Price for Molybdenum; Waste and Scrap in the United Arab Emirates - 2022
Contents:
- Price for Molybdenum; Waste and Scrap in the United Arab Emirates (CIF) - 2022
- Price for Molybdenum; Waste and Scrap in the United Arab Emirates (FOB) - 2022
- Imports of Molybdenum; Waste and Scrap in the United Arab Emirates
- Exports of Molybdenum; Waste and Scrap in the United Arab Emirates
Price for Molybdenum; Waste and Scrap in the United Arab Emirates (CIF) - 2022
In 2022, the average molybdenum; waste and scrap import price amounted to $44,266 per ton, remaining constant against the previous year. In general, the import price enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 46%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2014 to 2022, the rate of growth in terms of prices for China amounted to +3.2% per year.
Price for Molybdenum; Waste and Scrap in the United Arab Emirates (FOB) - 2022
In 2022, the average molybdenum; waste and scrap export price amounted to $31,184 per ton, approximately mirroring the previous year. Over the period under review, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 96% against the previous year. As a result, the export price reached the peak level of $31,462 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($80,444 per ton), while the average price for exports to Oman ($28,570 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 Oman (+10.9%).
Imports of Molybdenum; Waste and Scrap in the United Arab Emirates
In 2022, after two years of decline, there was decline in purchases abroad of molybdenum; waste and scraps, when their volume decreased by 0% to 43 tons. In general, imports showed a significant increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, molybdenum; waste and scrap imports stood at $1.9M in 2022. Overall, imports posted significant growth. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Molybdenum; Waste and Scrap in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 1.9 | 0% |
| China | 0.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.6 | N/A | N/A | 1.9 | 46.8% |
Top Suppliers of Molybdenum; Waste and Scrap to the United Arab Emirates in 2022:
- Canada (42.5 tons)
Exports of Molybdenum; Waste and Scrap in the United Arab Emirates
For the third year in a row, the United Arab Emirates recorded decline in overseas shipments of molybdenum; waste and scraps, which decreased by -12.1% to 18 tons in 2022. Overall, exports saw a drastic downturn.
In value terms, molybdenum; waste and scrap exports reduced to $548K in 2022. In general, exports showed a abrupt downturn.
| Export of Molybdenum; Waste and Scrap in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 183 | 759 | 98.3 | 460 | 36.0% |
| United Kingdom | N/A | N/A | N/A | 68.7 | 0% |
| Oman | 5.7 | 26.1 | 3.7 | 19.2 | 49.9% |
| France | 760 | N/A | N/A | N/A | 0% |
| Canada | N/A | N/A | 520 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 949 | 785 | 622 | 548 | -16.7% |
Top Export Markets for Molybdenum; Waste and Scrap from the United Arab Emirates in 2022:
- Germany (16.0 tons)
- United Kingdom (0.9 tons)
- Oman (0.7 tons)
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