Asia: Market for Roasted Molybdenum Ores and Concentrates 2024

Market Size for Roasted Molybdenum Ores and Concentrates in Asia

The Asian market for roasted molybdenum ores and concentrateses was estimated at $X in 2022, growing by X% against the previous year. The total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Roasted Molybdenum Ores and Concentrates in Asia

In value terms, roasted molybdenum ores and concentrates production fell slightly to $X in 2022 estimated in export price. Overall, production, however, saw a mild curtailment. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Roasted Molybdenum Ores and Concentrates

Exports in Asia

In 2022, the amount of roasted molybdenum ores and concentrateses exported in Asia dropped significantly to X tons, waning by X% compared with 2021 figures. In general, exports, however, showed measured growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then reduced markedly in the following year.

In value terms, roasted molybdenum ores and concentrates exports expanded modestly to $X in 2022. Overall, exports, however, recorded a notable expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, China (X tons) was the main exporter of roasted molybdenum ores and concentrateses, committing X% of total exports. Thailand (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (X%), Armenia (X%) and Kazakhstan (X%). The following exporters - Malaysia (X tons) and Iran (X tons) - together made up X% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of roasted molybdenum ores and concentrateses. At the same time, Armenia (X%), Malaysia (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Iran and South Korea experienced a relatively flat trend pattern. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, Armenia and Malaysia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest roasted molybdenum ores and concentrates supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with an X% share of total exports. It was followed by South Korea, with a X% share.

In China, roasted molybdenum ores and concentrates exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (X% per year) and South Korea (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, jumping by X% against the previous year. Overall, the export price posted a temperate expansion. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

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

Imports of Roasted Molybdenum Ores and Concentrates

Imports in Asia

In 2022, supplies from abroad of roasted molybdenum ores and concentrateses decreased by X% to X tons, falling for the second consecutive year after five years of growth. Total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. 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 remained at a somewhat lower figure.

In value terms, roasted molybdenum ores and concentrates imports rose significantly to $X in 2022. Overall, imports, however, posted notable growth. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Japan (X tons) represented the largest importer of roasted molybdenum ores and concentrateses, comprising X% of total imports. South Korea (X tons) ranks second in terms of the total imports with a X% share, followed by India (X%), China (X%) and Vietnam (X%). Kazakhstan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest roasted molybdenum ores and concentrates importing markets in Asia were Japan ($X), South Korea ($X) and India ($X), together accounting for X% of total imports. China, Vietnam and Kazakhstan lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Vietnam, with a CAGR of X%, saw the highest growth rate of 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 2022, the import price in Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the import price saw a measured increase. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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