Molybdenum; Wire Price in Latvia - 2023
Contents:
- Molybdenum; Wire Price in Latvia (CIF) - 2022
- Molybdenum; Wire Price in Latvia (FOB) - 2022
- Molybdenum; Wire Imports in Latvia
- Molybdenum; Wire Exports in Latvia
Molybdenum; Wire Price in Latvia (CIF) - 2022
The average molybdenum; wire import price stood at $112,385 per ton in 2022, jumping by 25% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 28%. The import price peaked at $421,600 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($113,667 per ton), while the price for Ukraine amounted to $97,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+79.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Molybdenum; Wire Price in Latvia (FOB) - 2022
The average molybdenum; wire export price stood at $113,583 per ton in 2022, increasing by 27% against the previous year. Over the last one-year period, it increased at an average annual rate of +26.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +26.6% per year.
Molybdenum; Wire Imports in Latvia
In 2022, the amount of molybdenum; wires imported into Latvia surged to 13 kg, jumping by 63% compared with the previous year's figure. Over the period under review, imports continue to indicate a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, molybdenum; wire imports surged to $1.5K in 2022. In general, imports, however, showed a noticeable decrease.
| Import of Molybdenum; Wire in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 214 | N/A | 718 | 1,364 | 85.4% |
| Ukraine | N/A | N/A | N/A | 97.0 | 0% |
| China | 1,467 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,681 | N/A | 718 | 1,461 | -4.6% |
Top Suppliers of Molybdenum; Wire to Latvia in 2022:
- Russia (12.0 kg)
- Ukraine (1.0 kg)
Molybdenum; Wire Exports in Latvia
In 2022, the amount of molybdenum; wires exported from Latvia skyrocketed to 12 kg, rising by 50% against 2021 figures. In general, total exports indicated significant growth from 2021 to 2022: its volume increased at an average annual rate of +50.0% over the last one 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 soared to $1.4K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Molybdenum; Wire in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Netherlands | 0.7 | 1.4 | 100.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 0.7 | 1.4 | 100.0% | ||
Top Export Markets for Molybdenum; Wire from Latvia in 2022:
- Netherlands (12.0 kg)
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