Asia: Market for Other than Roasted Molybdenum Ores and Concentrates 2024

Market Size for Other than Roasted Molybdenum Ores and Concentrates in Asia

The Asian market for other than roasted molybdenum ores and concentrateses reduced slightly to $X in 2022, leveling off at the previous year. In general, consumption, however, showed buoyant growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Other than Roasted Molybdenum Ores and Concentrates in Asia

In value terms, production of other than roasted molybdenum ores and concentrateses skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Other than Roasted Molybdenum Ores and Concentrates

Exports in Asia

For the fourth year in a row, Asia recorded growth in shipments abroad of other than roasted molybdenum ores and concentrateses, which increased by X% to X tons in 2022. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of other than roasted molybdenum ores and concentrateses skyrocketed to $X in 2022. In general, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Armenia was the main exporter of other than roasted molybdenum ores and concentrateses in Asia, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. Mongolia (X tons) ranks second in terms of the total exports with a X% share, followed by China (X%), South Korea (X%) and Kazakhstan (X%). Thailand (X tons) followed a long way behind the leaders.

Armenia was also the fastest-growing in terms of the other than roasted molybdenum ores and concentrateses exports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%), China (X%) and Kazakhstan (X%) displayed positive paces of growth. South Korea and Mongolia experienced a relatively flat trend pattern. From 2012 to 2022, the share of Armenia, Mongolia, China and Thailand increased by X, X, X and X percentage points, respectively.

In value terms, the largest other than roasted molybdenum ores and concentrates supplying countries in Asia were Armenia ($X), Mongolia ($X) and China ($X), together accounting for X% of total exports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Other than Roasted Molybdenum Ores and Concentrates

Imports in Asia

In 2022, supplies from abroad of other than roasted molybdenum ores and concentrateses decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted resilient growth. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of other than roasted molybdenum ores and concentrateses expanded markedly to $X in 2022. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

China was the largest importing country with an import of about X tons, which accounted for X% of total imports. South Korea (X tons) ranks second in terms of the total imports with a X% share, followed by Thailand (X%) and Vietnam (X%).

China was also the fastest-growing in terms of the other than roasted molybdenum ores and concentrateses imports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%), Vietnam (X%) and South Korea (X%) displayed positive paces of growth. China (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total imports, while South Korea saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), South Korea ($X) and Vietnam ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Thailand lagged somewhat behind, accounting for a further X%.

Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, picking up by X% against the previous year. Overall, the import price showed a moderate expansion. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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