Salts; Molybdates Price in Greece - 2023

Contents:

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

Salts; Molybdates Price in Greece (CIF) - 2022

The average salts; molybdates import price stood at $8,022 per ton in 2022, surging by 9.4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs at $8,759 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($18,744 per ton), while the price for Poland ($5,885 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.0%), while the prices for the other major suppliers experienced a decline.

Salts; Molybdates Price in Greece (FOB) - 2022

In 2022, the average salts; molybdates export price amounted to $41,086 per ton, declining by -30.6% against the previous year. In general, the export price recorded a slight descent. The pace of growth was the most pronounced in 2020 an increase of 129% against the previous year. The export price peaked at $77,500 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($53,733 per ton), while the average price for exports to Bulgaria stood at $31,600 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+8.4%), while the prices for the other major destinations experienced a decline.

Salts; Molybdates Imports in Greece

In 2022, after three years of growth, there was significant decline in overseas purchases of salts; molybdateses, when their volume decreased by -43.9% to 30 tons. Over the period under review, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 74% against the previous year. As a result, imports attained the peak of 53 tons, and then dropped notably in the following year.

In value terms, salts; molybdates imports shrank sharply to $240K in 2022. Overall, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 101%. As a result, imports attained the peak of $392K, and then shrank rapidly in the following year.

Import of Salts; Molybdates in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/A93.311119.0%
Poland81.510716870.4-4.8%
Italy17.136.635.537.529.9%
Belgium17.90.253.34.9-35.1%
Others38.650.841.416.6-24.5%
Total15519539224015.7%

Top Suppliers of Salts; Molybdates to Greece in 2022:

  1. Spain (15.0 tons)
  2. Poland (12.0 tons)
  3. Italy (2.0 tons)
  4. Belgium (0.5 tons)

Salts; Molybdates Exports in Greece

In 2022, approx. 35 kg of salts; molybdateses were exported from Greece; with an increase of 133% against the previous year's figure. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 3,550%. As a result, the exports reached the peak of 73 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, salts; molybdates exports surged to $1.4K in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 8,261% against the previous year. As a result, the exports attained the peak of $2.8K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Salts; Molybdates in Greece (USD)
COUNTRY2019202020212022CAGR,
2019-2022
CyprusN/AN/A888806-9.2%
Bulgaria33.0584N/A632167.5%
Czech RepublicN/A247N/AN/A0%
OthersN/A1,928N/AN/A0%
Total33.02,7598881,438251.9%

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

  1. Bulgaria (20.0 kg)
  2. Cyprus (15.0 kg)

Source: IndexBox Market Intelligence Platform

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