CIS: Market for Roasted Molybdenum Ores and Concentrates 2025

Market Size for Roasted Molybdenum Ores and Concentrates in CIS

The CIS market for roasted molybdenum ores and concentrateses reached $X in 2021, picking up by 1.8% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Roasted Molybdenum Ores and Concentrates in CIS

In value terms, roasted molybdenum ores and concentrates production contracted to $X in 2021 estimated in export price. Over the period under review, production saw a mild downturn. The pace of growth was the most pronounced in 2017 with an increase of 17%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Roasted Molybdenum Ores and Concentrates

Exports in CIS

In 2021, overseas shipments of roasted molybdenum ores and concentrateses decreased by -13.1% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2018 when exports increased by 75% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, roasted molybdenum ores and concentrates exports reduced to $X in 2021. Overall, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2018 when exports increased by 73%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Kazakhstan was the major exporting country with an export of around X tons, which recorded 76% of total exports. Russia (X tons) held a 13% share (based on physical terms) of total exports, which put it in second place, followed by Armenia (11%).

Kazakhstan was also the fastest-growing in terms of the roasted molybdenum ores and concentrateses exports, with a CAGR of -4.3% from 2012 to 2021. Russia (-7.8%) and Armenia (-9.3%) illustrated a downward trend over the same period. Armenia (+11 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan and Russia saw its share reduced by -2.5% and -5.9% from 2012 to 2021, respectively.

In value terms, Kazakhstan ($X) remains the largest roasted molybdenum ores and concentrates supplier in the CIS, comprising 78% of total exports. The second position in the ranking was taken by Russia ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan amounted to -7.0%. In the other countries, the average annual rates were as follows: Russia (-3.6% per year) and Armenia (+1,457.7% per year).

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, with an increase of 9% against the previous year. Overall, the export price, however, showed a slight downturn. The pace of growth was the most pronounced in 2014 when the export price increased by 23%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Armenia (+11.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Roasted Molybdenum Ores and Concentrates

Imports in CIS

In 2021, supplies from abroad of roasted molybdenum ores and concentrateses decreased by -25.6% to X tons, falling for the third consecutive year after two years of growth. In general, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 289%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, roasted molybdenum ores and concentrates imports surged to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 302%. The level of import peaked in 2021 and is likely to continue growth in the near future.

Imports by Country

Russia prevails in imports structure, amounting to X tons, which was near 86% of total imports in 2021. Kazakhstan (X tons) held the second position in the ranking, followed by Belarus (X tons). All these countries together held near 11% share of total imports. Armenia (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 imports into Russia stood at -4.6%. At the same time, Armenia (+163.4%) and Belarus (+77.3%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of +163.4% from 2012-2021. By contrast, Kazakhstan (-12.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belarus, Russia and Armenia increased by +5, +3.3 and +2.1 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported roasted molybdenum ores and concentrateses in the CIS, comprising 91% of total imports. The second position in the ranking was taken by Belarus ($X), with a 3.9% share of total imports. It was followed by Kazakhstan, with a 3.5% share.

In Russia, roasted molybdenum ores and concentrates imports expanded at an average annual rate of +3.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+68.8% per year) and Kazakhstan (-19.0% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, surging by 55% against the previous year. Import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, roasted molybdenum ores and concentrates import price increased by +76.8% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+8.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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