Salts; Molybdates Price in Italy - 2023

Contents:

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

Salts; Molybdates Price in Italy (CIF) - 2022

The average salts; molybdates import price stood at $18,192 per ton in 2022, surging by 44% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, salts; molybdates import price increased by +73.2% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($30,655 per ton), while the price for Turkey ($1,663 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Salts; Molybdates Price in Italy (FOB) - 2023

In July 2023, the average salts; molybdates export price amounted to $16,017 per ton, with a decrease of -52.7% against the previous month. In general, the export price, however, posted a pronounced expansion. The most prominent rate of growth was recorded in August 2022 an increase of 156% m-o-m. The export price peaked at $33,842 per ton in June 2023, and then dropped markedly in the following month.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Belgium ($23,267 per ton), while the average price for exports to Austria ($5,459 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Salts; Molybdates Imports in Italy

In 2022, supplies from abroad of salts; molybdateses decreased by -39.6% to 276 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 49% against the previous year. As a result, imports attained the peak of 528 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, salts; molybdates imports declined to $5M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year.

Top Suppliers of Salts; Molybdates to Italy in 2022:

1. Japan (160.8 tons)
2. Poland (45.0 tons)
3. France (30.8 tons)
4. Netherlands (17.9 tons)
5. Germany (7.2 tons)
6. Spain (5.9 tons)
7. Turkey (5.1 tons)
8. China (0.1 tons)

Salts; Molybdates Exports in Italy

In 2022, shipments abroad of salts; molybdateses decreased by -7.2% to 233 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 6% against the previous year. As a result, the exports reached the peak of 251 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, salts; molybdates exports skyrocketed to $4.6M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (34.1 tons)
2. Belgium (31.2 tons)
3. Israel (30.1 tons)
4. Turkey (28.0 tons)
5. China (26.8 tons)
6. Mexico (22.6 tons)
7. Spain (18.7 tons)
8. Poland (12.1 tons)
9. Iran (4.5 tons)
10. United Arab Emirates (4.5 tons)

Source: IndexBox Market Intelligence Platform