Latin America and the Caribbean: Market for Other than Roasted Molybdenum Ores and Concentrates 2024

Market Size for Other than Roasted Molybdenum Ores and Concentrates in Latin America and the Caribbean

After two years of growth, the Latin American market for other than roasted molybdenum ores and concentrateses decreased by X% to $X in 2022. Overall, consumption recorded a deep setback. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Other than Roasted Molybdenum Ores and Concentrates in Latin America and the Caribbean

In value terms, production of other than roasted molybdenum ores and concentrateses declined to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

Exports of Other than Roasted Molybdenum Ores and Concentrates

Exports in Latin America and the Caribbean

In 2022, shipments abroad of other than roasted molybdenum ores and concentrateses decreased by X% to X tons, falling for the second year in a row after five years of growth. Total exports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports of reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of other than roasted molybdenum ores and concentrateses dropped modestly to $X in 2022. Overall, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports of reached the maximum at $X in 2021, and then dropped modestly in the following year.

Exports by Country

Peru was the key exporter of other than roasted molybdenum ores and concentrateses in Latin America and the Caribbean, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Chile (X tons), constituting a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Peru (with a CAGR of X%).

In value terms, the largest other than roasted molybdenum ores and concentrates supplying countries in Latin America and the Caribbean were Peru ($X) and Chile ($X).

Among the main exporting countries, Peru, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price recorded a perceptible expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while Chile totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%).

Imports of Other than Roasted Molybdenum Ores and Concentrates

Imports in Latin America and the Caribbean

In 2022, after four years of growth, there was significant decline in purchases abroad of other than roasted molybdenum ores and concentrateses, when their volume decreased by X% to X tons. Overall, imports recorded a pronounced downturn. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2021, and then reduced dramatically in the following year.

In value terms, imports of other than roasted molybdenum ores and concentrateses declined rapidly to $X in 2022. Over the period under review, imports recorded a mild decline. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2021, and then dropped sharply in the following year.

Imports by Country

Chile dominates concentrateses structure, recording X tons, which was near X% of total imports in 2022. Mexico (X tons) followed a long way behind the leaders.

Chile was also the fastest-growing in terms of the other than roasted molybdenum ores and concentrateses imports, with a CAGR of X% from 2012 to 2022. Mexico (X%) illustrated a downward trend over the same period. While the share of Chile (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Mexico (X p.p.) displayed negative dynamics.

In value terms, Chile ($X) constitutes the largest market for imported other than roasted molybdenum ores and concentrateses in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Chile was relatively modest.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while Mexico amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%).

Source: IndexBox Platform

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