Price for Molybdenum; Articles Thereof, Including Waste and Scrap in South Africa - 2024

Contents:

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

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

In 2022, the average import price for molybdenum; articles thereof, including waste and scrap amounted to $27,224 per ton, declining by -4.9% against the previous year. In general, the import price, however, posted a mild expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 97% against the previous year. As a result, import price attained the peak level of $59,077 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 Germany ($30,306 per ton), while the price for China ($16,685 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+21.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for molybdenum; articles thereof, including waste and scrap stood at $13,444 per ton in 2022, with an increase of 11% against the previous year. Overall, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 769% against the previous year. The export price peaked at $24,796 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($19,000 per ton), while the average price for exports to Swaziland ($11,742 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+932.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of molybdenum; articles thereof, including waste and scrap was finally on the rise to reach 408 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt slump.

In value terms, imports of molybdenum; articles thereof, including waste and scrap totaled $11M in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil7.24.83.46.8-1.9%
GermanyN/A0.13.21.9335.9%
China1.61.20.51.0-14.5%
United Kingdom0.9N/A0.5N/A-25.5%
Netherlands0.3N/AN/AN/A0%
Others3.11.82.51.5-21.5%
Total13.07.910.211.1-5.1%

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

  1. Brazil (282.0 tons)
  2. Germany (61.4 tons)
  3. China (58.4 tons)

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

Exports of molybdenum; articles thereof, including waste and scrap from South Africa contracted dramatically to 54 kg in 2022, shrinking by -94.9% against the previous year's figure. In general, exports continue to indicate a precipitous decrease. The smallest decline of -19% was in 2021.

In value terms, exports of molybdenum; articles thereof, including waste and scrap declined significantly to $726 in 2022. Overall, exports continue to indicate a precipitous setback. The smallest decline of -55% was in 2021.

Export of Molybdenum; Articles Thereof, Including Waste and Scrap in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwazilandN/AN/AN/A0.40%
United Kingdom393N/A12.30.3-90.9%
Ireland88.3N/AN/AN/A0%
Namibia0.5N/AN/AN/A0%
TanzaniaN/A27.5N/AN/A0%
OthersN/A1.20.6N/A-50.0%
Total48228.712.90.7-88.7%

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

  1. Swaziland (31.0 kg)
  2. United Kingdom (22.0 kg)
  3. Namibia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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