Hong Kong SAR, China: Market for Roasted Molybdenum Ores and Concentrates 2024

Market Size for Roasted Molybdenum Ores and Concentrates in Hong Kong SAR, China

The Hong Kong market for roasted molybdenum ores and concentrateses was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption showed resilient growth. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Roasted Molybdenum Ores and Concentrates in Hong Kong SAR, China

In value terms, roasted molybdenum ores and concentrates production soared to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt downturn. Roasted molybdenum ores and concentrates production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Roasted Molybdenum Ores and Concentrates

Exports from Hong Kong SAR, China

In 2022, approx. X tons of roasted molybdenum ores and concentrateses were exported from Hong Kong SAR; growing by X% compared with the year before. In general, exports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, roasted molybdenum ores and concentrates exports surged to $X in 2022. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Vietnam (X tons) was the main destination for roasted molybdenum ores and concentrates exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, roasted molybdenum ores and concentrates exports to Vietnam exceeded the volume sent to the second major destination, India (X tons), eightfold. Malaysia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Malaysia (X% per year).

In value terms, the largest markets for roasted molybdenum ores and concentrates exported from Hong Kong SAR were India ($X), Vietnam ($X) and Belgium ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average export price for roasted molybdenum ores and concentrateses stood at $X per ton in 2022, increasing by X% against the previous year. Overall, export price indicated a resilient 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. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Vietnam ($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 Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Roasted Molybdenum Ores and Concentrates

Imports into Hong Kong SAR, China

In 2022, purchases abroad of roasted molybdenum ores and concentrateses increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, roasted molybdenum ores and concentrates imports soared to $X in 2022. Over the period under review, imports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) was the main supplier of roasted molybdenum ores and concentrates to Hong Kong SAR, with a X% share of total imports. Moreover, roasted molybdenum ores and concentrates imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belgium (X% per year).

In value terms, Germany ($X) constituted the largest supplier of roasted molybdenum ores and concentrateses to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average import price for roasted molybdenum ores and concentrateses amounted to $X per ton, stabilizing at the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average 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 ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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