Molybdenum; Wire Price in Colombia - 2022
Contents:
Molybdenum; Wire Price in Colombia (CIF) - 2022
The average molybdenum; wire import price stood at $66,453 per ton in 2022, increasing by 2.1% against the previous year. Overall, the import price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 17%. Over the period under review, average import prices attained the peak figure at $96,779 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.3% per year.
Molybdenum; Wire Imports in Colombia
Molybdenum; wire imports into Colombia expanded rapidly to 684 kg in 2022, with an increase of 6.5% against the previous year's figure. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 208% against the previous year. As a result, imports reached the peak of 726 kg. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, molybdenum; wire imports totaled $45K in 2022. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 206% against the previous year. As a result, imports attained the peak of $49K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Molybdenum; Wire in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.6 | 48.3 | 28.1 | 45.5 | 53.4% |
| Germany | 3.5 | N/A | 12.6 | N/A | 89.7% |
| Others | N/A | 0.9 | 1.0 | N/A | 11.1% |
| Total | 16.0 | 49.1 | 41.8 | 45.5 | 41.7% |
Top Suppliers of Molybdenum; Wire to Colombia in 2022:
- China (684.0 kg)
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