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

Contents:

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

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

In 2022, the average export price for molybdenum; articles thereof, including waste and scrap, powderses amounted to $145,077 per ton, growing by 16% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for molybdenum; articles thereof, including waste and scrap, powderses increased by +34.0% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 97% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($250,537 per ton), while the average price for exports to India ($121,567 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for molybdenum; articles thereof, including waste and scrap, powderses stood at $140,911 per ton in 2022, jumping by 19% against the previous year. In general, the import price, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 38%. Over the period under review, average import prices attained the peak figure at $208,351 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($168,564 per ton), while the price for China amounted to $30,672 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+377.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of molybdenum; articles thereof, including waste and scrap, powderses from Singapore shrank remarkably to 3.7 tons in 2022, which is down by -18.9% against 2021. Overall, exports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. As a result, the exports reached the peak of 4.6 tons, and then declined significantly in the following year.

In value terms, exports of molybdenum; articles thereof, including waste and scrap, powderses reduced to $541K in 2022. The total export value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 38%. As a result, the exports attained the peak of $575K, and then contracted in the following year.

Export of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India21622031929611.1%
China90.746.861.980.2-4.0%
Thailand91.849.937.662.8-11.9%
Taiwan (Chinese)12.942.911.851.458.5%
Japan6.121.390.743.892.9%
Hong Kong SAR12.715.238.46.5-20.0%
Others6.219.615.1N/A56.1%
Total4364155755417.5%

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

  1. India (2437.0 kg)
  2. Thailand (390.0 kg)
  3. China (330.0 kg)
  4. Japan (320.0 kg)
  5. Taiwan (Chinese) (205.0 kg)
  6. Hong Kong SAR (42.0 kg)

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

In 2022, purchases abroad of molybdenum; articles thereof, including waste and scrap, powderses decreased by -60.5% to 874 kg, falling for the second year in a row after two years of growth. In general, imports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. As a result, imports attained the peak of 8.6 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of molybdenum; articles thereof, including waste and scrap, powderses fell dramatically to $123K in 2022. Overall, imports faced a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 15%. As a result, imports attained the peak of $798K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States288355260117-25.9%
China0.613.92.85.5109.3%
Germany167102N/AN/A-38.9%
Austria16.846.2N/AN/A175.0%
IndiaN/A153N/AN/A0%
Japan225128N/AN/A-43.1%
OthersN/AN/A0.50.860.0%
Total697798263123-43.9%

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

  1. United States (693.0 kg)
  2. China (180.0 kg)

Source: IndexBox Market Intelligence Platform

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