Molybdenum; Wire Price in Sudan - 2022
Contents:
Molybdenum; Wire Price in Sudan (CIF) - 2022
The average molybdenum; wire import price stood at $25,784 per ton in 2022, rising by 73% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decline. Over the period under review, average import prices hit record highs at $128,625 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -14.8% per year.
Molybdenum; Wire Imports in Sudan
In 2022, purchases abroad of molybdenum; wires decreased by -39.2% to 570 kg, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 776%. As a result, imports reached the peak of 2.7 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, molybdenum; wire imports expanded slightly to $15K in 2022. In general, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 181%. As a result, imports attained the peak of $31K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Molybdenum; Wire in Sudan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.0 | 14.0 | 14.0 | 14.7 | 10.1% |
Saudi Arabia | N/A | 16.8 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 11.0 | 30.9 | 14.0 | 14.7 | 10.1% |
Top Suppliers of Molybdenum; Wire to Sudan in 2022:
- China (570.0 kg)
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