Chile: Market for Other than Roasted Molybdenum Ores and Concentrates 2025

Market Size for Other than Roasted Molybdenum Ores and Concentrates in Chile

In 2021, the Chilean market for other than roasted molybdenum ores and concentrateses increased by 407% to $X, rising for the second year in a row after four years of decline. In general, consumption saw slight growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Other than Roasted Molybdenum Ores and Concentrates in Chile

In value terms, production of other than roasted molybdenum ores and concentrateses amounted to $X in 2021 estimated in export price. In general, production saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 21% against the previous year. Production of peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Other than Roasted Molybdenum Ores and Concentrates

Exports from Chile

Exports of other than roasted molybdenum ores and concentrateses from Chile contracted to X tons in 2021, which is down by -12.2% on the previous year. In general, total exports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +83.7% against 2013 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 26% against the previous year. As a result, the exports reached the peak of X tons, and then dropped in the following year.

In value terms, exports of other than roasted molybdenum ores and concentrateses surged to $X in 2021. Overall, exports, however, posted prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 64%. Over the period under review, the exports of hit record highs in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Belgium (X tons), China (X tons) and South Korea (X tons) were the main destinations of exports of other than roasted molybdenum ores and concentrateses from Chile, together accounting for 76% of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +142.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for other than roasted molybdenum ores and concentrates exported from Chile were Belgium ($X), South Korea ($X) and China ($X), with a combined 76% share of total exports.

China, with a CAGR of +156.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for other than roasted molybdenum ores and concentrateses amounted to $X per ton, surging by 83% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was South Korea ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other than Roasted Molybdenum Ores and Concentrates

Imports into Chile

Imports of other than roasted molybdenum ores and concentrateses into Chile soared to X tons in 2021, growing by 18% against 2020 figures. Over the period under review, imports showed noticeable growth. The most prominent rate of growth was recorded in 2020 when imports increased by 58%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of other than roasted molybdenum ores and concentrateses surged to $X in 2021. In general, imports showed a tangible expansion. The growth pace was the most rapid in 2018 with an increase of 83% against the previous year. Over the period under review, imports of attained the peak figure in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, Peru (X tons) constituted the largest other than roasted molybdenum ores and concentrates supplier to Chile, with a 83% share of total imports. Moreover, imports of other than roasted molybdenum ores and concentrateses from Peru exceeded the figures recorded by the second-largest supplier, the United States (X tons), ninefold. The third position in this ranking was taken by Mexico (X tons), with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Peru amounted to +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+150.8% per year) and Mexico (-15.3% per year).

In value terms, Peru ($X) constituted the largest supplier of other than roasted molybdenum ores and concentrateses to Chile, comprising 82% of total imports. The second position in the ranking was held by the United States ($X), with a 9.8% share of total imports. It was followed by Mexico, with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Peru totaled +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+161.5% per year) and Mexico (-14.8% per year).

Import Prices by Country

In 2021, the average import price for other than roasted molybdenum ores and concentrateses amounted to $X per ton, growing by 48% 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 average import price increased by 49% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Mexico ($X per ton) and the United States ($X per ton), while the price for Argentina ($X per ton) and Peru ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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