Italy: Ferro-Molybdenum Market 2024

Ferro-Molybdenum Market Size in Italy

The Italian ferro-molybdenum market reached $X in 2022, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Ferro-Molybdenum Exports

Exports from Italy

Ferro-molybdenum exports from Italy stood at X tons in 2022, with an increase of X% compared with the previous year. Overall, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ferro-molybdenum exports soared to $X in 2022. In general, exports, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Bulgaria (X tons) and Belgium (X tons) were the main destinations of ferro-molybdenum exports from Italy, 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 Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), the Netherlands ($X) and Belgium ($X) appeared to be the largest markets for ferro-molybdenum exported from Italy worldwide, together comprising X% of total exports.

Among the main countries of destination, Belgium, 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

In 2022, the average ferro-molybdenum export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price saw strong growth. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Romania ($X per ton) and Bulgaria ($X per ton), while the average price for exports to the Netherlands ($X per ton) and the Czech Republic ($X per ton) were 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.

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Ferro-Molybdenum Imports

Imports into Italy

In 2022, approx. X tons of ferro-molybdenum were imported into Italy; dropping by X% against 2021 figures. Over the period under review, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, ferro-molybdenum imports amounted to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest ferro-molybdenum supplier to Italy, with a X% share of total imports. Moreover, ferro-molybdenum imports from the Netherlands exceeded the figures recorded by the second-largest supplier, South Korea (X tons), sixfold. Belgium (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Belgium (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of ferro-molybdenum to Italy, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with an X% share of total imports. It was followed by Belgium, with a X% share.

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

Import Prices by Country

In 2022, the average ferro-molybdenum import price amounted to $X per ton, surging by X% against the previous year. Overall, import price indicated a measured 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, ferro-molybdenum import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Romania ($X per ton) and France ($X per ton), while the price for Germany ($X per ton) and South Korea ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform