South Africa - Ferro-Molybdenum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Molybdenum Price in South Africa - 2023
Contents:
- Ferro-Molybdenum Price in South Africa (CIF) - 2022
- Ferro-Molybdenum Price in South Africa (FOB) - 2022
- Ferro-Molybdenum Imports in South Africa
- Ferro-Molybdenum Exports in South Africa
Ferro-Molybdenum Price in South Africa (CIF) - 2022
The average ferro-molybdenum import price stood at $29,534 per ton in 2022, rising by 66% against the previous year. In general, the import price enjoyed noticeable growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Chile ($42,016 per ton), while the price for China ($25,850 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Armenia (+44.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Molybdenum Price in South Africa (FOB) - 2022
In 2022, the average ferro-molybdenum export price amounted to $19,002 per ton, flattening at the previous year. Overall, the export price recorded a measured expansion. The most prominent rate of growth was recorded in 2015 an increase of 178%. The export price peaked at $19,816 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($21,585 per ton) and Zimbabwe ($15,416 per ton), while the average price for exports to Germany ($14,505 per ton) and Egypt ($14,676 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 Zambia (+62.5%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Molybdenum Imports in South Africa
In 2022, approx. 516 tons of ferro-molybdenum were imported into South Africa; increasing by 22% against 2021. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 $15M in 2022. In general, imports showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ferro-Molybdenum in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.2 | 0.3 | 0.8 | 4.4 | 180.2% |
| Belgium | 2.8 | 1.4 | 1.3 | 3.6 | 8.7% |
| Germany | 0.4 | 1.0 | 1.6 | 2.1 | 73.8% |
| China | 3.3 | 2.0 | 0.9 | 1.5 | -23.1% |
| Brazil | N/A | N/A | N/A | 1.2 | 0% |
| United Kingdom | 1.2 | 0.1 | 0.4 | 0.9 | -9.1% |
| Armenia | N/A | 0.2 | N/A | 0.7 | 87.1% |
| Netherlands | 1.1 | 0.3 | 1.7 | 0.3 | -35.2% |
| Chile | N/A | N/A | 0.6 | 0.1 | -83.3% |
| Russia | 0.7 | N/A | 0.1 | N/A | -62.2% |
| Others | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Total | 9.7 | 5.4 | 7.5 | 15.2 | 16.2% |
Top Suppliers of Ferro-Molybdenum to South Africa in 2022:
- South Korea (137.9 tons)
- Belgium (124.9 tons)
- Germany (72.8 tons)
- China (59.8 tons)
- Brazil (41.8 tons)
- United Kingdom (28.2 tons)
- Armenia (23.1 tons)
- Netherlands (10.5 tons)
- Chile (2.1 tons)
Ferro-Molybdenum Exports in South Africa
In 2022, approx. 186 tons of ferro-molybdenum were exported from South Africa; with an increase of 72% on the year before. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 210% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, ferro-molybdenum exports skyrocketed to $3.5M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 298%.
| Export of Ferro-Molybdenum in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 262 | N/A | 2,515 | 209.8% |
| Germany | 885 | 27.6 | 1,776 | 695 | -7.7% |
| Egypt | N/A | N/A | N/A | 151 | 0% |
| Zimbabwe | 8.7 | 12.1 | 7.5 | 97.5 | 123.8% |
| France | 278 | N/A | N/A | N/A | 0% |
| Indonesia | 2,004 | N/A | N/A | N/A | 0% |
| Others | 412 | 214 | 268 | 73.3 | -43.8% |
| Total | 3,587 | 515 | 2,051 | 3,532 | -0.5% |
Top Export Markets for Ferro-Molybdenum from South Africa in 2022:
- India (116.5 tons)
- Germany (47.9 tons)
- Egypt (10.3 tons)
- Zimbabwe (6.3 tons)
This report provides an in-depth analysis of the ferro-molybdenum market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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