in March 2023; however, from April 2023 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($37,048 per ton), while the average price for exports to Belgium ($13,784 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Molybdenum Price in Chile (CIF) - 2022

The average ferro-molybdenum import price stood at $31,074 per ton in 2022, growing by 45% against the previous year. In general, the import price posted a notable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 51%. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($35,172 per ton) and Taiwan (Chinese) ($34,418 per ton), while the price for the United Arab Emirates ($27,773 per ton) and Slovakia ($28,207 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Ferro-Molybdenum Exports in Chile

In 2022, ferro-molybdenum exports from Chile contracted to 7.4K tons, with a decrease of -8.7% compared with the previous year. Over the period under review, exports showed a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 46%.

In value terms, ferro-molybdenum exports declined to $256M in 2022. Overall, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 160%. As a result, the exports attained the peak of $280M, and then fell in the following year.

Export of Ferro-Molybdenum in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States89.377.921918928.4%
Canada5.35.617.319.955.4%
Japan20.29.420.317.6-4.5%
Brazil12.74.78.210.2-7.0%
MexicoN/AN/A1.03.8280.0%
ArgentinaN/AN/A0.23.41600.0%
Others30.410.114.612.3-26.0%
Total15810828025617.5%

Top Export Markets for Ferro-Molybdenum from Chile in 2022:

  1. United States (4.8K tons)
  2. Canada (0.7K tons)
  3. Japan (0.7K tons)
  4. Brazil (0.4K tons)
  5. Mexico (0.2K tons)
  6. Argentina (0.1K tons)

Ferro-Molybdenum Imports in Chile

In 2022, approx. 16 tons of ferro-molybdenum were imported into Chile; increasing by 264% compared with the year before. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ferro-molybdenum imports soared to $510K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Ferro-Molybdenum in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/AN/A2740%
United Arab EmiratesN/AN/AN/A73.60%
SlovakiaN/AN/AN/A72.50%
Taiwan (Chinese)N/AN/AN/A58.60%
IndiaN/AN/A3.19.0190.3%
Russia36.3N/AN/AN/A0%
ArmeniaN/AN/A34.6N/A0%
China49.3N/A8.4N/A-58.7%
United Kingdom107N/AN/AN/A0%
OthersN/AN/A50.022.5-55.0%
Total192N/A96.251038.5%

Top Suppliers of Ferro-Molybdenum to Chile in 2022:

  1. South Korea (8.5 tons)
  2. United Arab Emirates (2.6 tons)
  3. Slovakia (2.6 tons)
  4. Taiwan (Chinese) (1.7 tons)
  5. India (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ferro-molybdenum market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24101275 - Ferro-molybdenum

Country coverage:

  • Chile

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Chile
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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