South-Eastern Asia: Molybdenum Market 2024

Molybdenum Market Size in South-Eastern Asia

The Southeast Asian molybdenum market expanded notably to $X in 2022, picking up by X% against the previous year. In general, consumption, however, saw a buoyant expansion. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Molybdenum Production in South-Eastern Asia

In value terms, molybdenum production rose rapidly to $X in 2022 estimated in export price. Overall, production continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Molybdenum Exports

Exports in South-Eastern Asia

In 2022, approx. X tons of molybdenum were exported in South-Eastern Asia; which is down by X% compared with the previous year's figure. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, molybdenum exports contracted sharply to $X in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Indonesia dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. Singapore (X kg) followed a long way behind the leaders.

Exports from Indonesia increased at an average annual rate of X% from 2012 to 2022. At the same time, Singapore (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Singapore increased by X percentage points.

In value terms, Indonesia ($X) emerged as the largest molybdenum supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports.

In Indonesia, molybdenum exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, which is down by X% against the previous year. Overall, the export price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2021, and then declined remarkably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Indonesia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%).

Molybdenum Imports

Imports in South-Eastern Asia

In 2022, the amount of molybdenum imported in South-Eastern Asia shrank remarkably to X tons, falling by X% on the previous year's figure. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, molybdenum imports contracted significantly to $X in 2022. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Malaysia was the major importer of molybdenum in South-Eastern Asia, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. Thailand (X kg) took the second position in the ranking, distantly followed by the Philippines (X kg). All these countries together took near X% share of total imports. The following importers - Vietnam (X kg) and Singapore (X kg) - each reached a X% share of total imports.

Imports into Malaysia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Thailand (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Vietnam (X%), the Philippines (X%) and Singapore (X%) illustrated a downward trend over the same period. Thailand (X p.p.), Malaysia (X p.p.) and Singapore (X p.p.) significantly strengthened its position in terms of the total imports, while the Philippines saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest molybdenum importing markets in South-Eastern Asia were Thailand ($X), the Philippines ($X) and Malaysia ($X), with a combined X% share of total imports.

In terms of the main importing countries, Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the import price enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices failed to regain momentum.

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 the Philippines ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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