Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Austria - 2023
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Austria (CIF) - 2023
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Austria
Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Austria (CIF) - 2023
In November 2023, the average import price for molybdenum; articles thereof, including waste and scrap, powderses amounted to $64,549 per ton, shrinking by -10.5% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 21% against the previous month. Over the period under review, average import prices attained the maximum at $90,732 per ton in March 2023; however, from April 2023 to November 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From November 2022 to November 2023, the rate of growth in terms of prices for Luxembourg amounted to +1.9% per month.
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Austria
In 2022, imports of molybdenum; articles thereof, including waste and scrap, powderses into Austria fell to 177 tons, with a decrease of -5.6% against 2021 figures. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 69%. As a result, imports reached the peak of 187 tons, and then reduced in the following year.
In value terms, imports of molybdenum; articles thereof, including waste and scrap, powderses rose sharply to $9.8M in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 163%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.8 | 3.2 | 8.5 | 5.3 | 11.7% |
| Luxembourg | N/A | N/A | N/A | 3.8 | 0% |
| United Kingdom | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| China | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 4.0 | 3.4 | 8.9 | 9.8 | 34.8% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders to Austria in 2022:
- Germany (95.8 tons)
- Luxembourg (70.4 tons)
- United Kingdom (5.0 tons)
- China (5.0 tons)
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