Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Hong Kong SAR - 2023

Contents:

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

Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for molybdenum; articles thereof, including waste and scrap, powderses amounted to $38,838 per ton, reducing by -8% against the previous year. In general, the import price faced a abrupt decline. The growth pace was the most rapid in 2015 when the average import price increased by 143% against the previous year. Over the period under review, average import prices reached the peak figure at $207,271 per ton in 2012; however, from 2013 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 Japan ($239,269 per ton), while the price for the UK ($24,347 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.1%), while the prices for the other major suppliers experienced a decline.

Price for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for molybdenum; articles thereof, including waste and scrap, powderses amounted to $125,589 per ton, approximately mirroring the previous year. In general, the export price posted a strong expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 28%. Over the period under review, the average export prices reached the maximum at $137,138 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($136,160 per ton), while the average price for exports to China ($109,471 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.7%).

Imports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Hong Kong SAR

In 2022, approx. 3.2 tons of molybdenum; articles thereof, including waste and scrap, powderses were imported into Hong Kong SAR; growing by 42% on the previous year. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 792% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of molybdenum; articles thereof, including waste and scrap, powderses soared to $124K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 522% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1.82.133.071.1240.6%
Japan16.110.138.748.144.0%
Singapore4.42.822.43.9-3.9%
Canada5.4N/AN/AN/A0%
Others0.50.30.80.817.0%
Total28.315.394.912463.6%

Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders to Hong Kong SAR in 2022:

  1. United Kingdom (2919.0 kg)
  2. Japan (201.0 kg)
  3. Singapore (52.0 kg)

Exports of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Hong Kong SAR

In 2022, shipments abroad of molybdenum; articles thereof, including waste and scrap, powderses decreased by 0% to 73 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, exports of molybdenum; articles thereof, including waste and scrap, powderses stood at $9.2K in 2022. Over the period under review, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Molybdenum; Articles Thereof, Including Waste and Scrap, Powders in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.4N/AN/A6.826.0%
China0.4N/AN/A1.968.1%
FranceN/AN/AN/A0.50%
IndonesiaN/AN/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total4.0N/AN/A9.232.0%

Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap, Powders from Hong Kong SAR in 2022:

  1. India (50.0 kg)
  2. China (17.0 kg)
  3. France (4.0 kg)
  4. Indonesia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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