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

Contents:

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

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

In 2022, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $4,017 per ton, jumping by 235% against the previous year. Overall, the export price, however, recorded a dramatic curtailment. The export price peaked at $508,125 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($4,305 per ton), while the average price for exports to Lithuania ($3,762 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+295.7%).

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

In 2022, the average import price for molybdenum; articles thereof, including waste and scrap amounted to $3,303 per ton, waning by -96.4% against the previous year. Overall, the import price saw a dramatic contraction. The pace of growth appeared the most rapid in 2015 an increase of 167%. The import price peaked at $189,015 per ton in 2013; however, from 2014 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 Switzerland ($43,224 per ton), while the price for the Netherlands stood at $2,825 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+110.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of molybdenum; articles thereof, including waste and scrap from Latvia soared to 211 tons, jumping by 188% against the previous year. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of molybdenum; articles thereof, including waste and scrap skyrocketed to $846K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Latvia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Brazil66.9340408.2%
Lithuania12.62892193.7%
AustriaN/A2160%
Others8.30.4-95.2%
Total87.8846863.6%

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

  1. Brazil (79.0 tons)
  2. Lithuania (76.8 tons)
  3. Austria (54.8 tons)

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

In 2022, the amount of molybdenum; articles thereof, including waste and scrap imported into Latvia soared to 36 tons, with an increase of 2,112% against 2021. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of molybdenum; articles thereof, including waste and scrap reduced notably to $118K in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 265% against the previous year.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A87.199.914.7%
Switzerland13.717.652.412.4-3.3%
EstoniaN/A31.0N/AN/A0%
Others4.818.98.25.54.6%
Total18.567.514811885.5%

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

  1. Netherlands (35.4 tons)
  2. Switzerland (0.3 tons)

Source: IndexBox Market Intelligence Platform

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