Molybdenum; Wire Price in Hungary - 2023
Contents:
- Molybdenum; Wire Price in Hungary (CIF) - 2022
- Molybdenum; Wire Price in Hungary (FOB) - 2022
- Molybdenum; Wire Imports in Hungary
- Molybdenum; Wire Exports in Hungary
Molybdenum; Wire Price in Hungary (CIF) - 2022
The average molybdenum; wire import price stood at $84,781 per ton in 2022, falling by -3.4% against the previous year. Overall, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 4.5%. The import price peaked at $131,882 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($138,185 per ton), while the price for China amounted to $64,622 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Molybdenum; Wire Price in Hungary (FOB) - 2022
In 2022, the average molybdenum; wire export price amounted to $141,790 per ton, reducing by -35.2% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 90% against the previous year. As a result, the export price attained the peak level of $236,835 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($319,014 per ton), while the average price for exports to Japan ($113,484 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 Tunisia (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Molybdenum; Wire Imports in Hungary
For the third year in a row, Hungary recorded decline in overseas purchases of molybdenum; wires, which decreased by -73.4% to 3.9 tons in 2022. Over the period under review, imports showed a precipitous descent. The smallest decline of -5.5% was in 2021.
In value terms, molybdenum; wire imports reduced rapidly to $332K in 2022. In general, imports faced a dramatic slump. The smallest decline of -1.2% was in 2021.
| Import of Molybdenum; Wire in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 347 | 459 | 518 | 184 | -19.1% |
| Austria | 1,247 | 809 | 710 | 147 | -51.0% |
| Germany | 99.2 | 32.9 | 64.1 | 0.8 | -79.9% |
| United States | 257 | N/A | N/A | N/A | 0% |
| Others | 6.4 | 6.2 | 0.3 | N/A | -78.3% |
| Total | 1,957 | 1,307 | 1,292 | 332 | -44.6% |
Top Suppliers of Molybdenum; Wire to Hungary in 2022:
- Germany (undefined tons)
- China (2.8 tons)
- Austria (1.1 tons)
Molybdenum; Wire Exports in Hungary
In 2022, overseas shipments of molybdenum; wires increased by 75% to 221 kg for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +2.4% 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 rose remarkably to $31K in 2022. Over the period under review, exports, however, showed a abrupt slump.
| Export of Molybdenum; Wire in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 0.6 | N/A | N/A | 25.4 | 248.5% |
| Tunisia | 20.3 | 16.6 | 16.3 | 4.2 | -40.9% |
| Japan | 0.6 | 1.4 | 2.4 | 1.5 | 35.7% |
| Egypt | 16.3 | 8.8 | 8.9 | N/A | -26.1% |
| Others | 0.1 | 1.4 | N/A | 0.3 | 44.2% |
| Total | 37.7 | 28.2 | 27.6 | 31.4 | -5.9% |
Top Export Markets for Molybdenum; Wire from Hungary in 2022:
- Slovakia (192.0 kg)
- Tunisia (13.0 kg)
- Japan (13.0 kg)
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