Salts; Molybdates Price in Peru - 2021

Contents:

1. Salts; Molybdates Price in Peru (CIF) - 2022
2. Salts; Molybdates Price in Peru (FOB) - 2022
3. Salts; Molybdates Imports in Peru
4. Salts; Molybdates Exports in Peru

Salts; Molybdates Price in Peru (CIF) - 2022

In 2022, the average salts; molybdates import price amounted to $18,812 per ton, declining by -2.4% against the previous year. Overall, the import price saw a slight slump. The growth pace was the most rapid in 2016 an increase of 26% against the previous year. As a result, import price attained the peak level of $25,266 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($19,585 per ton) and Belgium ($17,105 per ton), while the price for the United States ($13,138 per ton) and Brazil ($14,285 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Salts; Molybdates Price in Peru (FOB) - 2022

The average salts; molybdates export price stood at $18,671 per ton in 2022, surging by 59% against the previous year. In general, the export price, however, faced a dramatic decrease. Over the period under review, the average export prices attained the peak figure at $296,000 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($20,533 per ton), while the average price for exports to Chile stood at $2,000 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-62.1%).

Salts; Molybdates Imports in Peru

Salts; molybdates imports into Peru rose to 26 tons in 2022, growing by 4.7% on the previous year's figure. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 79%. As a result, imports reached the peak of 27 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, salts; molybdates imports expanded to $485K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 59%. As a result, imports reached the peak of $495K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Salts; Molybdates to Peru in 2022:

1. China (16.9 tons)
2. Brazil (4.1 tons)
3. Italy (2.0 tons)
4. Japan (1.2 tons)
5. India (0.7 tons)
6. United States (0.4 tons)

Salts; Molybdates Exports in Peru

In 2022, the amount of salts; molybdateses exported from Peru rose significantly to 1.4 tons, growing by 12% against 2021 figures. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 392%. As a result, the exports reached the peak of 1.5 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, salts; molybdates exports skyrocketed to $25K in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 225% against the previous year. As a result, the exports attained the peak of $37K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Salts; Molybdates from Peru in 2022:

1. Guatemala (706.0 kg)
2. Chile (1.0 kg)

Source: IndexBox Market Intelligence Platform