Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Australia - 2024
Contents:
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Australia (CIF) - 2022
- Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Australia (FOB) - 2022
- Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Australia
- Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Australia
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Australia (CIF) - 2022
In 2022, the average import price for molybdenum; articles thereof, including waste and scrap amounted to $50,441 per ton, surging by 31% against the previous year. In general, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 65% against the previous year. The import price peaked in 2022 and is expected to retain 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 the United States ($82,470 per ton), while the price for the UK ($46,850 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+35.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Molybdenum; Articles Thereof, Including Waste and Scrap in Australia (FOB) - 2022
In 2022, the average export price for molybdenum; articles thereof, including waste and scrap amounted to $162,646 per ton, picking up by 1,411% against the previous year. Overall, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($3,687,143 per ton), while the average price for exports to New Zealand ($12,171 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 Thailand (+34.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Molybdenum; Articles Thereof, Including Waste and Scrap in Australia
Imports of molybdenum; articles thereof, including waste and scrap into Australia skyrocketed to 118 tons in 2022, increasing by 63% compared with 2021. In general, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +3.4% 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 +72.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of molybdenum; articles thereof, including waste and scrap surged to $6M in 2022. Over the period under review, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Molybdenum; Articles Thereof, Including Waste and Scrap in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2,171 | 2,480 | 2,402 | 4,077 | 23.4% |
| Hong Kong SAR | 914 | N/A | N/A | 1,438 | 16.3% |
| United States | 198 | 131 | 77.2 | 269 | 10.8% |
| China | 198 | 134 | 240 | 159 | -7.1% |
| South Korea | 356 | N/A | 26.9 | N/A | -72.5% |
| Others | 169 | 130 | 41.9 | 19.5 | -51.3% |
| Total | 4,006 | 2,874 | 2,788 | 5,962 | 14.2% |
Top Suppliers of Molybdenum; Articles Thereof, Including Waste and Scrap to Australia in 2022:
- United Kingdom (87.0 tons)
- Hong Kong SAR (25.0 tons)
- United States (3.3 tons)
- China (2.7 tons)
Exports of Molybdenum; Articles Thereof, Including Waste and Scrap in Australia
In 2022, the amount of molybdenum; articles thereof, including waste and scrap exported from Australia dropped dramatically to 271 kg, reducing by -96.1% compared with the year before. Overall, exports showed a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by 251%. As a result, the exports reached the peak of 6.9 tons, and then fell markedly in the following year.
In value terms, exports of molybdenum; articles thereof, including waste and scrap declined significantly to $44K in 2022. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 194%. As a result, the exports attained the peak of $74K, and then shrank markedly in the following year.
| Export of Molybdenum; Articles Thereof, Including Waste and Scrap in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 25.8 | 0% |
| Singapore | N/A | N/A | N/A | 17.8 | 0% |
| New Zealand | 26.6 | 10.9 | 43.3 | 0.5 | -73.4% |
| Thailand | 13.5 | N/A | N/A | N/A | 0% |
| Germany | 1.9 | 8.2 | N/A | N/A | 331.6% |
| Malaysia | N/A | N/A | 6.0 | N/A | 0% |
| United States | 4.5 | N/A | N/A | N/A | 0% |
| New Caledonia | N/A | 6.2 | 17.3 | N/A | 179.0% |
| Others | 5.3 | N/A | 7.4 | N/A | 18.2% |
| Total | 51.9 | 25.2 | 73.9 | 44.1 | -5.3% |
Top Export Markets for Molybdenum; Articles Thereof, Including Waste and Scrap from Australia in 2022:
- Singapore (223.0 kg)
- New Zealand (41.0 kg)
- India (7.0 kg)
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