EU: Molybdenum Market 2022

Molybdenum Market Size in the EU

After two years of decline, the EU molybdenum market increased by X% to $X in 2021. In general, consumption, however, recorded strong growth. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Molybdenum Production in the EU

In value terms, molybdenum production surged to $X in 2021 estimated in export price. Overall, production enjoyed a notable increase. The growth pace was the most rapid in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Production By Country in the EU

The countries with the highest volumes of in 2021 were the Netherlands (X tonnes), Bulgaria (X tonnes) and Austria (X tonnes), with a combined X% share of total production. Sweden, Belgium, Estonia and Cyprus lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Cyprus (with a CAGR of +X%), while production for the other leaders experienced more modest paces of growth.

Molybdenum Exports

Exports in the EU

After two years of growth, shipments abroad of molybdenum decreased by -X% to X tonnes in 2021. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2019 when exports increased by X%. The volume of export peaked at X tonnes in 2020, and then contracted markedly in the following year.

In value terms, molybdenum exports amounted to $X in 2021. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in years to come.

Exports by Country

The Netherlands was the largest exporter of molybdenum in the European Union, with the volume of exports amounting to X tonnes, which was near X% of total exports in 2021. Estonia (X tonnes) held the second position in the ranking, distantly followed by Germany (X tonnes). All these countries together occupied approx. X% share of total exports. The following exporters - Belgium (X tonnes) and Austria (X tonnes) - each amounted to a X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to molybdenum exports from the Netherlands stood at +X%. At the same time, Estonia (+X%) and Austria (+X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2012-2021. By contrast, Belgium (-X%) and Germany (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands, Estonia, Germany and Austria increased by +X, +X, +X and +X percentage points, respectively.

In value terms, the Netherlands ($X) remains the largest molybdenum supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by Estonia ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2021, the average annual growth rate of value in the Netherlands stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Estonia (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2021, the e in the European Union amounted to $X per tonne, picking up by X% against the previous year. Overall, the export price saw buoyant growth. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of export peaked at $X per tonne in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per tonne), while Estonia ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+X%), while the other leaders experienced more modest paces of growth.

Molybdenum Imports

Imports in the EU

In 2021, overseas purchases of molybdenum decreased by -X% to X tonnes for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tonnes in 2020, and then dropped notably in the following year.

In value terms, molybdenum imports rose modestly to $X in 2021. Overall, imports, however, recorded prominent growth. The pace of growth was the most pronounced in 2014 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tonnes) and France (X tonnes) were the main importers of molybdenum in the European Union, together accounting for near X% of total imports. Germany (X tonnes) ranks next in terms of the total imports with a X% share, followed by Estonia (X%) and Austria (X%).

From 2012 to 2021, the biggest increases were in Estonia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising X% of total imports. These countries were followed by Austria and Estonia, which together accounted for a further X the main importing countries, Estonia, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the i in the European Union amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the import price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price attained the peak level of $X per tonne. From 2015 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($X per tonne), while Estonia ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform