Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Saudi Arabia - 2022
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Saudi Arabia (FOB) - 2022
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Saudi Arabia (CIF) - 2022
- Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Saudi Arabia
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Saudi Arabia
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Saudi Arabia (FOB) - 2022
In 2021, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $38,132 per ton, surging by 537% against the previous year. Overall, the export price recorded a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($69,308 per ton), while the average price for exports to Egypt ($272 per ton) was amongst the lowest.
From 2018 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+31.3%), while the prices for the other major destinations experienced a decline.
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Saudi Arabia (CIF) - 2022
In 2021, the average import price for molybdenum; articles thereof, including waste and scrap amounted to $36,913 per ton, jumping by 79% against the previous year. In general, the import price, however, recorded a deep slump. Over the period under review, average import prices hit record highs at $58,857 per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for North Macedonia.
From 2014 to 2021, the rate of growth in terms of prices for North Macedonia amounted to -0.9% per year.
Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Saudi Arabia
In 2022, shipments abroad of molybdenum; articles thereof, including waste and scrap decreased by -98.4% to 199 kg, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 933% against the previous year. As a result, the exports reached the peak of 27 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of molybdenum; articles thereof, including waste and scrap declined remarkably to $4.8K in 2022. In general, exports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2020 when exports increased by 969% against the previous year.
| Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Saudi Arabia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| France | N/A | N/A | 433 | 0% |
| Germany | N/A | 8.2 | 17.1 | 108.5% |
| Turkey | N/A | N/A | 5.7 | 0% |
| Egypt | N/A | 5.4 | 1.9 | -64.8% |
| Somalia | 15.2 | N/A | 1.6 | -67.6% |
| United Kingdom | N/A | N/A | 1.1 | 0% |
| Sudan | N/A | 16.8 | N/A | 0% |
| Oman | N/A | 18.7 | N/A | 0% |
| United Arab Emirates | N/A | 28.6 | N/A | 0% |
| Bahrain | N/A | 22.9 | N/A | 0% |
| Others | N/A | 62.0 | N/A | 0% |
| Total | 15.2 | 163 | 460 | 450.1% |
Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from Saudi Arabia in 2022:
- Egypt (7.0 tons)
- France (6.2 tons)
- Turkey (1.6 tons)
- Germany (1.1 tons)
- United Kingdom (0.7 tons)
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Saudi Arabia
In 2021, the amount of molybdenum; articles thereof, including waste and scrap imported into Saudi Arabia declined dramatically to 85 tons, which is down by -57.5% compared with the previous year's figure. In general, imports recorded a dramatic descent.
In value terms, imports of molybdenum; articles thereof, including waste and scrap fell notably to $3.1M in 2021. Overall, imports continue to indicate a precipitous setback.
| Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Saudi Arabia (Million USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| North Macedonia | 3.6 | 2.7 | -25.0% |
| China | 0.3 | N/A | 0% |
| Others | 0.3 | 0.4 | 33.3% |
| Total | 4.1 | 3.1 | -24.4% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to Saudi Arabia in 2022:
- North Macedonia (37.6 tons)
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