EU: Market for Molybdenum Oxides And Hydroxides 2024

Market Size for Molybdenum Oxides And Hydroxides in the EU

The EU molybdenum oxides and hydroxides market surged to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption posted a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Molybdenum Oxides And Hydroxides in the EU

In value terms, molybdenum oxides and hydroxides production reduced slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a mild decrease. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Molybdenum Oxides And Hydroxides

Exports in the EU

In 2022, after five years of growth, there was significant decline in shipments abroad of molybdenum oxides and hydroxides, when their volume decreased by X% to X tons. Total exports indicated a pronounced increase from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, molybdenum oxides and hydroxides exports stood at $X in 2022. Overall, exports, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

The Netherlands was the largest exporting country with an export of about X tons, which reached X% of total exports. Germany (X tons) ranks second in terms of the total exports with a X% share, followed by the Czech Republic (X%) and France (X%). Belgium (X tons) took a relatively small share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of molybdenum oxides and hydroxides. At the same time, the Czech Republic (X%), France (X%), Germany (X%) and Belgium (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Germany, the Czech Republic, France and Belgium increased by X, X, X and X percentage points, respectively.

In value terms, the Netherlands ($X) remains the largest molybdenum oxides and hydroxides supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Germany, with a 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: the Czech Republic (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, rising by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Molybdenum Oxides And Hydroxides

Imports in the EU

For the sixth year in a row, the European Union recorded growth in supplies from abroad of molybdenum oxides and hydroxides, which increased by X% to X tons in 2022. Over the period under review, imports saw a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, molybdenum oxides and hydroxides imports expanded notably to $X in 2022. In general, imports showed prominent growth. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

The Czech Republic was the major importer of molybdenum oxides and hydroxides in the European Union, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by the Netherlands (X tons), Germany (X tons), Denmark (X tons) and France (X tons), together comprising a X% share of total imports. The following importers - Sweden (X tons) and Belgium (X tons) - each resulted at an X% share of total imports.

The Czech Republic was also the fastest-growing in terms of the molybdenum oxides and hydroxides imports, with a CAGR of X% from 2012 to 2022. At the same time, the Netherlands (X%), Denmark (X%) and Sweden (X%) displayed positive paces of growth. By contrast, France (X%), Germany (X%) and Belgium (X%) illustrated a downward trend over the same period. The Czech Republic (X p.p.), the Netherlands (X p.p.) and Denmark (X p.p.) significantly strengthened its position in terms of the total imports, while Sweden, France, Belgium and Germany saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X), Germany ($X) and Denmark ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. France, Sweden, Belgium and the Czech Republic lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, the Czech Republic, with a CAGR of X%, saw the highest growth rate of 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

The import price in the European Union stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price saw a mild decline. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the Czech Republic ($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.

Source: IndexBox Platform

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