Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Germany - 2023

Contents:

  1. Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Germany (CIF) - 2022
  2. Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Germany (FOB) - 2023
  3. Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Germany
  4. Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Germany

Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Germany (CIF) - 2022

The average import price for molybdenum; articles thereof, including waste and scrap stood at $50,775 per ton in 2022, growing by 13% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for molybdenum; articles thereof, including waste and scrap increased by +48.5% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 31%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 ($72,649 per ton), while the price for France ($21,922 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Germany (FOB) - 2023

The average export price for molybdenum; articles thereof, including waste and scrap stood at $72,856 per ton in November 2023, dropping by -2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in August 2023 when the average export price increased by 26% month-to-month. Over the period under review, the average export prices hit record highs at $91,070 per ton in March 2023; however, from April 2023 to November 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the United States ($115K per ton), while the average price for exports to the UK ($49,332 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Germany

In 2022, the amount of molybdenum; articles thereof, including waste and scrap imported into Germany expanded notably to 2.9K tons, with an increase of 11% compared with 2021. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of molybdenum; articles thereof, including waste and scrap surged to $145M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria40.833.651.460.313.9%
Netherlands1.522.431.544.6209.8%
United States10.59.310.514.411.1%
China38.74.57.38.3-40.1%
United Kingdom2.17.86.27.250.8%
France0.60.61.51.432.6%
Others10.75.16.58.6-7.0%
Total10583.411514511.4%

Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to Germany in 2022:

  1. Austria (1131.2 tons)
  2. Netherlands (992.6 tons)
  3. United States (211.6 tons)
  4. United Kingdom (143.7 tons)
  5. China (114.0 tons)
  6. France (65.2 tons)

Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Germany

In 2022, the amount of molybdenum; articles thereof, including waste and scrap exported from Germany dropped slightly to 1.5K tons, shrinking by -3.3% against the year before. Overall, exports showed a slight contraction. The growth pace was the most rapid in 2021 with an increase of 56%.

In value terms, exports of molybdenum; articles thereof, including waste and scrap expanded significantly to $82M in 2022. In general, total exports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 76% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria8.85.718.913.515.3%
United States13.17.016.712.8-0.8%
France3.96.24.412.045.4%
Japan7.33.810.210.011.1%
United Kingdom6.03.72.97.89.1%
Estonia0.2N/A1.16.4217.5%
Netherlands3.22.13.23.64.0%
Sweden2.11.01.93.619.7%
Italy1.00.61.32.026.0%
Belgium5.52.13.20.7-49.7%
China4.91.40.90.6-50.3%
Russia9.52.30.1N/A-89.7%
Others5.75.78.38.916.0%
Total71.341.673.281.94.7%

Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from Germany in 2022:

  1. Austria (238.3 tons)
  2. France (223.5 tons)
  3. United States (212.8 tons)
  4. United Kingdom (189.2 tons)
  5. Japan (167.2 tons)
  6. Estonia (129.5 tons)
  7. Netherlands (72.9 tons)
  8. Sweden (66.0 tons)
  9. Italy (35.3 tons)
  10. Belgium (12.0 tons)
  11. China (4.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Molybdenum; articles thereof, including waste and scrap - Germany