Japan - Molybdenum Ore - Market Analysis, Forecast, Size, Trends And Insights
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View PricingJapan's Import of Molybdenum Ore Decreases by 26% to $70M in November 2023
Japan Molybdenum Ore Imports
In November 2023, molybdenum ore imports into Japan contracted notably to 2.3K tons, reducing by -25.3% against the previous month. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when imports increased by 29% against the previous month.
In value terms, molybdenum ore imports declined dramatically to $70M (IndexBox estimates) in November 2023. Overall, total imports indicated a pronounced expansion from November 2022 to November 2023: its value increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, imports decreased by -25.6% against October 2023 indices. The pace of growth appeared the most rapid in April 2023 with an increase of 47% against the previous month. As a result, imports reached the peak of $119M. From May 2023 to November 2023, the growth of imports remained at a somewhat lower figure.
| COUNTRY | Import Value of Molybdenum Ore in Japan (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | |
| Chile | 37.8 | 52.4 | 49.4 | 52.4 | 57.8 | 84.6 | 85.3 | 69.3 | 50.6 | 61.5 | 53.7 | 70.5 | 57.6 |
| United States | 5.2 | 5.1 | 12.4 | 8.0 | 16.3 | 27.9 | 16.0 | 11.9 | 8.6 | 15.2 | 10.3 | 13.6 | 5.7 |
| Mexico | 6.1 | 3.1 | 6.0 | 3.9 | 2.1 | 1.6 | 5.6 | 3.5 | 1.8 | 2.4 | 3.9 | 5.4 | 2.3 |
| Vietnam | 1.9 | 2.5 | 3.4 | 2.7 | 3.4 | 3.5 | 3.2 | 2.6 | 3.4 | 1.7 | 2.3 | 2.5 | 2.3 |
| Others | 3.2 | 1.0 | 1.0 | N/A | 1.2 | 1.3 | 3.8 | 2.9 | 1.7 | 2.7 | 3.6 | 2.4 | 2.4 |
| Total | 54.2 | 64.2 | 72.2 | 67.0 | 80.7 | 119 | 114 | 90.1 | 66.1 | 83.6 | 73.9 | 94.5 | 70.3 |
Imports by Country
In November 2023, Chile (1.9K tons) constituted the largest molybdenum ore supplier to Japan, with a 82% share of total imports. Moreover, molybdenum ore imports from Chile exceeded the figures recorded by the second-largest supplier, the United States (182 tons), tenfold. Vietnam (80 tons) ranked third in terms of total imports with a 3.5% share.
From November 2022 to November 2023, the average monthly growth rate of volume from Chile was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: the United States (-1.6% per month) and Vietnam (0.0% per month).
In value terms, Chile ($58M) constituted the largest supplier of molybdenum ore to Japan, comprising 82% of total imports. The second position in the ranking was held by the United States ($5.7M), with an 8.1% share of total imports. It was followed by Mexico, with a 3.3% share.
From November 2022 to November 2023, the average monthly rate of growth in terms of value from Chile stood at +3.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: the United States (+0.7% per month) and Mexico (-7.7% per month).
Import Prices by Country
In November 2023, the molybdenum ore price stood at $30,572 per ton (CIF, Japan), flattening at the previous month. Over the period under review, import price indicated a measured increase from November 2022 to November 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, molybdenum ore import price increased by +9.3% against August 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 25% against the previous month. The import price peaked at $42,357 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the countries with the highest prices were Belgium ($33,063 per ton) and the United States ($31,143 per ton), while the price for South Korea ($24,583 per ton) and Vietnam ($28,837 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the molybdenum ore market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
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- Prodcom 07291926 -
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
