Report Update: Apr 1, 2024

Belgium - Molybdenum Ore - Market Analysis, Forecast, Size, Trends And Insights

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Molybdenum Ore Price in Belgium - 2023

Molybdenum Ore Price in Belgium (CIF) - 2022

The average molybdenum ore import price stood at $18,639 per ton in 2022, rising by 39% against the previous year. Over the period under review, the import price enjoyed noticeable growth. The growth pace was the most rapid in 2017 when the average import price increased by 69%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($21,735 per ton), while the price for the United States ($7,845 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Molybdenum Ore Price in Belgium (FOB) - 2022

In 2022, the average molybdenum ore export price amounted to $13,612 per ton, surging by 30% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, molybdenum ore export price increased by +47.5% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 108%. As a result, the export price reached the peak level of $14,080 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($26,245 per ton), while the average price for exports to Brazil ($2,175 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 South Korea (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Molybdenum Ore Imports in Belgium

After three years of growth, supplies from abroad of molybdenum ores decreased by -16.4% to 27K tons in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 118%.

In value terms, molybdenum ore imports soared to $502M in 2022. In general, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 40%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Molybdenum Ore in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	214	166	309	379	21.0%
United States	23.5	133	92.0	36.6	15.9%
Mexico	N/A	N/A	N/A	33.3	0%
Kazakhstan	3.0	4.8	23.3	33.3	123.1%
Georgia	0.6	1.8	2.0	10.6	160.4%
Others	5.4	4.4	6.5	8.8	17.7%
Total	246	310	433	502	26.8%

Top Suppliers of Molybdenum Ore to Belgium in 2022:

Netherlands (17.5K tons)
United States (4.7K tons)
Mexico (1.8K tons)
Kazakhstan (1.8K tons)
Georgia (0.7K tons)

Molybdenum Ore Exports in Belgium

In 2022, the amount of molybdenum ores exported from Belgium reached 14K tons, picking up by 11% against the previous year's figure. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 209%. As a result, the exports reached the peak of 17K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, molybdenum ore exports soared to $191M in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 148% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Molybdenum Ore in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	57.8	40.1	43.2	65.1	4.0%
Austria	0.1	9.1	12.2	26.5	542.3%
Italy	N/A	9.8	0.6	19.3	40.3%
Brazil	1.0	5.2	6.8	10.3	117.6%
South Korea	N/A	36.7	6.5	10.3	-47.0%
Sweden	N/A	6.5	3.7	10.0	24.0%
Germany	3.6	13.1	17.5	9.1	36.2%
Finland	0.1	4.6	2.3	6.9	310.2%
Japan	N/A	9.9	11.6	5.0	-28.9%
India	N/A	0.2	0.1	3.4	312.3%
China	N/A	10.8	13.8	2.9	-48.2%
Vietnam	N/A	0.2	2.3	1.4	164.6%
Others	0.4	10.2	11.5	20.4	270.8%
Total	63.2	157	132	191	44.6%

Top Export Markets for Molybdenum Ore from Belgium in 2022:

Brazil (4.8K tons)
Netherlands (3.3K tons)
Austria (1.1K tons)
Italy (1.0K tons)
India (0.7K tons)
Sweden (0.4K tons)
Vietnam (0.4K tons)
China (0.4K tons)
South Korea (0.4K tons)
Germany (0.4K tons)
Finland (0.3K tons)
Japan (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the molybdenum ore market in Belgium. 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 07291925 -
Prodcom 07291926 -

Country coverage:

Belgium

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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