Austria: Molybdenum Market 2022

Molybdenum Market Size in Austria

In 2021, the Austrian molybdenum market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption showed a buoyant increase. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Molybdenum Production in Austria

In value terms, molybdenum production totaled $X in 2021 estimated in export price. In general, production saw a significant contraction. Molybdenum production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Molybdenum Exports

Exports from Austria

In 2021, shipments abroad of molybdenum decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of X tonnes. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, molybdenum exports reduced notably to $X in 2021. Over the period under review, exports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tonnes) was the main destination for molybdenum exports from Austria, with a X% share of total exports. Moreover, molybdenum exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tonnes), ninefold.

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

In value terms, Germany ($X) remains the key foreign market for molybdenum exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +X%.

Export Prices by Country

In 2021, the average molybdenum export price amounted to $X per tonne, growing by X% against the previous year. Overall, the export price, however, saw a deep setback. Over the period under review, the average export prices hit record highs at $X per tonne in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to Germany totaled $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+X%).

Molybdenum Imports

Imports into Austria

For the sixth consecutive year, Austria recorded growth in supplies from abroad of molybdenum, which increased by X% to X tonnes in 2021. Over the period under review, imports saw a measured increase. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of X tonnes. From 2015 to 2021, the growth imports remained at a lower figure.

In value terms, molybdenum imports skyrocketed to $X in 2021. Overall, imports saw a moderate increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tonnes) constituted the largest supplier of molybdenum to Austria, accounting for a X% share of total imports. Moreover, molybdenum imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tonnes), threefold. The Netherlands (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and the Netherlands (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of molybdenum to Austria, comprising X% of total imports. The second position in the ranking was occupied by Sweden ($X), with an X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average molybdenum import price stood at $X per tonne in 2021, increasing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per tonne. From 2015 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were China ($X per tonne) and Germany ($X per tonne), while the price for Sweden ($X per tonne) and the Netherlands ($X per tonne) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform