EU: Ferro-Molybdenum Market 2024

Ferro-Molybdenum Market Size in the EU

The EU ferro-molybdenum market soared to $X in 2022, with an increase of X% against the previous year. The total consumption indicated notable growth 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 increased by X% against 2020 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Ferro-Molybdenum Production in the EU

In value terms, ferro-molybdenum production declined modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Ferro-Molybdenum Exports

Exports in the EU

After two years of growth, overseas shipments of ferro-molybdenum decreased by X% to X tons in 2022. Over the period under review, exports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, ferro-molybdenum exports expanded to $X in 2022. In general, exports, however, continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

The Netherlands (X tons) and Belgium (X tons) dominates exports structure, together constituting X% of total exports. Germany (X tons) ranks next in terms of the total exports with a X% share, followed by France (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price showed a pronounced increase. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while France ($X per ton) was amongst the lowest.

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

Ferro-Molybdenum Imports

Imports in the EU

In 2022, supplies from abroad of ferro-molybdenum increased by X% to X tons, rising for the third consecutive year after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, ferro-molybdenum imports surged to $X in 2022. In general, imports saw a tangible increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands was the main importing country with an import of around X tons, which accounted for X% of total imports. Germany (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Italy (X%), Sweden (X%) and Belgium (X%). The following importers - Spain (X tons) and France (X tons) - each recorded an X% share of total imports.

The Netherlands was also the fastest-growing in terms of the ferro-molybdenum imports, with a CAGR of X% from 2012 to 2022. At the same time, Sweden (X%) displayed positive paces of growth. Belgium experienced a relatively flat trend pattern. By contrast, Italy (X%), Germany (X%), France (X%) and Spain (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.) significantly strengthened its position in terms of the total imports, while France, Italy, Spain and Germany saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported ferro-molybdenum in the European Union, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual growth rate of value in the Netherlands stood at X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price posted a temperate expansion. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Spain ($X per ton) and France ($X per ton), while Belgium ($X per ton) and Sweden ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform