Asia: Market for Roasted Molybdenum Ores and Concentrates 2025

Market Size for Roasted Molybdenum Ores and Concentrates in Asia

In 2021, after four years of growth, there was significant decline in the Asian market for roasted molybdenum ores and concentrateses, when its value decreased by -9% to $X. The total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then fell in the following year.

Production of Roasted Molybdenum Ores and Concentrates in Asia

In value terms, roasted molybdenum ores and concentrates production rose significantly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 17% against the previous year. Over the period under review, production attained the peak level in 2021 and is expected to retain growth in the near future.

Exports of Roasted Molybdenum Ores and Concentrates

Exports in Asia

In 2021, shipments abroad of roasted molybdenum ores and concentrateses was finally on the rise to reach X tons after two years of decline. Over the period under review, exports continue to indicate noticeable growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, roasted molybdenum ores and concentrates exports surged to $X in 2021. Overall, exports recorded a tangible increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the major exporter of roasted molybdenum ores and concentrateses in Asia, with the volume of exports resulting at X tons, which was approx. 50% of total exports in 2021. South Korea (X tons) ranks second in terms of the total exports with a 25% share, followed by Thailand (11%). Vietnam (X tons), the United Arab Emirates (X tons), Malaysia (X tons) and Iran (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to roasted molybdenum ores and concentrates exports from China stood at +2.2%. At the same time, the United Arab Emirates (+47.9%), Malaysia (+25.7%), Thailand (+12.3%), South Korea (+8.2%) and Iran (+2.6%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in Asia, with a CAGR of +47.9% from 2012-2021. Vietnam experienced a relatively flat trend pattern. While the share of South Korea (+6.4 p.p.), Thailand (+5.1 p.p.), the United Arab Emirates (+2.9 p.p.) and Malaysia (+2.3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Vietnam (-1.6 p.p.) and China (-11.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) emerged as the largest roasted molybdenum ores and concentrates supplier in Asia, comprising 54% of total exports. The second position in the ranking was held by South Korea ($X), with a 19% share of total exports. It was followed by Thailand, with an 11% share.

In China, roasted molybdenum ores and concentrates exports increased at an average annual rate of +2.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Korea (+4.8% per year) and Thailand (+28.7% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, increasing by 48% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+14.6%), while the other leaders experienced more modest paces of growth.

Imports of Roasted Molybdenum Ores and Concentrates

Imports in Asia

After five years of growth, supplies from abroad of roasted molybdenum ores and concentrateses decreased by -20.6% to X tons in 2021. Total imports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +40.3% against 2013 indices. The growth pace was the most rapid in 2020 when imports increased by 26% against the previous year. As a result, imports attained the peak of X tons, and then dropped markedly in the following year.

In value terms, roasted molybdenum ores and concentrates imports soared to $X in 2021. In general, imports, however, showed a noticeable increase. The pace of growth was the most pronounced in 2018 with an increase of 55% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Japan (X tons) and South Korea (X tons) were the largest importers of roasted molybdenum ores and concentrateses in 2021, accounting for near 43% and 30% of total imports, respectively. It was distantly followed by China (X tons) and India (X tons), together creating a 23% share of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +9.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and India ($X) were the countries with the highest levels of imports in 2021, together accounting for 87% of total imports.

South Korea, with a CAGR of +9.1%, recorded the highest growth rate of the value of imports, among the main importing countries 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 amounted to $X per ton, jumping by 57% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in India ($X per ton) and Japan ($X per ton), while China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+1.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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