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

Contents:

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

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

In 2022, the average import price for molybdenum; articles thereof, including waste and scrap amounted to $154,607 per ton, approximately mirroring the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 21%. As a result, import price reached the peak level of $190,510 per ton. From 2020 to 2022, the average 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 Germany ($2,706,747 per ton), while the price for China ($76,319 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $28,909 per ton, approximately equating the previous year. In general, the export price continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 32%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.7% per year.

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

In 2022, supplies from abroad of molybdenum; articles thereof, including waste and scrap was finally on the rise to reach 15 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a noticeable slump.

In value terms, imports of molybdenum; articles thereof, including waste and scrap skyrocketed to $2.3M in 2022. Overall, imports, however, continue to indicate a abrupt slump.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,4131,0861,304963-12.0%
China43067319973419.5%
Austria360138159340-1.9%
Others888496138266-33.1%
Total3,0912,3931,8012,303-9.3%

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

  1. China (9.6 tons)
  2. United States (4.5 tons)
  3. Austria (0.7 tons)

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

In 2022, exports of molybdenum; articles thereof, including waste and scrap from Mexico stood at 1.2 tons, therefore, remained relatively stable against 2021 figures. Overall, exports faced a sharp slump. The smallest decline of -44% was in 2020.

In value terms, exports of molybdenum; articles thereof, including waste and scrap stood at $35K in 2022. In general, exports faced a precipitous curtailment. The smallest decline of -41.2% was in 2020.

Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11969.8N/A34.9-33.6%
OthersN/AN/AN/AN/A0%
Total11969.8N/A34.9-33.6%

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

  1. United States (1.2 tons)

Source: IndexBox Market Intelligence Platform

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