China: Market for Molybdenum Oxides And Hydroxides 2025

Market Size for Molybdenum Oxides And Hydroxides in China

The Chinese molybdenum oxides and hydroxides market reduced to $X in 2022, dropping by -13% against the previous year. Over the period under review, consumption saw a noticeable reduction. Molybdenum oxides and hydroxides consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Molybdenum Oxides And Hydroxides in China

In value terms, molybdenum oxides and hydroxides production contracted slightly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 13%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Molybdenum Oxides And Hydroxides

Exports from China

In 2022, overseas shipments of molybdenum oxides and hydroxides were finally on the rise to reach X tons after two years of decline. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 when exports increased by 121% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, molybdenum oxides and hydroxides exports soared to $X in 2022. Overall, exports saw a prominent increase. The pace of growth was the most pronounced in 2016 when exports increased by 123%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons), Russia (X tons) and Austria (X tons) were the main destinations of molybdenum oxides and hydroxides exports from China, with a combined 84% share of total exports. Germany, the United States and France lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +77.0%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Russia ($X) and Austria ($X) were the largest markets for molybdenum oxides and hydroxides exported from China worldwide, with a combined 84% share of total exports. The United States, Germany and France lagged somewhat behind, together comprising a further 13%.

Germany, with a CAGR of +81.8%, saw the highest growth rate of the value of exports, among 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 2022, the average molybdenum oxides and hydroxides export price amounted to $X per ton, growing by 23% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, molybdenum oxides and hydroxides export price increased by +79.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 46% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($X per ton) and the United States ($X per ton), while the average price for exports to France ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Molybdenum Oxides And Hydroxides

Imports into China

In 2022, molybdenum oxides and hydroxides imports into China skyrocketed to X tons, growing by 19% on the previous year. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 139,540%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, molybdenum oxides and hydroxides imports surged to $X in 2022. Overall, imports recorded strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 27,234% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Vietnam (X tons) was the main supplier of molybdenum oxides and hydroxides to China, with a 94% share of total imports. Moreover, molybdenum oxides and hydroxides imports from Vietnam exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold. The third position in this ranking was held by Japan (X tons), with a 0.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Vietnam stood at +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+592.3% per year) and Japan (-33.5% per year).

In value terms, Vietnam ($X) constituted the largest supplier of molybdenum oxides and hydroxides to China, comprising 96% of total imports. The second position in the ranking was taken by South Korea ($X), with a 1.8% share of total imports. It was followed by Japan, with a 0.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam totaled +49.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+251.4% per year) and Japan (-41.1% per year).

Import Prices by Country

In 2022, the average molybdenum oxides and hydroxides import price amounted to $X per ton, jumping by 62% against the previous year. In general, the import price, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 159%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Japan ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+32.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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