Molybdenum; Wire Price in Canada - 2023
Contents:
- Molybdenum; Wire Price in Canada (CIF) - 2022
- Molybdenum; Wire Price in Canada (FOB) - 2022
- Molybdenum; Wire Imports in Canada
- Molybdenum; Wire Exports in Canada
Molybdenum; Wire Price in Canada (CIF) - 2022
The average molybdenum; wire import price stood at $43,539 per ton in 2022, increasing by 55% against the previous year. In general, the import price, however, saw a slight contraction. Over the period under review, average import prices hit record highs at $52,659 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($44,743 per ton) and the United States ($43,865 per ton), while the price for Switzerland ($32,193 per ton) and Israel ($41,141 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Molybdenum; Wire Price in Canada (FOB) - 2022
In 2022, the average molybdenum; wire export price amounted to $410,022 per ton, with an increase of 143% against the previous year. Over the period under review, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +15.7% per year.
Molybdenum; Wire Imports in Canada
For the third consecutive year, Canada recorded decline in supplies from abroad of molybdenum; wires, which decreased by -9.8% to 1.1 tons in 2022. In general, imports showed a deep slump.
In value terms, molybdenum; wire imports surged to $47K in 2022. Over the period under review, imports recorded a abrupt curtailment.
| Import of Molybdenum; Wire in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 21.9 | 11.9 | 8.7 | 24.0 | 3.1% |
| Austria | 17.7 | 15.5 | 4.1 | 11.4 | -13.6% |
| China | 3.4 | 1.2 | 0.1 | 8.8 | 37.3% |
| Israel | 0.9 | 0.7 | 0.4 | 1.3 | 13.0% |
| India | 0.1 | 0.1 | 0.3 | 0.8 | 100.0% |
| Sweden | N/A | N/A | 7.3 | N/A | 0% |
| Italy | 8.1 | 8.4 | 9.3 | N/A | 7.2% |
| Australia | 2.0 | 1.7 | 1.5 | N/A | -13.4% |
| Others | 2.0 | 4.7 | 1.5 | 0.4 | -41.5% |
| Total | 56.1 | 44.2 | 33.3 | 46.6 | -6.0% |
Top Suppliers of Molybdenum; Wire to Canada in 2022:
- United States (548.0 kg)
- Austria (260.0 kg)
- China (203.0 kg)
- Israel (31.0 kg)
- India (17.0 kg)
Molybdenum; Wire Exports in Canada
In 2022, the amount of molybdenum; wires exported from Canada dropped significantly to 12 kg, with a decrease of -45.5% compared with the previous year. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 214%. As a result, the exports attained the peak of 22 kg, and then fell rapidly in the following year.
In value terms, molybdenum; wire exports skyrocketed to $4.9K in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 506%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Molybdenum; Wire in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 4.9 | 0% |
| China | 1.0 | 0.1 | 3.7 | N/A | 92.4% |
| Saudi Arabia | N/A | 0.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.0 | 0.6 | 3.7 | 4.9 | 69.8% |
Top Export Markets for Molybdenum; Wire from Canada in 2022:
- United States (12.0 kg)
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