Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in South Korea - 2022
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in South Korea (CIF) - 2022
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in South Korea (FOB) - 2022
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in South Korea
- Exports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in South Korea
Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in South Korea (CIF) - 2022
The average import price for molybdenum; articles thereof, including waste and scrap, powderses stood at $40,218 per ton in 2022, almost unchanged from the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 29%. Over the period under review, average import prices hit record highs at $41,809 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 Germany ($70,714 per ton), while the price for Vietnam ($7,242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+35.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in South Korea (FOB) - 2022
The average export price for molybdenum; articles thereof, including waste and scrap, powderses stood at $56,997 per ton in 2022, which is down by -38.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 161%. As a result, the export price reached the peak level of $93,167 per ton, and then shrank significantly in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($50,824 per ton), while the average price for exports to Vietnam totaled $37,066 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+33.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in South Korea
For the fourth consecutive year, South Korea recorded growth in supplies from abroad of molybdenum; articles thereof, including waste and scrap, powderses, which increased by 25% to 120 tons in 2022. The total import volume increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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, powderses skyrocketed to $4.8M in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,197 | 2,533 | 3,363 | 3,733 | 46.1% |
| Germany | 0.2 | 15.8 | 94.7 | 683 | 1405.9% |
| United States | 85.7 | 156 | 237 | 250 | 42.9% |
| Vietnam | N/A | N/A | 12.6 | 69.8 | 454.0% |
| France | N/A | N/A | N/A | 56.6 | 0% |
| Mexico | 1,323 | N/A | N/A | N/A | 0% |
| Others | 42.3 | 94.1 | 139 | 50.0 | 5.7% |
| Total | 2,648 | 2,799 | 3,846 | 4,842 | 22.3% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders to South Korea in 2022:
- China (87.1 tons)
- United States (10.4 tons)
- Germany (9.7 tons)
- Vietnam (9.6 tons)
- France (2.8 tons)
Exports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in South Korea
In 2022, approx. 862 kg of molybdenum; articles thereof, including waste and scrap, powderses were exported from South Korea; jumping by 100% compared with 2021 figures. In general, exports, however, recorded a dramatic downturn.
In value terms, exports of molybdenum; articles thereof, including waste and scrap, powderses skyrocketed to $49K in 2022. Over the period under review, exports, however, saw a deep downturn.
| Export of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 64.4 | 32.9 | 0.5 | 25.9 | -26.2% |
| Vietnam | N/A | 36.1 | N/A | 12.9 | -40.2% |
| Germany | N/A | N/A | 35.0 | N/A | 0% |
| Singapore | 13.4 | N/A | N/A | N/A | 0% |
| Others | 2.5 | 10.7 | 4.8 | 10.3 | 60.3% |
| Total | 80.3 | 79.7 | 40.2 | 49.1 | -15.1% |
Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders from South Korea in 2022:
- China (510.0 kg)
- Vietnam (347.0 kg)
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