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

Contents:

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

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

The average import price for molybdenum; articles thereof, including waste and scrap stood at $606,243 per ton in 2022, growing by 98% against the previous year. Over the period under review, the import price enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 an increase of 266% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

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 Italy ($2,671,667 per ton), while the price for France ($107,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for molybdenum; articles thereof, including waste and scrap stood at $62,622 per ton in 2022, which is down by -4.6% against the previous year. Over the period under review, the export price saw a pronounced decline. Over the period under review, the average export prices hit record highs at $75,600 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($64,100 per ton), while the average price for exports to France stood at $61,971 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-5.8%).

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

In 2022, supplies from abroad of molybdenum; articles thereof, including waste and scrap decreased by -41.3% to 37 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of 63 kg, and then shrank markedly in the following year.

In value terms, imports of molybdenum; articles thereof, including waste and scrap soared to $22K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 436% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.36.99.211.0232.2%
Italy0.31.51.78.0198.8%
China0.11.76.92.6196.2%
FranceN/AN/A0.50.740.0%
Spain1.31.70.2N/A-60.8%
BelgiumN/A0.10.1N/A0.0%
United KingdomN/A0.10.1N/A0.0%
United States0.20.50.5N/A58.1%
OthersN/AN/AN/AN/A0%
Total2.312.419.222.4113.6%

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

  1. China (15.0 kg)
  2. Germany (12.0 kg)
  3. France (7.0 kg)
  4. Italy (3.0 kg)

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

In 2022, approx. 98 kg of molybdenum; articles thereof, including waste and scrap were exported from Morocco; which is down by -47.6% on 2021. Over the period under review, exports faced a sharp slump.

In value terms, exports of molybdenum; articles thereof, including waste and scrap reduced sharply to $6.1K in 2022. In general, exports continue to indicate a sharp curtailment.

Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Morocco (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
France12.34.2-65.9%
ZambiaN/A1.90%
OthersN/AN/A0%
Total12.36.1-50.4%

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

  1. France (68.0 kg)
  2. Zambia (30.0 kg)

Source: IndexBox Market Intelligence Platform

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