Molybdenum; Wire Price in Russia - 2022

Contents:

  1. Molybdenum; Wire Price in Russia (CIF) - 2022
  2. Molybdenum; Wire Price in Russia (FOB) - 2022
  3. Molybdenum; Wire Imports in Russia
  4. Molybdenum; Wire Exports in Russia

Molybdenum; Wire Price in Russia (CIF) - 2022

In 2022, the average molybdenum; wire import price amounted to $60,076 per ton, reducing by -5.8% against the previous year. In general, the import price showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 14% against the previous year. The import price peaked at $73,062 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($98,596 per ton), while the price for South Korea ($8,129 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Molybdenum; Wire Price in Russia (FOB) - 2022

In 2022, the average molybdenum; wire export price amounted to $59,071 per ton, dropping by -17.5% against the previous year. Overall, the export price saw a noticeable setback. The growth pace was the most rapid in 2015 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices hit record highs at $166,632 per ton in 2016; however, from 2017 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 Kyrgyzstan ($224,009 per ton), while the average price for exports to Kazakhstan ($24,743 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 Kyrgyzstan (-0.8%), while the prices for the other major destinations experienced a decline.

Molybdenum; Wire Imports in Russia

After three years of growth, supplies from abroad of molybdenum; wires decreased by -11.8% to 18 tons in 2022. The total import volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports attained the peak of 20 tons, and then shrank in the following year.

In value terms, molybdenum; wire imports fell markedly to $1.1M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of $1.3M, and then fell dramatically in the following year.

Import of Molybdenum; Wire in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5417381,15481214.5%
Poland210N/AN/A116-17.9%
Austria28.187.111181.142.4%
South Korea5.44.4N/A3.6-12.6%
Others92.828.228.463.2-12.0%
Total8778581,2931,0767.1%

Top Suppliers of Molybdenum; Wire to Russia in 2022:

  1. China (14.7 tons)
  2. Poland (1.2 tons)
  3. Austria (0.8 tons)
  4. South Korea (0.4 tons)

Molybdenum; Wire Exports in Russia

In 2022, after three years of growth, there was significant decline in shipments abroad of molybdenum; wires, when their volume decreased by -14.3% to 168 kg. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 165% against the previous year. As a result, the exports attained the peak of 196 kg, and then contracted in the following year.

In value terms, molybdenum; wire exports declined significantly to $9.9K in 2022. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 144% against the previous year. As a result, the exports attained the peak of $14K, and then reduced notably in the following year.

Export of Molybdenum; Wire in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AzerbaijanN/AN/A8.87.8-11.4%
Vietnam0.8N/AN/A1.07.7%
Ukraine0.20.91.80.426.0%
Belarus0.42.80.50.40.0%
Kazakhstan0.11.50.90.226.0%
Kyrgyzstan2.0N/A0.70.1-63.2%
GermanyN/AN/A0.7N/A0%
Czech RepublicN/A0.50.7N/A40.0%
OthersN/AN/AN/AN/A0%
Total3.55.714.09.941.4%

Top Export Markets for Molybdenum; Wire from Russia in 2022:

  1. Azerbaijan (138.0 kg)
  2. Kazakhstan (9.0 kg)
  3. Vietnam (8.0 kg)
  4. Belarus (7.0 kg)
  5. Ukraine (5.0 kg)

Source: IndexBox Market Intelligence Platform

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