Argentina: Molybdenum Market 2022

Molybdenum Market Size in Argentina

The Argentinian molybdenum market fell to $X in 2021, which is down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a relatively flat trend pattern. Molybdenum consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Molybdenum Exports

Exports from Argentina

In 2021, exports of molybdenum from Argentina stood at less than X kg, standing approx. at the year before. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at X kg in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, molybdenum exports amounted to $less than X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore (X kg) was the main destination for molybdenum exports from Argentina, with a X% share of total exports. Moreover, molybdenum exports to Singapore exceeded the volume sent to the second major destination, the Netherlands (X kg), more than tenfold.

From 2012 to 2015, the average annual growth rate of volume to Singapore was relatively modest.

From 2012 to 2015, the average annual rate of growth in terms of value to Singapore was relatively modest.

Export Prices by Country

In 2015, the average molybdenum export price amounted to $X per tonne, almost unchanged from the previous year. In general, the export price saw a relatively flat trend pattern. The export price peaked in 2015 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2015, the country with the highest price was Singapore ($X per tonne), while the average price for exports to the Netherlands totaled $X per tonne.

From 2012 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%).

Molybdenum Imports

Imports into Argentina

Molybdenum imports into Argentina fell to X tonnes in 2021, shrinking by -X% compared with the year before. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, molybdenum imports declined to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tonnes) was the main molybdenum supplier to Argentina, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +X%.

In value terms, China ($X) constituted the largest supplier of molybdenum to Argentina.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

The average molybdenum import price stood at $X per tonne in 2021, rising by X% against the previous year. Overall, the import price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -X% per year.

Source: IndexBox Platform