Chile: Market for Roasted Molybdenum Ores and Concentrates 2024

Market Size for Roasted Molybdenum Ores and Concentrates in Chile

The Chilean market for roasted molybdenum ores and concentrateses stood at $X in 2022, growing by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Roasted Molybdenum Ores and Concentrates in Chile

In value terms, roasted molybdenum ores and concentrates production reduced modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. Roasted molybdenum ores and concentrates production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Roasted Molybdenum Ores and Concentrates

Exports from Chile

In 2022, the amount of roasted molybdenum ores and concentrateses exported from Chile dropped to X tons, which is down by X% against the year before. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, roasted molybdenum ores and concentrates exports expanded remarkably to $X in 2022. In general, exports, however, enjoyed a tangible increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Japan (X tons) was the main destination for roasted molybdenum ores and concentrates exports from Chile, accounting for a X% share of total exports. Moreover, roasted molybdenum ores and concentrates exports to Japan exceeded the volume sent to the second major destination, Brazil (X tons), twofold. The third position in this ranking was taken by South Korea (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and South Korea (X% per year).

In value terms, the largest markets for roasted molybdenum ores and concentrates exported from Chile were Japan ($X), Brazil ($X) and South Korea ($X), together comprising X% of total exports.

Among the main countries of destination, Brazil, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average export price for roasted molybdenum ores and concentrateses amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to India ($X per ton) and the Netherlands ($X per ton), while the average price for exports to China ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Roasted Molybdenum Ores and Concentrates

Imports into Chile

Roasted molybdenum ores and concentrates imports into Chile dropped remarkably to X tons in 2022, reducing by X% against the previous year. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X,900% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then fell remarkably in the following year.

In value terms, roasted molybdenum ores and concentrates imports contracted significantly to $X in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by X,879%. As a result, imports attained the peak of $X, and then contracted remarkably in the following year.

Imports by Country

In 2022, Mexico (X tons) was the main roasted molybdenum ores and concentrates supplier to Chile, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico amounted to X%.

In value terms, Mexico ($X) constituted the largest supplier of roasted molybdenum ores and concentrateses to Chile.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico stood at X%.

Import Prices by Country

In 2022, the average import price for roasted molybdenum ores and concentrateses amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price showed strong growth. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Mexico.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

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