Molybdenum; Wire Price in Argentina - 2023
Contents:
- Molybdenum; Wire Price in Argentina (CIF) - 2022
- Molybdenum; Wire Price in Argentina (FOB) - 2022
- Molybdenum; Wire Imports in Argentina
- Molybdenum; Wire Exports in Argentina
Molybdenum; Wire Price in Argentina (CIF) - 2022
In 2022, the average molybdenum; wire import price amounted to $82,568 per ton, rising by 9.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 16% against the previous year. The import price peaked at $85,223 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 the UK ($179,876 per ton), while the price for China ($45,667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced a decline.
Molybdenum; Wire Price in Argentina (FOB) - 2022
In 2022, the average molybdenum; wire export price amounted to $80,559 per ton, reducing by -40.7% against the previous year. In general, the export price, however, recorded measured growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices reached the peak figure at $138,050 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +2.2% per year.
Molybdenum; Wire Imports in Argentina
In 2022, imports of molybdenum; wires into Argentina soared to 23 tons, picking up by 349% compared with 2021. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 388% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, molybdenum; wire imports surged to $1.9M in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 468% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Molybdenum; Wire in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 578 | 31.8 | 317 | 1,501 | 37.5% |
| United Kingdom | 44.3 | 29.2 | 57.9 | 327 | 94.7% |
| China | 3.8 | 2.4 | 6.9 | 32.6 | 104.7% |
| Others | 8.9 | 5.4 | 8.8 | 63.8 | 92.8% |
| Total | 635 | 68.8 | 391 | 1,925 | 44.7% |
Top Suppliers of Molybdenum; Wire to Argentina in 2022:
- Austria (20.4 tons)
- United Kingdom (1.8 tons)
- China (0.7 tons)
Molybdenum; Wire Exports in Argentina
In 2022, the amount of molybdenum; wires exported from Argentina skyrocketed to 34 kg, jumping by 70% on the previous year. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, molybdenum; wire exports totaled $2.7K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.
| Export of Molybdenum; Wire in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 0.2 | 2.8 | 2.7 | 2.7 | 138.1% |
| Germany | 2.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.8 | 2.8 | 2.7 | 2.7 | -1.2% |
Top Export Markets for Molybdenum; Wire from Argentina in 2022:
- Chile (34.0 kg)
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