Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Colombia - 2022

Contents:

  1. Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Colombia (CIF) - 2022
  2. Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Colombia

Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Colombia (CIF) - 2022

In 2022, the average import price for molybdenum; articles thereof, including waste and scrap amounted to $117,540 per ton, with an increase of 64% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +9.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for molybdenum; articles thereof, including waste and scrap increased by +97.3% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 86%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($249,731 per ton), while the price for China ($69,145 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Colombia

In 2022, supplies from abroad of molybdenum; articles thereof, including waste and scrap decreased by -58.3% to 454 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 145% against the previous year. As a result, imports attained the peak of 1.5 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of molybdenum; articles thereof, including waste and scrap fell sharply to $53K in 2022. Overall, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 97%. As a result, imports reached the peak of $88K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14.34.210.729.727.6%
China18.97.240.620.01.9%
Germany5.22.318.23.6-11.5%
Italy6.06.17.0N/A8.0%
Saudi ArabiaN/A67.1N/AN/A0%
Others0.41.21.60.1-37.0%
Total44.788.178.153.46.1%

Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to Colombia in 2022:

  1. China (289.0 kg)
  2. United States (119.0 kg)
  3. Germany (45.0 kg)

Source: IndexBox Market Intelligence Platform

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