Czech Republic: Market for Molybdenum Oxides And Hydroxides 2024

Market Size for Molybdenum Oxides And Hydroxides in the Czech Republic

The Czech molybdenum oxides and hydroxides market soared to $X in 2022, increasing by 158% against the previous year. Over the period under review, consumption recorded a significant increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Production of Molybdenum Oxides And Hydroxides in the Czech Republic

In value terms, molybdenum oxides and hydroxides production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in 2018 when the production volume increased by 16%. Molybdenum oxides and hydroxides production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Molybdenum Oxides And Hydroxides

Exports from the Czech Republic

Molybdenum oxides and hydroxides exports from the Czech Republic shrank to X tons in 2022, dropping by -14.4% compared with 2021 figures. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 718%. The exports peaked at X tons in 2021, and then declined in the following year.

In value terms, molybdenum oxides and hydroxides exports expanded sharply to $X in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 313% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Austria (X tons) was the main destination for molybdenum oxides and hydroxides exports from the Czech Republic, accounting for a 83% share of total exports. Moreover, molybdenum oxides and hydroxides exports to Austria exceeded the volume sent to the second major destination, France (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Austria amounted to +16.1%.

In value terms, Austria ($X) remains the key foreign market for molybdenum oxides and hydroxides exports from the Czech Republic, comprising 85% of total exports. The second position in the ranking was held by France ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Austria stood at +24.2%.

Export Prices by Country

In 2022, the average molybdenum oxides and hydroxides export price amounted to $X per ton, picking up by 33% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of 62% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to France stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.1%).

Imports of Molybdenum Oxides And Hydroxides

Imports into the Czech Republic

In 2022, molybdenum oxides and hydroxides imports into the Czech Republic soared to X tons, jumping by 115% on the year before. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 890%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, molybdenum oxides and hydroxides imports surged to $X in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 252% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

Hungary (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of molybdenum oxides and hydroxides imports to the Czech Republic, together accounting for 82% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +201.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of molybdenum oxides and hydroxides to the Czech Republic, comprising 38% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an 18% share of total imports. It was followed by Hungary, with an 18% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +142.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+69.2% per year) and Hungary (+19.6% per year).

Import Prices by Country

The average molybdenum oxides and hydroxides import price stood at $X per ton in 2022, with a decrease of -2.1% against the previous year. Overall, the import price saw a precipitous contraction. The growth pace was the most rapid in 2019 an increase of 34% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Germany ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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