Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Turkey - 2024
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Turkey (CIF) - 2022
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Turkey (FOB) - 2022
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Turkey
- Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Turkey
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Turkey (CIF) - 2022
In 2022, the average import price for molybdenum; articles thereof, including waste and scrap amounted to $64,605 per ton, which is down by -1.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 an increase of 16% against the previous year. Over the period under review, average import prices hit record highs at $75,503 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($128,287 per ton), while the price for Russia ($26,426 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Turkey (FOB) - 2022
In 2022, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $27,736 per ton, picking up by 81% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2014 an increase of 632%. Over the period under review, the average export prices hit record highs at $34,660 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to +43.3% per year.
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Turkey
In 2022, supplies from abroad of molybdenum; articles thereof, including waste and scrap decreased by -1.5% to 44 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 67% against the previous year.
In value terms, imports of molybdenum; articles thereof, including waste and scrap dropped to $2.9M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 70% against the previous year.
| Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 570 | 1,149 | 978 | 1,210 | 28.5% |
| China | 538 | 812 | 625 | 726 | 10.5% |
| Russia | N/A | 1.8 | N/A | 418 | 1423.9% |
| Germany | 235 | 245 | 295 | 284 | 6.5% |
| United States | 189 | 391 | 610 | 107 | -17.3% |
| Uzbekistan | N/A | 57.8 | 298 | N/A | 415.6% |
| Others | 63.3 | 50.0 | 139 | 111 | 20.6% |
| Total | 1,595 | 2,706 | 2,946 | 2,856 | 21.4% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to Turkey in 2022:
- Russia (15.8 tons)
- Austria (12.2 tons)
- China (12.1 tons)
- Germany (2.9 tons)
- United States (0.8 tons)
Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Turkey
Exports of molybdenum; articles thereof, including waste and scrap from Turkey soared to 13 tons in 2022, increasing by 119% against the previous year. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 688%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of molybdenum; articles thereof, including waste and scrap surged to $364K in 2022. In general, exports recorded a significant expansion. 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 Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 0.2 | N/A | 355 | 4113.1% |
| Italy | 8.0 | 23.6 | 3.8 | 7.1 | -3.9% |
| Iraq | 17.7 | 2.6 | N/A | N/A | -85.3% |
| Uzbekistan | 0.7 | N/A | 13.2 | N/A | 334.2% |
| Netherlands | N/A | N/A | 74.3 | N/A | 0% |
| Others | 0.6 | N/A | 0.7 | 2.7 | 65.1% |
| Total | 27.0 | 26.4 | 92.0 | 364 | 138.0% |
Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from Turkey in 2022:
- Germany (12.9 tons)
- Italy (0.1 tons)
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