Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Kuwait - 2022
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Kuwait (CIF) - 2022
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Kuwait (FOB) - 2022
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Kuwait
- Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Kuwait
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Kuwait (CIF) - 2022
In 2022, the average import price for molybdenum; articles thereof, including waste and scrap amounted to $107,546 per ton, rising by 800% against the previous year. Overall, the import price recorded a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lebanon ($119,857 per ton), while the price for China ($106,731 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Kuwait (FOB) - 2022
In 2021, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $221 per ton, remaining relatively unchanged against the previous year. In general, the export price showed a sharp slump. The most prominent rate of growth was recorded in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices attained the maximum at $2,261 per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Pakistan.
From 2013 to 2021, the rate of growth in terms of prices for Pakistan amounted to -25.2% per year.
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Kuwait
Imports of molybdenum; articles thereof, including waste and scrap into Kuwait contracted markedly to 273 kg in 2022, shrinking by -90.8% compared with 2021. In general, imports faced a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 208% against the previous year. As a result, imports attained the peak of 3 tons, and then contracted remarkably in the following year.
In value terms, imports of molybdenum; articles thereof, including waste and scrap shrank notably to $29K in 2022. Overall, imports recorded a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 37%. As a result, imports reached the peak of $35K, and then declined significantly in the following year.
Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.5 | 13.3 | 23.4 | 27.0 | 13.4% |
Lebanon | N/A | N/A | N/A | 1.7 | 0% |
Germany | 0.6 | 0.7 | 0.8 | 0.7 | 5.3% |
United Kingdom | 2.4 | 2.4 | 4.2 | N/A | 32.3% |
France | 0.8 | 0.6 | 0.6 | N/A | -13.4% |
India | 0.7 | 0.6 | 0.8 | N/A | 6.9% |
Egypt | N/A | N/A | 2.4 | N/A | 0% |
United Arab Emirates | 0.3 | 0.3 | 0.6 | N/A | 41.4% |
United States | 6.3 | 2.3 | 0.6 | N/A | -69.1% |
Others | 1.9 | 5.7 | 1.8 | N/A | -2.7% |
Total | 31.5 | 25.8 | 35.3 | 29.4 | -2.3% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to Kuwait in 2022:
- China (253.0 kg)
- Lebanon (14.0 kg)
- Germany (6.0 kg)
Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Kuwait
In 2021, approx. 7.5 tons of molybdenum; articles thereof, including waste and scrap were exported from Kuwait; flattening at 2020. Over the period under review, exports continue to indicate a precipitous setback. The smallest decline of 99.9% was in 2020.
In value terms, exports of molybdenum; articles thereof, including waste and scrap amounted to $1.7K in 2021. In general, exports showed a precipitous contraction. The smallest decline of 99.9% was in 2020.
Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Pakistan | 9.9 | N/A | 1.7 | -58.6% | |
Others | N/A | N/A | N/A | 0% | |
Total | 9.9 | N/A | 1.7 | -58.6% |
Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from Kuwait in 2022:
- Pakistan (7.5 tons)
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