Molybdenum; Wire Price in Romania - 2023

Contents:

  1. Molybdenum; Wire Price in Romania (CIF) - 2022
  2. Molybdenum; Wire Price in Romania (FOB) - 2022
  3. Molybdenum; Wire Imports in Romania
  4. Molybdenum; Wire Exports in Romania

Molybdenum; Wire Price in Romania (CIF) - 2022

In 2022, the average molybdenum; wire import price amounted to $6,426 per ton, jumping by 43% against the previous year. Overall, the import price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 666%. The import price peaked at $75,422 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($13,630 per ton), while the price for Poland ($2,681 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+3,943.9%), while the prices for the other major suppliers experienced a decline.

Molybdenum; Wire Price in Romania (FOB) - 2022

In 2022, the average molybdenum; wire export price amounted to $40,820 per ton, waning by -7.2% against the previous year. Overall, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of 43%. Over the period under review, the average export prices attained the peak figure at $227,333 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($49,548 per ton), while the average price for exports to Italy totaled $16,520 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-3.7%).

Molybdenum; Wire Imports in Romania

In 2022, supplies from abroad of molybdenum; wires decreased by -71.8% to 11 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 114%. As a result, imports reached the peak of 52 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, molybdenum; wire imports shrank rapidly to $69K in 2022. Over the period under review, imports saw a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 1.1%. As a result, imports attained the peak of $207K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Molybdenum; Wire in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany97.151.650.528.2-33.8%
Czech RepublicN/AN/A22.919.3-15.7%
Italy47.656.110.04.2-55.5%
Poland2.360.576.61.3-17.3%
BulgariaN/A11.92.0N/A-83.2%
Others57.326.69.316.0-34.6%
Total20420717169.1-30.3%

Top Suppliers of Molybdenum; Wire to Romania in 2022:

  1. Czech Republic (7.2 tons)
  2. Germany (2.1 tons)
  3. Italy (0.9 tons)
  4. Poland (0.5 tons)

Molybdenum; Wire Exports in Romania

In 2022, the amount of molybdenum; wires exported from Romania reached 13 kg, increasing by 8.3% against 2021 figures. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 100%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, molybdenum; wire exports declined slightly to $526 in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 6.3% against the previous year.

Export of Molybdenum; Wire in Romania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands492N/AN/A470-1.5%
ItalyN/A52352856.0-67.3%
OthersN/AN/AN/AN/A0%
Total4925235285262.3%

Top Export Markets for Molybdenum; Wire from Romania in 2022:

  1. Netherlands (9.0 kg)
  2. Italy (3.0 kg)

Source: IndexBox Market Intelligence Platform

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