Molybdenum; Wire Price in Malaysia - 2021
Contents:
- Molybdenum; Wire Price in Malaysia (FOB) - 2021
- Molybdenum; Wire Price in Malaysia (CIF) - 2022
- Molybdenum; Wire Exports in Malaysia
- Molybdenum; Wire Imports in Malaysia
Molybdenum; Wire Price in Malaysia (FOB) - 2021
The average molybdenum; wire export price stood at $1,623 per ton in December 2021, with a decrease of -38.8% against the previous month. Overall, the export price, however, posted buoyant growth. The pace of growth appeared the most rapid in July 2021 when the average export price increased by 168% against the previous month. The export price peaked at $4,021 per ton in August 2021; however, from September 2021 to December 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was the Philippines ($4,301 per ton), while the average price for exports to Pakistan ($776 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Molybdenum; Wire Price in Malaysia (CIF) - 2022
The average molybdenum; wire import price stood at $20,486 per ton in 2022, rising by 7.1% against the previous year. In general, the import price saw a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 58%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($22,523 per ton), while the price for Japan amounted to $15,932 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Molybdenum; Wire Exports in Malaysia
In 2022, shipments abroad of molybdenum; wires was finally on the rise to reach 23 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a precipitous slump.
In value terms, molybdenum; wire exports fell modestly to $1.6M in 2022. In general, exports, however, recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1.2% against the previous year.
| Export of Molybdenum; Wire in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 476 | 1,153 | 1,319 | 678.1% |
| India | 4,543 | 745 | 13.4 | 224 | -63.3% |
| Pakistan | 83.0 | 236 | 63.6 | 72.8 | -4.3% |
| Others | 111 | 155 | 400 | 5.4 | -63.5% |
| Total | 4,739 | 1,612 | 1,630 | 1,621 | -30.1% |
Top Export Markets for Molybdenum; Wire from Malaysia in 2022:
- India (13.6 tons)
- China (7.2 tons)
- Pakistan (2.6 tons)
Molybdenum; Wire Imports in Malaysia
Molybdenum; wire imports into Malaysia dropped markedly to 36 tons in 2022, reducing by -20.5% compared with the previous year. Overall, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year.
In value terms, molybdenum; wire imports reduced to $737K in 2022. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year.
| Import of Molybdenum; Wire in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 337 | 572 | 758 | 554 | 18.0% |
| Japan | 632 | 6.2 | 101 | 177 | -34.6% |
| Others | 19.6 | 30.2 | 5.5 | 5.1 | -36.2% |
| Total | 988 | 608 | 865 | 737 | -9.3% |
Top Suppliers of Molybdenum; Wire to Malaysia in 2022:
- China (24.6 tons)
- Japan (11.1 tons)
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