Asia-Pacific: Market for Other than Roasted Molybdenum Ores and Concentrates 2025

Market Size for Other than Roasted Molybdenum Ores and Concentrates in Asia-Pacific

The Asia-Pacific market for other than roasted molybdenum ores and concentrateses totaled $X in 2021, with an increase of 2.2% against the previous year. Overall, consumption, however, enjoyed a strong increase. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in years to come.

Production of Other than Roasted Molybdenum Ores and Concentrates in Asia-Pacific

In value terms, production of other than roasted molybdenum ores and concentrateses totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by 14%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Other than Roasted Molybdenum Ores and Concentrates

Exports in Asia-Pacific

In 2021, shipments abroad of other than roasted molybdenum ores and concentrateses increased by 167% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports posted a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of other than roasted molybdenum ores and concentrateses surged to $X in 2021. Over the period under review, exports showed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the key exporting country with an export of around X tons, which amounted to 58% of total exports. South Korea (X tons) took the second position in the ranking, distantly followed by Thailand (X tons) and Democratic People's Republic of Korea (X tons). All these countries together took approx. 30% share of total exports. Japan (X tons) and Myanmar (X tons) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to other than roasted molybdenum ores and concentrates exports from China stood at +41.6%. At the same time, Japan (+49.3%), Thailand (+36.6%), South Korea (+31.8%) and Myanmar (+17.2%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +49.3% from 2012-2021. Democratic People's Republic of Korea experienced a relatively flat trend pattern. China (+47 p.p.), South Korea (+11 p.p.), Thailand (+5.1 p.p.) and Japan (+3.6 p.p.) significantly strengthened its position in terms of the total exports, while Democratic People's Republic of Korea saw its share reduced by -19.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest other than roasted molybdenum ores and concentrates supplier in Asia-Pacific, comprising 73% of total exports. The second position in the ranking was taken by Thailand ($X), with a 5.7% share of total exports. It was followed by Democratic People's Republic of Korea, with a 4.4% share.

In China, exports of other than roasted molybdenum ores and concentrateses increased at an average annual rate of +41.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Thailand (+26.5% per year) and Democratic People's Republic of Korea (-3.7% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, growing by 32% against the previous year. In general, the export price showed a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.0%), while the other leaders experienced a decline in the export price figures.

Imports of Other than Roasted Molybdenum Ores and Concentrates

Imports in Asia-Pacific

After two years of growth, purchases abroad of other than roasted molybdenum ores and concentrateses decreased by -9.1% to X tons in 2021. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 78%. Over the period under review, imports of reached the peak figure at X tons in 2020, and then shrank in the following year.

In value terms, imports of other than roasted molybdenum ores and concentrateses skyrocketed to $X in 2021. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 63% against the previous year. Over the period under review, imports of attained the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X tons) was the major importer of other than roasted molybdenum ores and concentrateses, making up 55% of total imports. South Korea (X tons) ranks second in terms of the total imports with a 24% share, followed by Thailand (15%) and Vietnam (6.1%).

Imports into China increased at an average annual rate of +43.5% from 2012 to 2021. At the same time, Thailand (+53.1%), Vietnam (+19.9%) and South Korea (+7.0%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +53.1% from 2012-2021. While the share of China (+43 p.p.) and Thailand (+13 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Korea (-49.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), South Korea ($X) and Thailand ($X) were the countries with the highest levels of imports in 2021, together accounting for 93% of total imports.

Among the main importing countries, Thailand, with a CAGR of +77.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, picking up by 51% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 57%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was South Korea ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+16.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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