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

Contents:

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

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

The average import price for molybdenum; articles thereof, including waste and scrap stood at $11,864 per ton in 2022, which is down by -89.9% against the previous year. Over the period under review, the import price faced a dramatic slump. The most prominent rate of growth was recorded in 2017 an increase of 39% against the previous year. The import price peaked at $222,952 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($228,982 per ton), while the price for Slovenia ($114 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $129,905 per ton, jumping by 38% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of 169%. As a result, the export price reached the peak level of $210,938 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($223,250 per ton), while the average price for exports to Switzerland ($106,729 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 the UK (+54.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 108 tons of molybdenum; articles thereof, including waste and scrap were imported into Hungary; growing by 321% compared with the previous year's figure. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of molybdenum; articles thereof, including waste and scrap shrank dramatically to $1.3M in 2022. In general, imports, however, saw a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2,1321,6171,931521-37.5%
China3966287884534.6%
France39.044.670.292.733.5%
SloveniaN/AN/AN/A11.20%
Others555214249209-27.8%
Total3,1232,5043,0391,287-25.6%

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

  1. Slovenia (98.4 tons)
  2. China (5.4 tons)
  3. Austria (2.3 tons)
  4. France (1.8 tons)

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

In 2022, the amount of molybdenum; articles thereof, including waste and scrap exported from Hungary reduced slightly to 640 kg, standing approx. at 2021. Overall, exports faced a dramatic slump.

In value terms, exports of molybdenum; articles thereof, including waste and scrap surged to $83K in 2022. Over the period under review, exports showed a sharp downturn.

Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A57.80%
Slovakia1.060.4N/A15.6149.9%
South Korea13.312.333.54.7-29.3%
Tunisia20.316.616.32.7-49.0%
Germany150N/AN/AN/A0%
Austria171N/AN/AN/A0%
Egypt16.38.88.9N/A-26.1%
Czech RepublicN/A89.7N/AN/A0%
Others1.22.92.42.324.2%
Total37319161.083.1-39.4%

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

  1. Switzerland (542.0 kg)
  2. Slovakia (71.0 kg)
  3. Tunisia (12.0 kg)
  4. South Korea (2.0 kg)

Source: IndexBox Market Intelligence Platform

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