Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Ireland - 2023
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Ireland (CIF) - 2022
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Ireland (FOB) - 2023
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Ireland
- Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Ireland
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Ireland (CIF) - 2022
The average import price for molybdenum; articles thereof, including waste and scrap stood at $106,502 per ton in 2022, falling by -23.2% against the previous year. Over the period under review, the import price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 149% against the previous year. The import price peaked at $243,122 per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 ($342,671 per ton), while the price for the UK ($20,354 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Ireland (FOB) - 2023
The average export price for molybdenum; articles thereof, including waste and scrap stood at $290K per ton in November 2023, growing by 13% against the previous month. In general, the export price enjoyed a slight expansion. The growth pace was the most rapid in January 2023 an increase of 281% m-o-m. Over the period under review, the average export prices reached the maximum at $387K per ton in February 2023; however, from March 2023 to November 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 South Africa.
From November 2022 to November 2023, the rate of growth in terms of prices for Germany amounted to +2.3% per month.
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Ireland
Imports of molybdenum; articles thereof, including waste and scrap into Ireland soared to 31 tons in 2022, picking up by 20% compared with 2021. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 139% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of molybdenum; articles thereof, including waste and scrap shrank to $3.3M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of $3.6M, and then declined in the following year.
| Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 2,594 | 2,321 | 3,208 | 2,595 | 0.0% |
| United Kingdom | 1.8 | 14.9 | 36.7 | 315 | 459.3% |
| China | 140 | 80.7 | 26.5 | 110 | -7.7% |
| South Africa | 84.6 | 12.4 | 68.8 | 65.5 | -8.2% |
| United States | 38.2 | 29.5 | 48.7 | 54.2 | 12.4% |
| Germany | 51.5 | 150 | 160 | 21.7 | -25.0% |
| Belgium | 123 | 10.0 | 0.1 | N/A | -97.1% |
| Vietnam | N/A | N/A | 6.5 | N/A | 0% |
| Others | 21.9 | 4.1 | 25.6 | 151 | 90.3% |
| Total | 3,055 | 2,622 | 3,581 | 3,312 | 2.7% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to Ireland in 2022:
- United Kingdom (15.5 tons)
- Austria (7.6 tons)
- China (4.6 tons)
- South Africa (1.4 tons)
- United States (1.0 tons)
- Germany (0.3 tons)
Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Ireland
In 2022, the amount of molybdenum; articles thereof, including waste and scrap exported from Ireland dropped significantly to 6.8 tons, with a decrease of -40.2% against 2021 figures. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. As a result, the exports reached the peak of 11 tons, and then dropped remarkably in the following year.
In value terms, exports of molybdenum; articles thereof, including waste and scrap reduced sharply to $1.7M in 2022. Over the period under review, exports recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 36%. As a result, the exports reached the peak of $2.4M, and then dropped notably in the following year.
| Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 2,061 | 1,724 | 2,305 | 1,609 | -7.9% |
| Germany | 45.4 | 16.5 | 49.1 | 43.6 | -1.3% |
| United Kingdom | N/A | 1.2 | 0.4 | 18.7 | 294.8% |
| Netherlands | 10.9 | 6.3 | 38.9 | 9.0 | -6.2% |
| Others | N/A | 13.7 | 3.3 | 2.5 | -57.3% |
| Total | 2,118 | 1,761 | 2,397 | 1,683 | -7.4% |
Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from Ireland in 2022:
- South Africa (5.8 tons)
- Germany (0.5 tons)
- Netherlands (0.4 tons)
- United Kingdom (0.1 tons)
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