Portugal: Molybdenum Market 2022

Molybdenum Market Size in Portugal

The Portuguese molybdenum market skyrocketed to $X in 2021, picking up by X% against 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). Overall, consumption continues to indicate a perceptible decrease. Molybdenum consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Molybdenum Exports

Exports from Portugal

In 2021, shipments abroad of molybdenum decreased by X% to less than X kg, falling for the third consecutive year after seven years of growth. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports reached the peak of X kg. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, molybdenum exports stood at $less than X in 2021. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X kg) was the main destination for molybdenum exports from Portugal, with a X% share of total exports. Moreover, molybdenum exports to Italy exceeded the volume sent to the second major destination, the Netherlands (X kg), ninefold.

From 2012 to 2019, the average annual rate of growth in terms of volume to Italy was relatively modest.

In value terms, Italy ($X) emerged as the key foreign market for molybdenum exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of value to Italy was relatively modest.

Export Prices by Country

The average molybdenum export price stood at $X per tonne in 2019, picking up by X% against the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked in 2019 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Italy ($X per tonne), while the average price for exports to the Netherlands stood at $X per tonne.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%).

Molybdenum Imports

Imports into Portugal

In 2021, imports of molybdenum into Portugal fell modestly to X tonnes, waning by -X% compared with the previous year's figure. Over the period under review, imports recorded a abrupt descent. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, molybdenum imports surged to $X in 2021. In general, imports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X tonnes) was the main supplier of molybdenum to Portugal, accounting for a X% share of total imports. Moreover, molybdenum imports from France exceeded the figures recorded by the second-largest supplier, the UK (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from France totaled -X%.

In value terms, France ($X) constituted the largest supplier of molybdenum to Portugal, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from France totaled -X%.

Import Prices by Country

In 2021, the average molybdenum import price amounted to $X per tonne, jumping by X% against the previous year. In general, the import price enjoyed a moderate increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per tonne), while the price for France amounted to $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+X%).

Source: IndexBox Platform