Molybdenum; Wire Price in Mexico - 2023
Contents:
- Molybdenum; Wire Price in Mexico (CIF) - 2022
- Molybdenum; Wire Price in Mexico (FOB) - 2022
- Molybdenum; Wire Imports in Mexico
- Molybdenum; Wire Exports in Mexico
Molybdenum; Wire Price in Mexico (CIF) - 2022
In 2022, the average molybdenum; wire import price amounted to $91,980 per ton, shrinking by -35.8% against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 54% against the previous year. The import price peaked at $268,839 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 China ($181,618 per ton), while the price for the United States ($71,351 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced a decline.
Molybdenum; Wire Price in Mexico (FOB) - 2022
In 2022, the average molybdenum; wire export price amounted to $13,492 per ton, shrinking by -40.3% against the previous year. Overall, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of 83% against the previous year. The export price peaked at $146,113 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($130,690 per ton), while the average price for exports to Hungary totaled $12,329 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.3%).
Molybdenum; Wire Imports in Mexico
In 2022, overseas purchases of molybdenum; wires were finally on the rise to reach 2.4 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a perceptible shrinkage.
In value terms, molybdenum; wire imports skyrocketed to $220K in 2022. Over the period under review, imports, however, continue to indicate a dramatic downturn.
| Import of Molybdenum; Wire in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 141 | 82.9 | 25.9 | 126 | -3.7% |
| China | 133 | 39.4 | 18.1 | 56.3 | -24.9% |
| Austria | 89.2 | 50.0 | 21.3 | 37.8 | -24.9% |
| Germany | 93.4 | 27.1 | 14.7 | N/A | -60.3% |
| Others | 5.2 | 5.1 | 20.6 | N/A | 99.0% |
| Total | 462 | 204 | 101 | 220 | -21.9% |
Top Suppliers of Molybdenum; Wire to Mexico in 2022:
- United States (1768.0 kg)
- Austria (317.0 kg)
- China (310.0 kg)
Molybdenum; Wire Exports in Mexico
For the fourth consecutive year, Mexico recorded growth in shipments abroad of molybdenum; wires, which increased by 151% to 5.7 tons in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,596%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, molybdenum; wire exports skyrocketed to $78K in 2022. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 2,361%. As a result, the exports reached the peak of $103K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Molybdenum; Wire in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 3.2 | 40.7 | 45.5 | 70.1 | 179.8% |
| Saudi Arabia | N/A | 55.2 | N/A | N/A | 0% |
| Others | 1.0 | 7.4 | 6.3 | 7.4 | 94.9% |
| Total | 4.2 | 103 | 51.8 | 77.6 | 164.4% |
Top Export Markets for Molybdenum; Wire from Mexico in 2022:
- Hungary (5.7 tons)
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