Molybdenum; Wire Price in New Zealand - 2023
Contents:
Molybdenum; Wire Price in New Zealand (CIF) - 2022
In 2022, the average molybdenum; wire import price amounted to $91,174 per ton, remaining stable against the previous year. Over the period under review, the import price continues to indicate a pronounced increase. The growth pace was the most rapid in 2014 an increase of 13%. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($216,000 per ton), while the price for Thailand ($3,000 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Molybdenum; Wire Imports in New Zealand
Molybdenum; wire imports into New Zealand totaled 23 kg in 2022, leveling off at the previous year. In general, imports continue to indicate a deep contraction. The smallest decline of 99.9% was in 2021.
In value terms, molybdenum; wire imports amounted to $2.1K in 2022. Overall, imports posted a prominent increase. The smallest decline of 99.9% was in 2021. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Molybdenum; Wire in New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Australia | 1,500 | N/A | 1,878 | 11.9% | |
| China | 241 | N/A | 216 | -5.3% | |
| Thailand | 1.0 | N/A | 3.0 | 73.2% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 1,742 | N/A | 2,097 | 9.7% | |
Top Suppliers of Molybdenum; Wire to New Zealand in 2022:
- Australia (21.0 kg)
- Thailand (1.0 kg)
- China (1.0 kg)
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