Thailand - Ferro-Molybdenum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Molybdenum Price in Thailand - 2023
Contents:
- Ferro-Molybdenum Price in Thailand (CIF) - 2023
- Ferro-Molybdenum Price in Thailand (FOB) - 2023
- Ferro-Molybdenum Imports in Thailand
- Ferro-Molybdenum Exports in Thailand
Ferro-Molybdenum Price in Thailand (CIF) - 2023
The average ferro-molybdenum import price stood at $33,786 per ton in July 2023, declining by -6.6% against the previous month. In general, import price indicated a slight expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, ferro-molybdenum import price decreased by -41.5% against March 2023 indices. The pace of growth was the most pronounced in March 2023 when the average import price increased by 65% month-to-month. As a result, import price reached the peak level of $57,753 per ton. From April 2023 to July 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($37,883 per ton), while the price for India ($31,730 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Molybdenum Price in Thailand (FOB) - 2023
The average ferro-molybdenum export price stood at $33,466 per ton in July 2023, rising by 6.7% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in November 2022 an increase of 17% m-o-m. The export price peaked at $38,399 per ton in March 2023; however, from April 2023 to July 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In July 2023, the country with the highest price was China ($33,550 per ton), while the average price for exports to Taiwan (Chinese) amounted to $32,827 per ton.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Molybdenum Imports in Thailand
In 2022, approx. 257 tons of ferro-molybdenum were imported into Thailand; with a decrease of -22% on 2021 figures. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 59%. As a result, imports reached the peak of 330 tons, and then shrank sharply in the following year.
In value terms, ferro-molybdenum imports reduced slightly to $7.5M in 2022. In general, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 147%. As a result, imports reached the peak of $7.6M, and then shrank in the following year.
| Import of Ferro-Molybdenum in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1.3 | 1.3 | 3.3 | 3.6 | 40.4% |
| Taiwan (Chinese) | 1.1 | 0.9 | 1.6 | 1.9 | 20.0% |
| China | 0.1 | N/A | 2.1 | 1.4 | 141.0% |
| Japan | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| India | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
| Russia | N/A | 0.5 | N/A | N/A | 0% |
| Belgium | 0.4 | N/A | N/A | N/A | 0% |
| Chile | 1.4 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 5.0 | 3.1 | 7.6 | 7.5 | 14.5% |
Top Suppliers of Ferro-Molybdenum to Thailand in 2022:
- South Korea (129.0 tons)
- Taiwan (Chinese) (59.9 tons)
- China (51.3 tons)
- Japan (10.9 tons)
- India (6.3 tons)
Ferro-Molybdenum Exports in Thailand
In 2022, approx. 226 tons of ferro-molybdenum were exported from Thailand; rising by 21,281% on 2021. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-molybdenum exports surged to $6.2M in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ferro-Molybdenum in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 6.1 | 0% |
| India | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | N/A | N/A | 6.2 | 0% |
Top Export Markets for Ferro-Molybdenum from Thailand in 2022:
- China (220.0 tons)
- India (6.0 tons)
This report provides an in-depth analysis of the ferro-molybdenum market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
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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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