Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the United States - 2023
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the United States (CIF) - 2022
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the United States (FOB) - 2022
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in the United States
- Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in the United States
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the United States (CIF) - 2022
The average import price for molybdenum; articles thereof, including waste and scrap stood at $44,922 per ton in 2022, increasing by 20% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 36% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($62,768 per ton), while the price for Brazil ($21,749 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in the United States (FOB) - 2022
The average export price for molybdenum; articles thereof, including waste and scrap stood at $57,409 per ton in 2022, increasing by 10% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 16% against the previous year. The export price peaked at $73,762 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($96,034 per ton), while the average price for exports to the Netherlands ($32,147 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in the United States
In 2022, the amount of molybdenum; articles thereof, including waste and scrap imported into the United States reduced to 2.7K tons, waning by -5.3% against the previous year's figure. Over the period under review, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year.
In value terms, imports of molybdenum; articles thereof, including waste and scrap expanded rapidly to $123M in 2022. In general, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 63%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Molybdenum; Articles Thereof, Including Waste and Scrap in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.2 | 22.2 | 38.1 | 45.6 | 12.3% |
| Austria | 29.9 | 17.3 | 26.8 | 32.3 | 2.6% |
| United Kingdom | 10.9 | 5.6 | 9.5 | 14.3 | 9.5% |
| Germany | 13.5 | 5.4 | 12.7 | 8.2 | -15.3% |
| Canada | 11.5 | 7.4 | 10.3 | 5.4 | -22.3% |
| Brazil | 0.3 | N/A | 0.5 | 4.8 | 152.0% |
| South Korea | 0.9 | 0.8 | 1.6 | 2.6 | 42.4% |
| Russia | 2.5 | 2.1 | 2.1 | 0.4 | -45.7% |
| Others | 7.4 | 5.6 | 6.2 | 8.9 | 6.3% |
| Total | 109 | 66.3 | 108 | 123 | 4.1% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to the United States in 2022:
- China (997.5 tons)
- Austria (514.2 tons)
- United Kingdom (359.9 tons)
- Brazil (219.1 tons)
- Canada (174.9 tons)
- Germany (152.0 tons)
- South Korea (77.7 tons)
- Russia (7.4 tons)
Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in the United States
In 2022, exports of molybdenum; articles thereof, including waste and scrap from the United States fell modestly to 932 tons, standing approx. at 2021 figures. Over the period under review, exports recorded a slight decrease. The growth pace was the most rapid in 2021 with an increase of 22%.
In value terms, exports of molybdenum; articles thereof, including waste and scrap expanded markedly to $53M in 2022. Overall, exports recorded a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 16%.
| Export of Molybdenum; Articles Thereof, Including Waste and Scrap in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.0 | 6.1 | 6.1 | 8.9 | 14.0% |
| United Kingdom | 10.6 | 5.1 | 4.3 | 8.6 | -6.7% |
| Canada | 3.4 | 3.1 | 4.9 | 6.1 | 21.5% |
| Japan | 4.4 | 2.6 | 3.5 | 4.5 | 0.8% |
| Taiwan (Chinese) | 4.2 | 3.7 | 5.3 | 3.0 | -10.6% |
| Belgium | 0.1 | 0.4 | 1.8 | 3.0 | 210.7% |
| China | 6.2 | 4.7 | 4.2 | 2.8 | -23.3% |
| Mexico | 1.6 | 0.9 | 1.0 | 2.5 | 16.0% |
| Netherlands | 1.6 | 5.6 | 5.3 | 2.0 | 7.7% |
| Brazil | 0.6 | 0.7 | 1.4 | 1.6 | 38.7% |
| India | 1.6 | 0.8 | 3.6 | 1.5 | -2.1% |
| Austria | 0.8 | 1.9 | 0.9 | 1.3 | 17.6% |
| South Korea | 5.7 | 0.9 | 0.5 | 1.3 | -38.9% |
| Others | 9.4 | 5.7 | 5.9 | 6.4 | -12.0% |
| Total | 56.3 | 42.1 | 48.7 | 53.5 | -1.7% |
Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from the United States in 2022:
- United Kingdom (175.7 tons)
- Germany (153.0 tons)
- Canada (138.4 tons)
- Japan (65.1 tons)
- Belgium (63.9 tons)
- Netherlands (62.9 tons)
- Taiwan (Chinese) (46.6 tons)
- Mexico (37.1 tons)
- China (28.8 tons)
- Brazil (26.9 tons)
- India (21.7 tons)
- Austria (16.2 tons)
- South Korea (15.5 tons)
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