Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Malaysia - 2024
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Malaysia (CIF) - 2024
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Malaysia
Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Malaysia (CIF) - 2024
The average import price for molybdenum; articles thereof, including waste and scrap, powderses stood at $29,370 per ton in January 2024, dropping by -5.1% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 an increase of 49% against the previous month. The import price peaked at $36,243 per ton in June 2023; however, from July 2023 to January 2024, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From January 2023 to January 2024, the rate of growth in terms of prices for Japan amounted to -0.2% per month.
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Malaysia
For the fourth year in a row, Malaysia recorded growth in overseas purchases of molybdenum; articles thereof, including waste and scrap, powderses, which increased by 67% to 24 tons in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 614%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of molybdenum; articles thereof, including waste and scrap, powderses skyrocketed to $657K in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 627%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.4 | 61.0 | 182 | 446 | 408.1% |
| France | 3.7 | 41.3 | 65.1 | 91.7 | 191.6% |
| India | 5.7 | 18.7 | 46.8 | 55.7 | 113.8% |
| Netherlands | 4.6 | 15.4 | 22.8 | 31.3 | 89.5% |
| China | N/A | 6.9 | 17.1 | 18.0 | 61.5% |
| United States | 0.4 | 1.4 | 8.4 | 10.8 | 200.0% |
| South Korea | 1.9 | 1.8 | 2.8 | 2.8 | 13.8% |
| Others | 0.6 | 0.8 | 0.6 | 0.6 | 0.0% |
| Total | 20.3 | 147 | 346 | 657 | 218.7% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders to Malaysia in 2022:
- Japan (17.2 tons)
- China (1.8 tons)
- India (1.6 tons)
- France (1.6 tons)
- United States (1.2 tons)
- South Korea (0.4 tons)
- Netherlands (0.2 tons)
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