Molybdenum; Wire Price in Spain - 2023

Contents:

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

Molybdenum; Wire Price in Spain (CIF) - 2022

The average molybdenum; wire import price stood at $47,653 per ton in 2022, shrinking by -7.6% against the previous year. Over the period under review, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $92,929 per ton in 2016; however, from 2017 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 Germany ($63,888 per ton), while the price for the Netherlands ($42,134 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.3%), while the prices for the other major suppliers experienced a decline.

Molybdenum; Wire Price in Spain (FOB) - 2022

The average molybdenum; wire export price stood at $28,069 per ton in 2022, reducing by -40.4% against the previous year. In general, the export price showed a perceptible contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 104% against the previous year. Over the period under review, the average export prices attained the peak figure at $47,079 per ton in 2021, and then dropped notably in the following year.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Algeria amounted to -8.4% per year.

Molybdenum; Wire Imports in Spain

In 2022, overseas purchases of molybdenum; wires were finally on the rise to reach 611 kg after two years of decline. In general, imports, however, showed a sharp downturn.

In value terms, molybdenum; wire imports skyrocketed to $29K in 2022. Over the period under review, imports, however, saw a dramatic downturn.

Import of Molybdenum; Wire in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands16.93.72.414.5-5.0%
Poland13.722.85.513.3-1.0%
Germany55.817.32.41.0-73.8%
Others0.50.73.30.3-15.7%
Total86.944.513.729.1-30.6%

Top Suppliers of Molybdenum; Wire to Spain in 2022:

  1. Netherlands (345.0 kg)
  2. Poland (248.0 kg)
  3. Germany (15.0 kg)

Molybdenum; Wire Exports in Spain

In 2022, approx. 608 kg of molybdenum; wires were exported from Spain; rising by 502% against the year before. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,663%. As a result, the exports attained the peak of 723 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, molybdenum; wire exports skyrocketed to $17K in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,994% against the previous year. As a result, the exports attained the peak of $29K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Molybdenum; Wire in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A17.10%
Cyprus1.3N/AN/AN/A0%
France0.11.64.8N/A592.8%
IndiaN/A27.7N/AN/A0%
OthersN/A0.1N/AN/A0%
Total1.429.44.817.1130.3%

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

  1. Netherlands (608.0 kg)

Source: IndexBox Market Intelligence Platform

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