Molybdenum; Wire Price in China - 2023
Contents:
- Molybdenum; Wire Price in China (FOB) - 2023
- Molybdenum; Wire Price in China (CIF) - 2023
- Molybdenum; Wire Exports in China
- Molybdenum; Wire Imports in China
Molybdenum; Wire Price in China (FOB) - 2023
In September 2023, the average molybdenum; wire export price amounted to $86,048 per ton, growing by 14% against the previous month. Overall, export price indicated a moderate increase from September 2022 to September 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, molybdenum; wire export price increased by +14.4% against August 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 25% m-o-m. The export price peaked at $101K per ton in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Kyrgyzstan ($145K per ton), while the average price for exports to Brazil ($55,247 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Molybdenum; Wire Price in China (CIF) - 2023
The average molybdenum; wire import price stood at $201K per ton in September 2023, rising by 2.1% against the previous month. Over the period under review, import price indicated perceptible growth from September 2022 to September 2023: its price increased at an average monthly rate of +3.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, molybdenum; wire import price decreased by -2.4% against April 2023 indices. The pace of growth was the most pronounced in April 2023 an increase of 29% against the previous month. As a result, import price attained the peak level of $206K per ton. From May 2023 to September 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From September 2022 to September 2023, the rate of growth in terms of prices for Austria amounted to +3.8% per month.
Molybdenum; Wire Exports in China
In 2022, approx. 557 tons of molybdenum; wires were exported from China; picking up by 72% on 2021 figures. Over the period under review, exports continue to indicate significant growth. 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 $19M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 32% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Molybdenum; Wire in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.0 | 3.8 | 5.7 | 7.2 | 33.9% |
| South Korea | 3.5 | 3.0 | 3.5 | 3.0 | -5.0% |
| Russia | 0.5 | 0.7 | 1.0 | 1.4 | 40.9% |
| Vietnam | 0.5 | 0.9 | 0.9 | 1.3 | 37.5% |
| United States | 0.5 | 0.5 | 0.8 | 0.9 | 21.6% |
| Germany | 0.5 | 0.8 | 1.0 | 0.9 | 21.6% |
| Poland | 1.7 | 1.1 | 1.1 | 0.7 | -25.6% |
| Japan | 1.5 | 0.6 | 0.7 | 0.7 | -22.4% |
| Brazil | 0.1 | 0.1 | 0.6 | 0.5 | 71.0% |
| Kyrgyzstan | 0.4 | 0.3 | 0.2 | 0.4 | 0.0% |
| Nepal | N/A | N/A | N/A | 0.1 | 0% |
| Others | 1.6 | 1.5 | 2.0 | 2.3 | 12.9% |
| Total | 13.8 | 13.4 | 17.6 | 19.2 | 11.6% |
Top Export Markets for Molybdenum; Wire from China in 2022:
- India (243.5 tons)
- South Korea (86.7 tons)
- Russia (35.7 tons)
- Vietnam (26.6 tons)
- Germany (21.0 tons)
- United States (19.8 tons)
- Nepal (17.8 tons)
- Poland (17.5 tons)
- Japan (14.1 tons)
- Brazil (13.7 tons)
- Kyrgyzstan (8.9 tons)
Molybdenum; Wire Imports in China
In 2022, overseas purchases of molybdenum; wires decreased by -14.5% to 29 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 46%.
In value terms, molybdenum; wire imports totaled $3.9M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.
| Import of Molybdenum; Wire in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 2.0 | 3.0 | 3.2 | 3.7 | 22.8% |
| India | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Total | 2.3 | 3.2 | 3.4 | 3.9 | 19.2% |
Top Suppliers of Molybdenum; Wire to China in 2022:
- Austria (28.1 tons)
- India (0.7 tons)
454
This report provides an in-depth analysis of the molybdenum market in China.
635
This report provides an in-depth analysis of the market for printing and writing paper in China.
496
This report provides an in-depth analysis of the market for raspberry, blackberry, blueberry, and cranberry in China.
56
This report provides an in-depth analysis of the raspberry and blackberry market in China.
531
This report provides an in-depth analysis of the market for coated printing and writing paper in China.
374
This report provides an in-depth analysis of the market for paper and paperboard, excluding newsprint in China.
425
This report provides an in-depth analysis of the graphic papers market in China.
644
This report provides an in-depth analysis of the paper and paperboard market in China.
986
This report provides an in-depth analysis of the global molybdenum market.
2669
This report provides an in-depth analysis of the global market for printing and writing paper.
218
In February 2023, the price of molybdenum was $75,379 per ton (FOB, China), a 24% month-on-month increase.
467
In September 2022, molybdenum export price from China amounted to $44.0 per kg (FOB, China). The exports volume stepped up to 95 tons, with the USA, Netherlands, and India as the main destinations. Read our analysis to get detailed insights on the molybdenum export dynamics from China.
793
In May 2022, the molybdenum price amounted to $47.5 per kg (FOB, China), falling by -5.5% against the previous month.
268
The rate of growth that stood out the most occurred in February 2023, with exports increasing by 8.6% compared to the previous month. In terms of value, exports of Graphic Papers decreased to $269M in June 2023.
193
The Paper and Paperboard exports reached its highest point in November 2023 with a value of $693M.
2184
The global trade in molybdenum amounted to X million USD in 2015, fluctuating wildly over the period under review. A X% drop in 2009 was followed by recovery over the next two years, until exports decreased again, continuing to fall for the remainde
272
In today's globalized world, trade plays a crucial role in the economic development of nations. This article explores the top import markets for printing and writing paper, providing key statistics and highlighting the IndexBox market intelligence platform. The United States, Germany, and France are among the top importers, indicating a significant demand for these products. IndexBox offers valuable market data and analysis to help businesses make informed decisions and capitalize on the growth opportunities in the printing and writing paper industry.
574
After a 13%-decline a year earlier, the global printing and writing paper market picked up 7.7%, reaching $99B in 2021.
1186
Digitalization has put pressure on the world’s trade of printing and writing paper. Over the past decade, global imports of printing and writing paper dropped from 47M tons in 2010 to 31M tons in 2020. In value terms, imports declined to $27.6B. The U.S., Germany and France remain the largest importers of printing and writing paper worldwide. China features as the only county that boosted its paper imports last year. In 2020, the average printing and writing paper import price fell by -3.2% y-o-y to $899 per ton 2020. Germany, Indonesia, Finland and Sweden constitute the largest exporters of printing and writing paper.
765
In 2018, the amount of printing and writing paper produced worldwide amounted to 99.6M tons, a decrease of 2.8% y-o-y.
