Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Spain - 2023
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Spain (CIF) - 2023
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Spain (FOB) - 2022
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Spain
- Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Spain
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Spain (CIF) - 2023
In November 2023, the average import price for molybdenum; articles thereof, including waste and scrap amounted to $62,549 per ton, declining by -24% against the previous month. Overall, the import price, however, recorded a mild increase. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 154% month-to-month. The import price peaked at $95,035 per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +11.6% per month.
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Spain (FOB) - 2022
In 2022, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $27,727 per ton, jumping by 147% against the previous year. Over the period under review, the export price saw a strong 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 Germany ($75,179 per ton), while the average price for exports to the UK ($16,395 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 Portugal (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Spain
Imports of molybdenum; articles thereof, including waste and scrap into Spain soared to 43 tons in 2022, with an increase of 30% compared with 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of molybdenum; articles thereof, including waste and scrap soared to $2.1M in 2022. In general, imports posted a resilient expansion. 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 Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 242 | 75.9 | 120 | 592 | 34.7% |
Netherlands | 3.7 | 4.5 | 35.2 | 400 | 376.4% |
United Kingdom | 308 | 99.6 | 31.9 | 375 | 6.8% |
United States | 176 | 3.0 | 43.8 | 171 | -1.0% |
Estonia | N/A | 78.6 | 173 | 157 | 41.3% |
Italy | 305 | 64.7 | 31.6 | 154 | -20.4% |
France | 152 | 65.1 | 21.5 | 28.7 | -42.6% |
Portugal | 22.6 | 29.6 | 118 | 8.9 | -26.7% |
China | 247 | 154 | 62.1 | 5.7 | -71.5% |
Others | 130 | 83.4 | 122 | 197 | 14.9% |
Total | 1,587 | 659 | 759 | 2,090 | 9.6% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to Spain in 2022:
- United Kingdom (13.6 tons)
- Germany (11.3 tons)
- Netherlands (5.8 tons)
- Italy (5.6 tons)
- Estonia (2.2 tons)
- United States (1.9 tons)
- France (1.8 tons)
- Portugal (0.3 tons)
- China (0.3 tons)
Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Spain
In 2022, the amount of molybdenum; articles thereof, including waste and scrap exported from Spain shrank notably to 22 tons, waning by -85.1% against the previous year. Overall, exports recorded a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 761%. As a result, the exports attained the peak of 148 tons, and then reduced markedly in the following year.
In value terms, exports of molybdenum; articles thereof, including waste and scrap shrank notably to $612K in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 617%. As a result, the exports attained the peak of $1.7M, and then contracted rapidly in the following year.
Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 40.2 | 68.0 | 300 | 266 | 87.7% |
United States | N/A | N/A | N/A | 133 | 0% |
Germany | N/A | 1.3 | N/A | 109 | 815.7% |
Portugal | 9.2 | 8.5 | 33.6 | 91.6 | 115.1% |
Italy | 425 | 0.1 | N/A | 0.3 | -91.1% |
Belgium | N/A | N/A | 1,251 | N/A | 0% |
Netherlands | N/A | 102 | N/A | N/A | 0% |
Others | 144 | 52.5 | 78.3 | 11.5 | -56.9% |
Total | 619 | 232 | 1,664 | 612 | -0.4% |
Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from Spain in 2022:
- United Kingdom (16.2 tons)
- United States (2.5 tons)
- Portugal (1.7 tons)
- Germany (1.5 tons)
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