Price for Molybdenum; Waste and Scrap in Germany - 2023
Contents:
- Price for Molybdenum; Waste and Scrap in Germany (CIF) - 2023
- Price for Molybdenum; Waste and Scrap in Germany (FOB) - 2023
- Imports of Molybdenum; Waste and Scrap in Germany
- Exports of Molybdenum; Waste and Scrap in Germany
Price for Molybdenum; Waste and Scrap in Germany (CIF) - 2023
The average molybdenum; waste and scrap import price stood at $47,433 per ton in August 2023, declining by -24% against the previous month. Overall, the import price, however, showed a temperate expansion. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 35% against the previous month. The import price peaked at $76,444 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was China ($78,131 per ton), while the price for India ($6,107 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Molybdenum; Waste and Scrap in Germany (FOB) - 2023
The average molybdenum; waste and scrap export price stood at $73,434 per ton in August 2023, surging by 225% against the previous month. Overall, the export price showed a resilient 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 the country of destination: the country with the highest price was the UK ($80,989 per ton), while the average price for exports to the Czech Republic ($32,290 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Molybdenum; Waste and Scrap in Germany
For the fourth consecutive year, Germany recorded growth in purchases abroad of molybdenum; waste and scraps, which increased by 11% to 1.9K tons in 2022. The total import volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, molybdenum; waste and scrap imports skyrocketed to $78M in 2022. Over the period under review, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Molybdenum; Waste and Scrap in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.1 | 17.0 | 19.4 | 32.5 | 209.1% |
| Austria | 18.9 | 12.7 | 26.7 | 30.8 | 17.7% |
| United Kingdom | 0.7 | 5.8 | 5.3 | 6.8 | 113.4% |
| China | 21.8 | N/A | 1.8 | 1.8 | -56.5% |
| France | 0.2 | 0.1 | 1.0 | 1.1 | 76.5% |
| Estonia | N/A | 0.1 | N/A | 0.5 | 123.6% |
| Others | 3.1 | 2.2 | 3.1 | 4.9 | 16.5% |
| Total | 45.9 | 37.8 | 57.4 | 78.4 | 19.5% |
Top Suppliers of Molybdenum; Waste and Scrap to Germany in 2022:
- Austria (736.7 tons)
- Netherlands (678.9 tons)
- United Kingdom (135.0 tons)
- France (127.4 tons)
- Estonia (35.5 tons)
- China (33.1 tons)
Exports of Molybdenum; Waste and Scrap in Germany
In 2022, approx. 477 tons of molybdenum; waste and scraps were exported from Germany; which is down by -5% on the previous year. Over the period under review, exports, however, saw a notable expansion. The growth pace was the most rapid in 2021 when exports increased by 113% against the previous year. As a result, the exports reached the peak of 502 tons, and then reduced in the following year.
In value terms, molybdenum; waste and scrap exports expanded sharply to $18M in 2022. In general, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 197%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Molybdenum; Waste and Scrap in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.6 | 3.3 | 2.4 | 6.8 | 6.7% |
| Austria | 3.2 | 0.7 | 2.4 | 5.4 | 19.1% |
| France | 0.2 | 0.7 | 0.8 | 1.9 | 111.8% |
| United States | 1.9 | 0.1 | 6.6 | 1.0 | -19.3% |
| Slovenia | N/A | 0.1 | N/A | 0.7 | 164.6% |
| Poland | N/A | 0.1 | 1.0 | 0.6 | 144.9% |
| Latvia | N/A | N/A | N/A | 0.5 | 0% |
| Spain | N/A | N/A | N/A | 0.2 | 0% |
| Others | 1.6 | 0.4 | 2.6 | 0.8 | -20.6% |
| Total | 12.5 | 5.3 | 15.8 | 17.9 | 12.7% |
Top Export Markets for Molybdenum; Waste and Scrap from Germany in 2022:
- United Kingdom (163.2 tons)
- Austria (101.8 tons)
- Poland (83.8 tons)
- France (39.8 tons)
- United States (25.0 tons)
- Latvia (16.6 tons)
- Slovenia (15.8 tons)
- Spain (8.7 tons)
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