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

Contents:

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

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

The average import price for molybdenum; articles thereof, including waste and scrap stood at $5,813 per ton in 2022, falling by -92.7% against the previous year. Over the period under review, the import price recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 159% against the previous year. The import price peaked at $108,813 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($24,000 per ton), while the price for the UK ($3,385 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $42,769 per ton, standing approx. at the previous year. In general, the export price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 6.2% against the previous year. The export price peaked at $57,016 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Uganda.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to -2.8% per year.

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

In 2022, supplies from abroad of molybdenum; articles thereof, including waste and scrap was finally on the rise to reach 32 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a sharp slump.

In value terms, imports of molybdenum; articles thereof, including waste and scrap dropped notably to $186 in 2022. In general, imports, however, recorded a sharp contraction. The smallest decline of -39.4% was in 2020.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom31.023.019.088.041.6%
India10611031.074.0-11.3%
PolandN/AN/AN/A24.00%
China215291191N/A-5.7%
Burundi5,821N/AN/AN/A0%
Germany2,3193,111809N/A-40.9%
United Arab EmiratesN/A8.0N/AN/A0%
United States1,4492,030551N/A-38.3%
Others193568547N/A68.4%
Total10,1346,1412,148186-73.6%

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

  1. United Kingdom (26.0 kg)
  2. India (5.0 kg)
  3. Poland (1.0 kg)

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

In 2022, overseas shipments of molybdenum; articles thereof, including waste and scrap were finally on the rise to reach 13 kg after two years of decline. Overall, exports, however, continue to indicate a abrupt decrease.

In value terms, exports of molybdenum; articles thereof, including waste and scrap amounted to $556 in 2022. In general, exports, however, recorded a abrupt descent.

Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda723605506556-8.4%
OthersN/AN/AN/AN/A0%
Total723605506556-8.4%

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

  1. Uganda (13.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Molybdenum; articles thereof, including waste and scrap - Kenya