Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Estonia - 2023

Contents:

  1. Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Estonia (FOB) - 2022
  2. Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Estonia (CIF) - 2022
  3. Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Estonia
  4. Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Estonia

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

The average export price for molybdenum; articles thereof, including waste and scrap stood at $40,740 per ton in 2022, with an increase of 59% against the previous year. In general, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($46,144 per ton), while the average price for exports to France ($38,237 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for molybdenum; articles thereof, including waste and scrap stood at $35,663 per ton in 2022, increasing by 49% against the previous year. In general, the import price, however, faced a deep setback. The most prominent rate of growth was recorded in 2015 an increase of 1,240% against the previous year. As a result, import price attained the peak level of $196,571 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uzbekistan ($42,255 per ton), while the price for Latvia ($4,724 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Estonia

Exports of molybdenum; articles thereof, including waste and scrap from Estonia shrank dramatically to 244 tons in 2022, which is down by -36.7% compared with 2021 figures. In general, exports showed a precipitous contraction. The smallest decline of -2.8% was in 2020.

In value terms, exports of molybdenum; articles thereof, including waste and scrap reached $9.9M in 2022. Over the period under review, exports showed a abrupt contraction.

Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France9.89.69.25.9-15.6%
Germany1.60.20.62.07.7%
SwedenN/AN/AN/A1.90%
United Kingdom1.50.1N/AN/A-93.3%
Others0.9N/A0.10.1-51.9%
Total13.810.09.99.9-10.5%

Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from Estonia in 2022:

  1. France (154.2 tons)
  2. Sweden (44.0 tons)
  3. Germany (43.0 tons)

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

In 2022, approx. 249 tons of molybdenum; articles thereof, including waste and scrap were imported into Estonia; dropping by -28.2% compared with 2021 figures. Overall, imports showed a precipitous decline. The smallest decline of -17.3% was in 2020.

In value terms, imports of molybdenum; articles thereof, including waste and scrap amounted to $8.9M in 2022. Over the period under review, imports faced a abrupt decrease.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan2.1N/A0.55.941.1%
Russia10.59.97.72.9-34.9%
LatviaN/AN/AN/A0.10%
China3.80.30.2N/A-77.1%
OthersN/AN/AN/AN/A0%
Total16.410.28.38.9-18.4%

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

  1. Uzbekistan (140.1 tons)
  2. Russia (88.1 tons)
  3. Latvia (20.7 tons)

Source: IndexBox Market Intelligence Platform

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