Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Singapore - 2023
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Singapore (CIF) - 2023
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Singapore (FOB) - 2023
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Singapore
- Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Singapore
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Singapore (CIF) - 2023
In September 2022, the average import price for molybdenum; articles thereof, including waste and scrap amounted to $63,089 per ton, reducing by -70.4% against the previous month. Over the period under review, the import price, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in August 2022 an increase of 353% month-to-month. As a result, import price attained the peak level of $213K per ton, and then contracted markedly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($239K per ton), while the price for China stood at $53,576 per ton.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%).
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Singapore (FOB) - 2023
In September 2022, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $281K per ton, which is down by -66.5% against the previous month. In general, the export price saw a deep downturn. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 556% month-to-month. As a result, the export price attained the peak level of $839K per ton, and then declined remarkably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($2.4M per ton), while the average price for exports to Hong Kong SAR ($136K per ton) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+191.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Singapore
In 2022, imports of molybdenum; articles thereof, including waste and scrap into Singapore surged to 122 tons, picking up by 23% against the previous year. Over the period under review, imports, however, saw a noticeable curtailment.
In value terms, imports of molybdenum; articles thereof, including waste and scrap surged to $4.4M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 1.4 | 2.3 | 3.3 | 22.4% |
| United States | 0.6 | 0.7 | 0.7 | 0.5 | -5.9% |
| Others | 1.3 | 1.0 | 0.8 | 0.6 | -22.7% |
| Total | 3.6 | 3.1 | 3.8 | 4.4 | 6.9% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to Singapore in 2022:
- China (117.9 tons)
- United States (1.5 tons)
Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Singapore
Exports of molybdenum; articles thereof, including waste and scrap from Singapore shrank markedly to 8.7 tons in 2022, waning by -43% on 2021 figures. Over the period under review, exports faced a sharp contraction. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year.
In value terms, exports of molybdenum; articles thereof, including waste and scrap shrank to $927K in 2022. In general, exports saw a abrupt shrinkage. The smallest decline of -2.1% was in 2021.
| Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 220 | 228 | 648 | 309 | 12.0% |
| Indonesia | 80.1 | 11.7 | N/A | 183 | 31.7% |
| United States | 1.6 | 563 | 51.9 | 139 | 342.9% |
| China | 132 | 58.0 | 63.7 | 86.0 | -13.3% |
| Thailand | 103 | 53.5 | 42.8 | 64.8 | -14.3% |
| Taiwan (Chinese) | 58.8 | 43.2 | 11.8 | 57.1 | -1.0% |
| Japan | 54.2 | 42.4 | 124 | 44.5 | -6.4% |
| Malaysia | 37.1 | 17.3 | 25.2 | 27.6 | -9.4% |
| Dominican Republic | N/A | N/A | N/A | 2.6 | 0% |
| Vietnam | 165 | N/A | 3.5 | N/A | -85.4% |
| Others | 264 | 36.7 | 60.9 | 13.2 | -63.2% |
| Total | 1,116 | 1,053 | 1,031 | 927 | -6.0% |
Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from Singapore in 2022:
- India (5894.0 kg)
- Thailand (404.0 kg)
- Taiwan (Chinese) (395.0 kg)
- Dominican Republic (377.0 kg)
- China (342.0 kg)
- Japan (331.0 kg)
- United States (294.0 kg)
- Indonesia (278.0 kg)
- Malaysia (276.0 kg)
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