Asia-Pacific: Molybdenum Ore Market 2022

Molybdenum Ore Market Size in Asia-Pacific

The Asia-Pacific molybdenum ore market surged to $X in 2021, increasing by X% against the previous year. The total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Molybdenum Ore Production in Asia-Pacific

In value terms, molybdenum ore production dropped to $X in 2021 estimated in export price. In general, production recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Molybdenum Ore Exports

Exports in Asia-Pacific

In 2021, overseas shipments of molybdenum ores decreased by -X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports showed a pronounced curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, molybdenum ore exports amounted to $X in 2021. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, China (X tons) represented the major exporter of molybdenum ores, generating X% of total exports. It was distantly followed by Thailand (X tons), South Korea (X tons), Democratic People's Republic of Korea (X tons) and the Philippines (X tons), together comprising a X% share of total exports. Vietnam (X tons) took a relatively small share of total exports.

From 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest molybdenum ore supplying countries in Asia-Pacific were China ($X), Thailand ($X) and South Korea ($X), together accounting for X% of total exports.

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

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, picking up by X% against the previous year. Over the period under review, the export price, however, saw a noticeable decline. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Philippines ($X per ton), while Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, 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.

Molybdenum Ore Imports

Imports in Asia-Pacific

After three years of decline, supplies from abroad of molybdenum ores increased by X% to X tons in 2021. 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 in certain years. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, molybdenum ore imports skyrocketed to $X in 2021. Overall, imports saw a temperate expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in years to come.

Imports by Country

In 2021, Japan (X tons) and South Korea (X tons) represented the major importers of molybdenum ores in Asia-Pacific, together mixing up X% of total imports. China (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by India (X%) and Thailand (X%). The following importers - Vietnam (X tons) and Malaysia (X tons) - each recorded a X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Malaysia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising X% of total imports. India, Thailand, Vietnam and Malaysia lagged somewhat behind, together comprising a further X the main importing countries, Malaysia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, 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

Frequently Asked Questions (FAQ) :