Australia: Ferro-Molybdenum Market 2025

Ferro-Molybdenum Market Size in Australia

For the third year in a row, the Australian ferro-molybdenum market recorded growth in sales value, which increased by 101% to $X in 2022. Over the period under review, consumption, however, showed a pronounced downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Ferro-Molybdenum Exports

Exports from Australia

In 2022, approx. X tons of ferro-molybdenum were exported from Australia; waning by -24.7% on the previous year. Over the period under review, exports faced a sharp descent. The most prominent rate of growth was recorded in 2017 with an increase of 119%. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, ferro-molybdenum exports declined rapidly to $X in 2022. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of 314%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for ferro-molybdenum exports from Australia, with a 71% share of total exports. Moreover, ferro-molybdenum exports to China exceeded the volume sent to the second major destination, France (X kg), threefold. Malaysia (X kg) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to -21.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-24.0% per year) and Malaysia (-31.6% per year).

In value terms, China ($X) remains the key foreign market for ferro-molybdenum exports from Australia, comprising 82% of total exports. The second position in the ranking was held by Malaysia ($X), with an 8% share of total exports. It was followed by France, with a 6.9% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to +18.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-18.0% per year) and France (-23.6% per year).

Export Prices by Country

The average ferro-molybdenum export price stood at $X per ton in 2022, falling by -16.7% against the previous year. In general, the export price, however, recorded a significant expansion. The pace of growth was the most pronounced in 2013 an increase of 133% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to France ($X 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 China (+50.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Molybdenum Imports

Imports into Australia

In 2022, ferro-molybdenum imports into Australia skyrocketed to X tons, increasing by 114% on 2021. In general, imports, however, recorded a pronounced shrinkage. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, ferro-molybdenum imports skyrocketed to $X in 2022. Overall, imports, however, saw a deep slump. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Korea (X tons) constituted the largest ferro-molybdenum supplier to Australia, with a 43% share of total imports. Moreover, ferro-molybdenum imports from South Korea exceeded the figures recorded by the second-largest supplier, Chile (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from South Korea totaled +44.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-16.3% per year) and Belgium (+4.2% per year).

In value terms, South Korea ($X) constituted the largest supplier of ferro-molybdenum to Australia, comprising 42% of total imports. The second position in the ranking was held by Chile ($X), with a 19% share of total imports. It was followed by Belgium, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from South Korea amounted to +40.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-18.4% per year) and Belgium (+0.1% per year).

Import Prices by Country

In 2022, the average ferro-molybdenum import price amounted to $X per ton, falling by -19.1% against the previous year. Over the period under review, the import price showed a noticeable downturn. The growth pace was the most rapid in 2021 an increase of 38% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Canada ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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