Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Pakistan - 2023

Contents:

  1. Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Pakistan (CIF) - 2022
  2. Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Pakistan

Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Pakistan (CIF) - 2022

The average import price for molybdenum; articles thereof, including waste and scrap stood at $36,110 per ton in 2022, jumping by 355% against the previous year. In general, the import price saw a prominent increase. 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 China ($61,080 per ton), while the price for Italy totaled $7,182 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Pakistan

Imports of molybdenum; articles thereof, including waste and scrap into Pakistan reduced remarkably to 698 kg in 2022, which is down by -93.4% against 2021. Overall, imports showed a significant decline. The pace of growth appeared the most rapid in 2021 when imports increased by 83% against the previous year. As a result, imports attained the peak of 10 tons, and then contracted remarkably in the following year.

In value terms, imports of molybdenum; articles thereof, including waste and scrap contracted markedly to $25K in 2022. In general, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 67%.

Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.76.76.722.843.6%
ItalyN/AN/AN/A2.30%
Malaysia20.731.665.5N/A77.9%
United Kingdom52.61.92.7N/A-77.3%
Kuwait2.5N/A0.2N/A-71.7%
Others18.09.78.30.1-82.3%
Total10249.883.325.2-37.3%

Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to Pakistan in 2022:

  1. China (373.0 kg)
  2. Italy (324.0 kg)

Source: IndexBox Market Intelligence Platform

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