Report Update Apr 1, 2024

Turkey - Molybdenum Ore - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Molybdenum Ore Market 2022

Molybdenum Ore Market Size in Turkey

In 2021, the Turkish molybdenum ore market increased by 20% to $X, rising for the sixth consecutive year after two years of decline. The market value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the near future.

Molybdenum Ore Production in Turkey

In value terms, molybdenum ore production stood at $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. Molybdenum ore production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Molybdenum Ore Exports

Exports from Turkey

In 2021, approx. X tons of molybdenum ores were exported from Turkey; picking up by 13% compared with 2020. Overall, total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +81.9% against 2012 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, molybdenum ore exports rose notably to $X in 2021. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons) was the main destination for molybdenum ore exports from Turkey, with a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to India totaled +37.3%.

In value terms, India ($X) also remains the key foreign market for molybdenum ore exports from Turkey.

From 2012 to 2021, the average annual rate of growth in terms of value to India totaled +29.6%.

Export Prices by Country

The average molybdenum ore export price stood at $X per ton in 2021, reducing by -5.5% against the previous year. In general, the export price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2015 when the average export price decreased by -2.8% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +1.3% per year.

Molybdenum Ore Imports

Imports into Turkey

In 2021, supplies from abroad of molybdenum ores increased by 67% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 200% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, molybdenum ore imports surged to $X in 2021. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 220%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of molybdenum ore to Turkey, with a 89% share of total imports. Moreover, molybdenum ore imports from Russia exceeded the figures recorded by the second-largest supplier, Iran (X tons), ninefold.

From 2012 to 2021, the average annual growth rate of volume from Russia totaled +59.0%.

In value terms, Russia ($X) constituted the largest supplier of molybdenum ore to Turkey, comprising 85% of total imports. The second position in the ranking was held by Iran ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia amounted to +54.8%.

Import Prices by Country

In 2021, the average molybdenum ore import price amounted to $X per ton, with a decrease of -2.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 6.5% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Iran ($X per ton), while the price for Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for molybdenum ore in the world?

The countries with the highest volumes of consumption in 2021 were Chile, the United States and Japan, with a combined 41% share of global consumption. These countries were followed by China, South Korea, Canada, Brazil, Belgium, the UK, India, Mexico, the Netherlands and the Philippines, which together accounted for a further 43%.

What are the largest producers of molybdenum ore in the world?

The countries with the highest volumes of production in 2021 were Chile, the United States and Peru, with a combined 63% share of global production. Mexico, Canada, China and Armenia lagged somewhat behind, together comprising a further 27%.

What are the leading suppliers of molybdenum ore to Turkey?

In value terms, Russia constituted the largest supplier of molybdenum ore to Turkey, comprising 85% of total imports. The second position in the ranking was held by Iran, with a 14% share of total imports.

What are the leading importers of molybdenum ore from Turkey?

In value terms, India remains the key foreign market for molybdenum ore exports from Turkey.

What is the average export price for molybdenum ore in Turkey?

In 2021, the average molybdenum ore export price amounted to $13,851 per ton, with a decrease of -5.5% against the previous year.

What is the average import price for molybdenum ore in Turkey?

In 2021, the average molybdenum ore import price amounted to $15,168 per ton, which is down by -2.8% against the previous year.

This report provides an in-depth analysis of the molybdenum ore market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 07291925 -
Prodcom 07291926 -

Country coverage:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023