Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Canada - 2024
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Canada (FOB) - 2024
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Canada (CIF) - 2022
- Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Canada
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Canada
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Canada (FOB) - 2024
In December 2023, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $45,928 per ton, jumping by 876% against the previous month. Over the period under review, the export price continues to indicate a buoyant increase. Over the period under review, the average export prices hit record highs at $97,861 per ton in June 2023; however, from July 2023 to December 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From January 2023 to December 2023, the rate of growth in terms of prices for the United States amounted to +8.6% per month.
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Canada (CIF) - 2022
In 2022, the average import price for molybdenum; articles thereof, including waste and scrap amounted to $39,817 per ton, picking up by 3.5% against the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in 2015 when the average import price increased by 32% against the previous year. The import price peaked at $53,187 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 Austria ($76,371 per ton), while the price for Germany ($32,315 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Canada
Exports of molybdenum; articles thereof, including waste and scrap from Canada fell notably to 283 tons in 2022, waning by -30.4% on the year before. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 34%.
In value terms, exports of molybdenum; articles thereof, including waste and scrap fell to $9.9M in 2022. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year.
| Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.7 | 7.5 | 10.2 | 5.4 | -22.7% |
| United Arab Emirates | N/A | N/A | N/A | 1.9 | 0% |
| India | N/A | 0.6 | N/A | 0.8 | 15.5% |
| United Kingdom | N/A | N/A | 1.0 | 0.6 | -40.0% |
| Netherlands | 0.2 | N/A | N/A | 0.5 | 35.7% |
| France | N/A | N/A | N/A | 0.5 | 0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 12.1 | 8.2 | 11.3 | 9.9 | -6.5% |
Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from Canada in 2022:
- United States (176.7 tons)
- United Arab Emirates (42.5 tons)
- Taiwan (Chinese) (22.8 tons)
- United Kingdom (13.7 tons)
- Netherlands (11.4 tons)
- France (9.1 tons)
- India (5.0 tons)
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Canada
Imports of molybdenum; articles thereof, including waste and scrap into Canada declined to 238 tons in 2022, with a decrease of -2% on 2021 figures. Over the period under review, imports saw a noticeable decrease. The pace of growth was the most pronounced in 2021 with an increase of 47%.
In value terms, imports of molybdenum; articles thereof, including waste and scrap reached $9.5M in 2022. In general, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.3% 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 +57.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 55%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.2 | 3.0 | 4.8 | 5.5 | 19.8% |
| China | 3.2 | 2.4 | 2.8 | 3.0 | -2.1% |
| Austria | 0.8 | 0.5 | 0.3 | 0.5 | -14.5% |
| Sweden | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Germany | 0.1 | N/A | 0.6 | 0.3 | 44.2% |
| Hong Kong SAR | 1.6 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 0.6 | N/A | 0% |
| Others | 0.4 | 0.1 | 0.1 | N/A | -50.0% |
| Total | 9.1 | 6.0 | 9.4 | 9.5 | 1.4% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to Canada in 2022:
- United States (133.9 tons)
- China (82.7 tons)
- Germany (8.8 tons)
- Sweden (6.6 tons)
- Austria (6.0 tons)
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