Spain: Molybdenum Market 2022

Molybdenum Market Size in Spain

The Spanish molybdenum market reduced markedly to $X in 2021, dropping 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). Over the period under review, consumption recorded a slight decrease. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Molybdenum Exports

Exports from Spain

After two years of decline, shipments abroad of molybdenum increased by X% to X tonnes in 2021. In general, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports hit record highs at X tonnes in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, molybdenum exports soared to $X in 2021. Overall, exports, however, saw a abrupt contraction. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Austria (X tonnes) was the main destination for molybdenum exports from Spain, with a X% share of total exports. Moreover, molybdenum exports to Austria exceeded the volume sent to the second major destination, the UK (X kg), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Austria was relatively modest.

Export Prices by Country

In 2021, the average molybdenum export price amounted to $X per tonne, reducing by -X% against the previous year. In general, the export price, however, recorded slight growth. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per tonne, and then dropped significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Austria ($X per tonne), while the average price for exports to the UK stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%).

Molybdenum Imports

Imports into Spain

In 2021, purchases abroad of molybdenum decreased by -X% to X tonnes, falling for the sixth consecutive year after two years of growth. In general, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, molybdenum imports fell to $X in 2021. Over the period under review, imports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Estonia (X tonnes) constituted the largest supplier of molybdenum to Spain, accounting for a X% share of total imports. Moreover, molybdenum imports from Estonia exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), fivefold. The third position in this ranking was occupied by France (X kg), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Estonia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and France (-X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value from Estonia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and France (-X% per year).

Import Prices by Country

The average molybdenum import price stood at $X per tonne in 2021, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, import price attained the peak level of $X per tonne. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform