Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates - 2022
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (FOB) - 2022
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (CIF) - 2022
- Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (FOB) - 2022
The average export price for molybdenum; articles thereof, including waste and scrap stood at $37,766 per ton in 2022, falling by -1.7% against the previous year. Over the period under review, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 an increase of 375% against the previous year. As a result, the export price reached the peak level of $38,414 per ton, and then shrank slightly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($120,426 per ton), while the average price for exports to Somalia ($326 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 Saudi Arabia (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (CIF) - 2022
The average import price for molybdenum; articles thereof, including waste and scrap stood at $40,324 per ton in 2022, shrinking by -5.1% against the previous year. Over the period under review, the import price, however, posted a modest increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 495% against the previous year. The import price peaked at $42,501 per ton in 2021, and then shrank in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.2% per year.
Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates
In 2022, the amount of molybdenum; articles thereof, including waste and scrap exported from the United Arab Emirates surged to 62 tons, rising by 1,533% compared with the previous year's figure. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of molybdenum; articles thereof, including waste and scrap skyrocketed to $2.4M in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Molybdenum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 1,226 | 0% |
| India | N/A | 21.3 | 96.9 | 1,093 | 616.3% |
| Saudi Arabia | N/A | N/A | 0.4 | 12.6 | 3050.0% |
| Somalia | N/A | N/A | N/A | 7.5 | 0% |
| Turkmenistan | N/A | N/A | N/A | 1.0 | 0% |
| France | 46.3 | N/A | N/A | N/A | 0% |
| Canada | N/A | N/A | 39.9 | N/A | 0% |
| Others | 3.2 | 30.1 | 9.3 | 13.2 | 60.4% |
| Total | 49.5 | 51.4 | 147 | 2,353 | 262.2% |
Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from the United Arab Emirates in 2022:
- Somalia (23.0 tons)
- India (20.7 tons)
- China (10.2 tons)
- Saudi Arabia (6.3 tons)
- Turkmenistan (1.0 tons)
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates
After two years of decline, overseas purchases of molybdenum; articles thereof, including waste and scrap increased by 247% to 38 tons in 2022. In general, imports continue to indicate significant growth. 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 surged to $1.5M in 2022. Over the period under review, imports showed significant 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 United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 546 | 313 | 444 | 1,480 | 39.4% |
| Spain | N/A | 19.9 | N/A | N/A | 0% |
| Saudi Arabia | N/A | 28.6 | N/A | N/A | 0% |
| Others | 33.9 | 20.6 | 26.6 | 67.8 | 26.0% |
| Total | 580 | 382 | 470 | 1,548 | 38.7% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to the United Arab Emirates in 2022:
- China (37.5 tons)
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