United Kingdom - Molybdenum - Market Analysis, Forecast, Size, Trends And Insights
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United Kingdom - Molybdenum - Market Analysis, Forecast, Size, Trends And Insights

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Jul 8, 2023

Molybdenum Price in UK Surges 54% to $96.2 per kg After Six Consecutive Months of Increase

United Kingdom Molybdenum Import Price in March 2023

In March 2023, the molybdenum price amounted to $96,217 per ton (CIF, United Kingdom), growing by 54% against the previous month. Overall, the import price posted a resilient expansion. The most prominent rate of growth was recorded in July 2022 an increase of 797% month-to-month. As a result, import price attained the peak level of $452K per ton. From August 2022 to March 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In March 2023, the country with the highest price was Austria ($99,609 per ton), while the price for China stood at $86,478 per ton.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Germany (+44.4%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Molybdenum in United Kingdom (USD per ton)
Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023
AustriaN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A57,21074,96299,609
China44,74646,81646,12150,532452,39290,76646,51247,53447,68549,26180,84756,98686,478
Netherlands45,002N/A48,947N/AN/AN/A46,93951,136N/A54,890N/AN/AN/A
Germany50,05752,319373,206N/AN/AN/A454,271N/AN/AN/AN/AN/AN/A
Hong KongN/A43,844N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Average45,36746,90847,24350,414452,39290,76646,98947,67547,68550,49257,24162,68296,217

United Kingdom Molybdenum Imports

In March 2023, overseas purchases of molybdenum decreased by -31.7% to 27 tons for the first time since December 2022, thus ending a two-month rising trend. Over the period under review, imports showed a abrupt contraction. The pace of growth appeared the most rapid in August 2022 with an increase of 13,375% month-to-month.

In value terms, molybdenum imports rose slightly to $2.6M (IndexBox estimates) in March 2023. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 with an increase of 2,603% against the previous month. Imports peaked in March 2023.

United Kingdom Molybdenum Imports by Country

In March 2023, Austria (20 tons) constituted the largest molybdenum supplier to the UK, with a 74% share of total imports. Moreover, molybdenum imports from Austria exceeded the figures recorded by the second-largest supplier, China (7 tons), threefold.

From March 2022 to March 2023, the average monthly growth rate of volume from Austria amounted to +17.8%.

In value terms, Austria ($2M) constituted the largest supplier of molybdenum to the UK, comprising 77% of total imports. The second position in the ranking was held by China ($605K), with a 23% share of total imports.

From March 2022 to March 2023, the average monthly rate of growth in terms of value from Austria totaled +55.4%.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the molybdenum market in the UK. 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:

    Country coverage:

    • United Kingdom

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in the UK
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

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    • Discover vital success factors affecting the market

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

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      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

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    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023

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