Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Bulgaria - 2023
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Bulgaria (CIF) - 2022
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Bulgaria (FOB) - 2023
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Bulgaria
- Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Bulgaria
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Bulgaria (CIF) - 2022
In 2022, the average import price for molybdenum; articles thereof, including waste and scrap amounted to $120,151 per ton, rising by 11% against the previous year. Over the period under review, the import price showed a resilient increase. The growth pace was the most rapid in 2013 when the average import price increased by 57% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Austria.
From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +9.8% per year.
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Bulgaria (FOB) - 2023
In November 2023, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $360K per ton, surging by 52% against the previous month. In general, the export price posted prominent growth. The pace of growth was the most pronounced in January 2023 when the average export price increased by 86% m-o-m. Over the period under review, the average export prices hit record highs in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($414K per ton), while the average price for exports to Japan amounted to $273K per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Bulgaria
In 2022, after three years of growth, there was significant decline in overseas purchases of molybdenum; articles thereof, including waste and scrap, when their volume decreased by -7.3% to 57 tons. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 8.5%. As a result, imports reached the peak of 62 tons, and then reduced in the following year.
In value terms, imports of molybdenum; articles thereof, including waste and scrap stood at $6.9M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.4% 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 +66.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 62%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 4.1 | 4.1 | 6.6 | 6.8 | 18.4% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 4.2 | 4.1 | 6.7 | 6.9 | 18.0% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to Bulgaria in 2022:
- Austria (57.1 tons)
Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Bulgaria
After two years of decline, overseas shipments of molybdenum; articles thereof, including waste and scrap increased by 29% to 122 tons in 2022. In general, exports, however, continue to indicate a mild decline.
In value terms, exports of molybdenum; articles thereof, including waste and scrap surged to $4.3M in 2022. Over the period under review, exports showed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 2.6 | 2.2 | 2.8 | 3.6 | 11.5% |
| Germany | N/A | N/A | N/A | 0.3 | 0% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.4 | 0% |
| Total | 2.6 | 2.3 | 2.9 | 4.3 | 18.3% |
Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from Bulgaria in 2022:
- Austria (77.6 tons)
- Netherlands (31.2 tons)
- Germany (11.5 tons)
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