Molybdenum; Wire Price in Chile - 2023

Contents:

  1. Molybdenum; Wire Price in Chile (CIF) - 2022
  2. Molybdenum; Wire Price in Chile (FOB) - 2022
  3. Molybdenum; Wire Imports in Chile
  4. Molybdenum; Wire Exports in Chile

Molybdenum; Wire Price in Chile (CIF) - 2022

The average molybdenum; wire import price stood at $17,749 per ton in 2022, shrinking by -36.5% against the previous year. Over the period under review, the import price showed a noticeable reduction. The pace of growth appeared the most rapid in 2019 an increase of 60%. As a result, import price reached the peak level of $49,202 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($76,558 per ton), while the price for China amounted to $16,961 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+193.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Molybdenum; Wire Price in Chile (FOB) - 2022

In 2022, the average molybdenum; wire export price amounted to $110,554 per ton, approximately mirroring the previous year. In general, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2021 a decrease of 99.9% against the previous year. The export price peaked at $126,526 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 Peru.

From 2020 to 2022, the rate of growth in terms of prices for Peru amounted to -12.5% per year.

Molybdenum; Wire Imports in Chile

Molybdenum; wire imports into Chile surged to 471 kg in 2022, increasing by 56% on the previous year's figure. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 459% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, molybdenum; wire imports shrank modestly to $8.4K in 2022. In general, imports recorded mild growth. The growth pace was the most rapid in 2021 when imports increased by 275% against the previous year. As a result, imports reached the peak of $8.4K, leveling off in the following year.

Import of Molybdenum; Wire in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.81.25.37.963.7%
United States4.40.80.20.5-51.6%
United KingdomN/AN/A2.0N/A0%
Brazil1.20.10.7N/A-23.6%
Others0.70.20.2N/A-46.5%
Total8.12.28.48.41.2%

Top Suppliers of Molybdenum; Wire to Chile in 2022:

  1. China (465.0 kg)
  2. United States (6.0 kg)

Molybdenum; Wire Exports in Chile

In 2022, approx. 8 kg of molybdenum; wires were exported from Chile; leveling off at the previous year. Over the period under review, exports showed a significant curtailment. The smallest decline of 99.9% was in 2021.

In value terms, molybdenum; wire exports amounted to $902 in 2022. In general, exports saw a dramatic decline. The smallest decline of 99.9% was in 2021.

Export of Molybdenum; Wire in Chile (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Peru0.4N/A0.950.0%
Bolivia2.0N/AN/A0%
OthersN/AN/AN/A0%
Total2.4N/A0.9-38.8%

Top Export Markets for Molybdenum; Wire from Chile in 2022:

  1. Peru (8.0 kg)

Source: IndexBox Market Intelligence Platform

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