Salts; Molybdates Price in Denmark - 2023

Contents:

  1. Salts; Molybdates Price in Denmark (CIF) - 2023
  2. Salts; Molybdates Price in Denmark (FOB) - 2022
  3. Salts; Molybdates Imports in Denmark
  4. Salts; Molybdates Exports in Denmark

Salts; Molybdates Price in Denmark (CIF) - 2023

The average salts; molybdates import price stood at $31,591 per ton in July 2023, declining by -4.3% against the previous month. Overall, the import price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in August 2022 an increase of 42% against the previous month. Over the period under review, average import prices reached the maximum at $48,501 per ton in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From July 2022 to July 2023, the rate of growth in terms of prices for the Netherlands amounted to +5.7% per month.

Salts; Molybdates Price in Denmark (FOB) - 2022

The average salts; molybdates export price stood at $14,181 per ton in 2022, dropping by -56.8% against the previous year. In general, the export price, however, posted a noticeable expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 192% against the previous year. As a result, the export price attained the peak level of $44,943 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($55,750 per ton), while the average price for exports to Norway totaled $11,962 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.

Salts; Molybdates Imports in Denmark

In 2022, overseas purchases of salts; molybdateses were finally on the rise to reach 1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt decline.

In value terms, salts; molybdates imports surged to $25M in 2022. Overall, imports, however, recorded a abrupt slump.

Import of Salts; Molybdates in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands22.918.010.724.82.7%
India6.01.5N/AN/A-75.0%
OthersN/A0.3N/AN/A0%
Total28.919.810.724.8-5.0%

Top Suppliers of Salts; Molybdates to Denmark in 2022:

  1. India (undefined tons)
  2. Netherlands (1022.1 tons)

Salts; Molybdates Exports in Denmark

In 2022, overseas shipments of salts; molybdateses decreased by -48.2% to 386 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 189%. As a result, the exports attained the peak of 897 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, salts; molybdates exports shrank markedly to $5.5K in 2022. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 294% against the previous year. As a result, the exports reached the peak of $28K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Salts; Molybdates in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway0.12.34.04.4253.0%
NetherlandsN/AN/AN/A0.70%
ChinaN/AN/A12.2N/A0%
Sweden5.15.4N/AN/A5.9%
United Kingdom1.2N/AN/AN/A0%
IndiaN/A19.28.2N/A-57.3%
Others0.60.7N/A0.4-12.6%
Total7.027.624.45.5-7.7%

Top Export Markets for Salts; Molybdates from Denmark in 2022:

  1. Norway (371.0 kg)
  2. Netherlands (12.0 kg)

Source: IndexBox Market Intelligence Platform

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