Molybdenum; Wire Price in Egypt - 2023
Contents:
Molybdenum; Wire Price in Egypt (CIF) - 2022
In 2022, the average molybdenum; wire import price amounted to $96,719 per ton, growing by 11% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 220% against the previous year. The import price peaked at $103,201 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($96,719 per ton), while the price for China ($96,719 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+54.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Molybdenum; Wire Imports in Egypt
In 2022, approx. 698 kg of molybdenum; wires were imported into Egypt; jumping by 38% against the previous year. Over the period under review, imports, however, saw a abrupt downturn.
In value terms, molybdenum; wire imports skyrocketed to $68K in 2022. In general, imports, however, continue to indicate a mild downturn.
Import of Molybdenum; Wire in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.5 | 16.9 | 17.8 | 41.4 | 45.3% |
Germany | N/A | N/A | N/A | 13.2 | 0% |
India | 53.2 | 45.1 | 17.7 | 13.0 | -37.5% |
Hungary | 4.6 | 8.9 | 8.9 | N/A | 39.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 71.3 | 70.9 | 44.4 | 67.5 | -1.8% |
Top Suppliers of Molybdenum; Wire to Egypt in 2022:
- China (428.0 kg)
- Germany (136.0 kg)
- India (134.0 kg)
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