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

Contents:

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

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

The average import price for molybdenum; articles thereof, including waste and scrap stood at $41,903 per ton in 2022, with an increase of 92% against the previous year. Overall, the import price posted a perceptible increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 169%. As a result, import price attained the peak level of $83,479 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($65,379 per ton), while the price for Italy ($3,548 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 (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $231,665 per ton, picking up by 1,764% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 2,875% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2016 to 2022, the rate of growth in terms of prices for Poland amounted to +96.1% per year.

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

In 2022, overseas purchases of molybdenum; articles thereof, including waste and scrap decreased by -37.3% to 25 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a significant decline. The pace of growth was the most pronounced in 2020 when imports increased by 0.4%. As a result, imports reached the peak of 54 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of molybdenum; articles thereof, including waste and scrap soared to $1M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany45924267786323.4%
United Kingdom3293621.457.5-44.1%
PolandN/A60.876.925.2-35.6%
SpainN/AN/AN/A9.80%
Italy36.956.710.48.3-39.2%
Hungary0.7N/A4.21.837.0%
Others76.984.594.876.1-0.3%
Total9028078651,0424.9%

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

  1. Germany (13.2 tons)
  2. Poland (6.7 tons)
  3. Italy (2.3 tons)
  4. United Kingdom (1.0 tons)
  5. Hungary (0.4 tons)
  6. Spain (0.4 tons)

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

For the third year in a row, Romania recorded decline in shipments abroad of molybdenum; articles thereof, including waste and scrap, which decreased by -61.4% to 191 kg in 2022. Overall, exports saw a precipitous decline. The smallest decline of -33.6% was in 2021.

In value terms, exports of molybdenum; articles thereof, including waste and scrap skyrocketed to $44K in 2022. Over the period under review, exports showed a sharp curtailment.

Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/A15.30.544.270.0%
India1,249N/AN/AN/A0%
Others30.75.35.7N/A-56.9%
Total1,28020.66.244.2-67.4%

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

  1. Poland (188.0 kg)

Source: IndexBox Market Intelligence Platform

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