Austria: Molybdenum Ore Market 2022

Molybdenum Ore Market Size in Austria

The Austrian molybdenum ore market skyrocketed to $X in 2021, picking up by 16% against the previous year. Overall, consumption, however, saw a perceptible setback. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Molybdenum Ore Production in Austria

In value terms, molybdenum ore production dropped sharply to $X in 2021 estimated in export price. In general, production showed a significant decline. As a result, production attained the peak level of $X, and then fell rapidly in the following year.

Molybdenum Ore Exports

Exports from Austria

Molybdenum ore exports from Austria soared to X tons in 2021, rising by 107,488% compared with the previous year's figure. Overall, exports posted a noticeable increase. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, molybdenum ore exports soared to $X in 2021. Over the period under review, exports saw buoyant growth. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Romania (X tons) and the Netherlands (X tons) were the main destinations of molybdenum ore exports from Austria, with a combined 90% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +142.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for molybdenum ore exported from Austria were Italy ($X), Romania ($X) and the Netherlands ($X), together accounting for 92% of total exports.

Among the main countries of destination, Italy, with a CAGR of +133.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average molybdenum ore export price stood at $X per ton in 2021, almost unchanged from the previous year. Overall, export price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, molybdenum ore export price decreased by -20.3% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 50% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the countries with the highest prices were Romania ($X per ton) and Italy ($X per ton), while the average price for exports to the Netherlands ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.

Molybdenum Ore Imports

Imports into Austria

In 2021, imports of molybdenum ores into Austria stood at X tons, flattening at the previous year's figure. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 176%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, molybdenum ore imports amounted to $X in 2021. Over the period under review, imports faced a abrupt decline. The pace of growth appeared the most rapid in 2014 when imports increased by 94% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest molybdenum ore supplier to Austria, accounting for a 86% share of total imports. Moreover, molybdenum ore imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to +1.9%.

In value terms, the Netherlands ($X) constituted the largest supplier of molybdenum ore to Austria, comprising 88% of total imports. The second position in the ranking was held by Belgium ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the Netherlands was relatively modest.

Import Prices by Country

The average molybdenum ore import price stood at $X per ton in 2021, leveling off at the previous year. Overall, the import price recorded a noticeable reduction. The growth pace was the most rapid in 2018 when the average import price increased by 43%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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