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

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

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Ferro-Molybdenum Price in Spain - 2023

Contents:

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

Ferro-Molybdenum Price in Spain (CIF) - 2023

The average ferro-molybdenum import price stood at $37,552 per ton in June 2023, picking up by 2.5% against the previous month. Overall, the import price showed a mild increase. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 20% m-o-m. Over the period under review, average import prices hit record highs at $56,379 per ton in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were the Netherlands ($39,915 per ton) and Germany ($37,981 per ton), while the price for Austria ($34,341 per ton) and Belgium ($36,833 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Austria (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Ferro-Molybdenum Price in Spain (FOB) - 2022

The average ferro-molybdenum export price stood at $24,569 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a pronounced descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by 112% against the previous year. The export price peaked at $30,062 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($29,133 per ton), while the average price for exports to the Netherlands ($13,455 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Molybdenum Imports in Spain

In 2022, after two years of decline, there was significant growth in overseas purchases of ferro-molybdenum, when their volume increased by 16% to 3.1K tons. Overall, imports, however, saw a abrupt descent.

In value terms, ferro-molybdenum imports surged to $95M in 2022. In general, imports recorded mild growth. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Ferro-Molybdenum in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom41.319.236.449.36.1%
Netherlands31.38.916.225.8-6.2%
Belgium4.76.43.16.913.7%
South Korea5.32.56.46.78.1%
ArmeniaN/A0.5N/A2.0100.0%
France0.91.50.60.6-12.6%
Others6.21.72.33.2-19.8%
Total89.740.765.094.61.8%

Top Suppliers of Ferro-Molybdenum to Spain in 2022:

  1. United Kingdom (1600.9 tons)
  2. Netherlands (835.3 tons)
  3. South Korea (225.7 tons)
  4. Belgium (211.9 tons)
  5. France (77.4 tons)
  6. Armenia (59.6 tons)

Ferro-Molybdenum Exports in Spain

In 2022, the amount of ferro-molybdenum exported from Spain soared to 32 tons, growing by 49% against 2021 figures. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ferro-molybdenum exports skyrocketed to $775K in 2022. In general, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Ferro-Molybdenum in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal53.655.324032582.4%
Egypt39.124.170.116160.3%
TurkeyN/AN/AN/A1340%
Netherlands0.1N/A0.261.7751.3%
GermanyN/AN/AN/A32.30%
Bulgaria47.411.133.223.5-20.9%
Serbia16.66.210.617.72.2%
Colombia11350.4154N/A16.7%
France38.2N/AN/AN/A0%
Italy14914912.4N/A-71.2%
CanadaN/A58.1N/AN/A0%
Others25.07.5N/A19.4-8.1%
Total48236252177517.2%

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

  1. Portugal (11.2 tons)
  2. Egypt (6.5 tons)
  3. Turkey (6.1 tons)
  4. Netherlands (4.6 tons)
  5. Germany (1.2 tons)
  6. Bulgaria (0.9 tons)
  7. Serbia (0.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ferro-molybdenum market in Spain. 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:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • 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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