Molybdenum; Wire Price in Indonesia - 2022
Contents:
- Molybdenum; Wire Price in Indonesia (CIF) - 2022
- Molybdenum; Wire Price in Indonesia (FOB) - 2022
- Molybdenum; Wire Imports in Indonesia
- Molybdenum; Wire Exports in Indonesia
Molybdenum; Wire Price in Indonesia (CIF) - 2022
The average molybdenum; wire import price stood at $6,310 per ton in 2022, dropping by -3.6% against the previous year. In general, the import price faced a deep slump. The pace of growth was the most pronounced in 2019 an increase of 41% against the previous year. Over the period under review, average import prices reached the peak figure at $23,749 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 South Korea ($56,279 per ton), while the price for Malaysia ($4,829 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Molybdenum; Wire Price in Indonesia (FOB) - 2022
The average molybdenum; wire export price stood at $13,086 per ton in 2022, dropping by -57.6% against the previous year. In general, the export price showed a slight setback. The pace of growth was the most pronounced in 2016 an increase of 71%. The export price peaked at $37,519 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($213,173 per ton), while the average price for exports to Timor-Leste ($2,196 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 Thailand (+8.3%), while the prices for the other major destinations experienced a decline.
Molybdenum; Wire Imports in Indonesia
In 2022, the amount of molybdenum; wires imported into Indonesia skyrocketed to 16 tons, rising by 44% compared with the previous year. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 391% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, molybdenum; wire imports soared to $99K in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Molybdenum; Wire in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1.3 | 1.4 | 52.3 | 71.7 | 280.6% |
| China | 8.5 | 14.7 | 8.9 | 12.2 | 12.8% |
| Singapore | 2.6 | 3.5 | 0.7 | 1.2 | -22.7% |
| Others | 26.3 | 33.1 | 9.5 | 14.1 | -18.8% |
| Total | 38.8 | 52.7 | 71.4 | 99.1 | 36.7% |
Top Suppliers of Molybdenum; Wire to Indonesia in 2022:
- Singapore (undefined tons)
- Malaysia (14.8 tons)
- China (0.8 tons)
Molybdenum; Wire Exports in Indonesia
Molybdenum; wire exports from Indonesia skyrocketed to 71 kg in 2022, rising by 92% on 2021 figures. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 147% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, molybdenum; wire exports reduced sharply to $933 in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 126%.
| Export of Molybdenum; Wire in Indonesia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 46.0 | 241 | 864 | 534 | 126.4% |
| South Korea | 102 | 439 | 231 | 362 | 52.5% |
| Timor-Leste | 8.0 | 39.0 | 31.0 | 33.0 | 60.4% |
| Singapore | 167 | 7.0 | 7.0 | 4.0 | -71.2% |
| Others | N/A | 4.0 | 3.0 | N/A | -25.0% |
| Total | 323 | 730 | 1,136 | 933 | 42.4% |
Top Export Markets for Molybdenum; Wire from Indonesia in 2022:
- South Korea (53.0 kg)
- Timor-Leste (15.0 kg)
- Thailand (3.0 kg)
- Singapore (1.0 kg)
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