Czech Republic: Molybdenum Market 2024

Molybdenum Market Size in the Czech Republic

The Czech molybdenum market declined remarkably to $X in 2022, shrinking by X% against the previous year. Overall, consumption showed a sharp curtailment. Molybdenum consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Molybdenum Production in the Czech Republic

In value terms, molybdenum production fell to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Molybdenum Exports

Exports from the Czech Republic

In 2022, shipments abroad of molybdenum was finally on the rise to reach X tons after two years of decline. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, molybdenum exports surged to $X in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Poland (X tons) and France (X tons) were the main destinations of molybdenum exports from the Czech Republic, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for molybdenum exported from the Czech Republic were Germany ($X), Poland ($X) and France ($X), with a combined X% share of total exports.

Poland, with a CAGR of X.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 molybdenum export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price 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, molybdenum export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

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

Molybdenum Imports

Imports into the Czech Republic

In 2022, molybdenum imports into the Czech Republic declined remarkably to X tons, reducing by X% on the previous year. Over the period under review, imports faced a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, molybdenum imports shrank significantly to $X in 2022. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Hungary (X tons) constituted the largest supplier of molybdenum to the Czech Republic, accounting for a X% share of total imports. Moreover, molybdenum imports from Hungary exceeded the figures recorded by the second-largest supplier, China (X kg), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Poland (X% per year).

In value terms, Hungary ($X), China ($X) and Poland ($X) constituted the largest molybdenum suppliers to the Czech Republic, together comprising X% of total imports.

Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average molybdenum import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

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