Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the UK - 2023
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the UK (CIF) - 2022
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the UK (FOB) - 2022
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in the UK
- Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in the UK
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the UK (CIF) - 2022
The average import price for molybdenum; articles thereof, including waste and scrap stood at $43,970 per ton in 2022, jumping by 27% against the previous year. Over the period under review, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 38%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($53,510 per ton), while the price for South Korea ($35,603 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the UK (FOB) - 2022
The average export price for molybdenum; articles thereof, including waste and scrap stood at $50,949 per ton in 2022, increasing by 30% against the previous year. In general, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 58% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($102,736 per ton), while the average price for exports to Trinidad and Tobago ($4,336 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 Sweden (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in the UK
In 2022, purchases abroad of molybdenum; articles thereof, including waste and scrap was finally on the rise to reach 2.5K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a relatively flat trend pattern.
In value terms, imports of molybdenum; articles thereof, including waste and scrap skyrocketed to $109M in 2022. Over the period under review, imports enjoyed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Molybdenum; Articles Thereof, Including Waste and Scrap in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.4 | 10.4 | 25.1 | 39.8 | 23.0% |
| Austria | 19.6 | 16.7 | 25.4 | 37.8 | 24.5% |
| United States | 9.6 | 6.3 | 4.0 | 10.2 | 2.0% |
| Germany | 14.0 | 10.4 | 5.6 | 8.3 | -16.0% |
| Taiwan (Chinese) | 0.2 | 0.2 | 1.5 | 2.8 | 141.0% |
| Hong Kong SAR | 0.3 | 0.1 | 0.1 | 1.9 | 85.0% |
| South Korea | 0.5 | 0.3 | 0.8 | 1.8 | 53.3% |
| Netherlands | 1.9 | 2.5 | 0.2 | 0.7 | -28.3% |
| Luxembourg | 1.1 | 1.2 | 1.7 | N/A | 24.3% |
| Others | 5.6 | 2.1 | 3.5 | 5.7 | 0.6% |
| Total | 74.3 | 50.3 | 67.9 | 109 | 13.6% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to the UK in 2022:
- China (915.3 tons)
- Austria (853.4 tons)
- United States (198.9 tons)
- Germany (196.0 tons)
- Taiwan (Chinese) (61.5 tons)
- South Korea (51.8 tons)
- Hong Kong SAR (38.4 tons)
- Netherlands (12.6 tons)
Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in the UK
In 2022, approx. 1.7K tons of molybdenum; articles thereof, including waste and scrap were exported from the UK; rising by 17% against 2021. Overall, exports, however, recorded a mild contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 63% against the previous year.
In value terms, exports of molybdenum; articles thereof, including waste and scrap skyrocketed to $85M in 2022. Over the period under review, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 74%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Molybdenum; Articles Thereof, Including Waste and Scrap in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.4 | 8.1 | 11.5 | 17.3 | -0.2% |
| United States | 13.7 | 6.2 | 12.9 | 15.8 | 4.9% |
| Netherlands | N/A | N/A | 10.4 | 15.1 | 45.2% |
| France | 12.1 | 6.7 | 3.1 | 14.6 | 6.5% |
| Austria | 3.0 | 6.1 | 9.3 | 10.9 | 53.7% |
| Australia | 3.0 | 0.1 | 2.8 | 4.1 | 11.0% |
| Belgium | 4.0 | 1.9 | 2.3 | 2.5 | -14.5% |
| Sweden | 1.9 | 1.7 | 1.0 | 2.3 | 6.6% |
| Trinidad and Tobago | N/A | N/A | N/A | 0.2 | 0% |
| Others | 2.9 | 1.4 | 2.8 | 2.5 | -4.8% |
| Total | 58.1 | 32.3 | 56.2 | 85.2 | 13.6% |
Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from the UK in 2022:
- Germany (390.0 tons)
- United States (358.8 tons)
- France (282.9 tons)
- Austria (208.5 tons)
- Netherlands (147.0 tons)
- Australia (82.7 tons)
- Trinidad and Tobago (56.1 tons)
- Sweden (52.0 tons)
- Belgium (49.7 tons)
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