Brazil: Molybdenum Market 2022

Molybdenum Market Size in Brazil

The Brazilian molybdenum market soared to $X in 2021, surging 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). In general, consumption, however, showed a deep downturn. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Molybdenum Exports

Exports from Brazil

In 2021, shipments abroad of molybdenum decreased by X% to less than X kg, falling for the third year in a row after two years of decline. In general, exports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2016 when exports increased by X%. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, molybdenum exports totaled $less than X in 2021. Over the period under review, exports saw a dramatic decline. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China (X kg) was the main destination for molybdenum exports from Brazil, accounting for a approx. X% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to China was relatively modest.

From 2012 to 2019, the average annual growth rate of value to China was relatively modest.

Export Prices by Country

In 2019, the average molybdenum export price amounted to $X per tonne, waning by -X% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The export price peaked at $X per tonne in 2012; however, from 2013 to 2019, the export prices remained at a lower figure.

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

From 2012 to 2019, the rate of growth in terms of prices for China amounted to X% per year.

Molybdenum Imports

Imports into Brazil

Molybdenum imports into Brazil skyrocketed to X tonnes in 2021, surging by X% compared with the previous year. Overall, imports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at X tonnes in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, molybdenum imports rose slightly to $X in 2021. In general, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth imports failed to regain momentum.

Imports by Country

China (X tonnes), the Netherlands (X tonnes) and the UK (X tonnes) were the main suppliers of molybdenum imports to Brazil, together comprising X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

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

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

Import Prices by Country

In 2021, the average molybdenum import price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform