Eastern Asia: Market for Other than Roasted Molybdenum Ores and Concentrates 2025

Market Size for Other than Roasted Molybdenum Ores and Concentrates in Eastern Asia

The East Asian market for other than roasted molybdenum ores and concentrateses declined modestly to $X in 2021, which is down by -2.3% against the previous year. Overall, consumption, however, posted a strong expansion. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Production of Other than Roasted Molybdenum Ores and Concentrates in Eastern Asia

In value terms, production of other than roasted molybdenum ores and concentrateses shrank to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 11%. Over the period under review, production of hit record highs at $X in 2020, and then contracted in the following year.

Exports of Other than Roasted Molybdenum Ores and Concentrates

Exports in Eastern Asia

In 2021, overseas shipments of other than roasted molybdenum ores and concentrateses were finally on the rise to reach X tons after two years of decline. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of other than roasted molybdenum ores and concentrateses soared to $X in 2021. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the major exporting country with an export of around X tons, which accounted for 67% of total exports. South Korea (X tons) held a 19% share (based on physical terms) of total exports, which put it in second place, followed by Democratic People's Republic of Korea (6.9%) and Japan (4.8%).

From 2012 to 2021, average annual rates of growth with regard to other than roasted molybdenum ores and concentrates exports from China stood at +41.6%. At the same time, Japan (+49.3%) and South Korea (+31.8%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +49.3% from 2012-2021. Democratic People's Republic of Korea experienced a relatively flat trend pattern. China (+42 p.p.), South Korea (+5.4 p.p.) and Japan (+3.7 p.p.) significantly strengthened its position in terms of the total exports, while Democratic People's Republic of Korea saw its share reduced by -50.8% from 2012 to 2021, respectively.

In value terms, China ($X) remains the largest other than roasted molybdenum ores and concentrates supplier in Eastern Asia, comprising 84% of total exports. The second position in the ranking was held by Democratic People's Republic of Korea ($X), with a 5% share of total exports. It was followed by South Korea, with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +41.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Democratic People's Republic of Korea (-3.7% per year) and South Korea (+13.0% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, surging by 37% against the previous year. Overall, the export price, however, showed a mild contraction. The pace of growth appeared the most rapid in 2018 when the export price increased by 39% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.0%), while the other leaders experienced a decline in the export price figures.

Imports of Other than Roasted Molybdenum Ores and Concentrates

Imports in Eastern Asia

In 2021, the amount of other than roasted molybdenum ores and concentrateses imported in Eastern Asia declined notably to X tons, dropping by -16.9% on 2020. Overall, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 140% against the previous year. As a result, imports attained the peak of X tons, and then dropped significantly in the following year.

In value terms, imports of other than roasted molybdenum ores and concentrateses skyrocketed to $X in 2021. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 64%. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

Imports by Country

China represented the key importing country with an import of about X tons, which accounted for 70% of total imports. It was distantly followed by South Korea (X tons), making up a 30% share of total imports.

China was also the fastest-growing in terms of the other than roasted molybdenum ores and concentrateses imports, with a CAGR of +43.5% from 2012 to 2021. At the same time, South Korea (+7.0%) displayed positive paces of growth. From 2012 to 2021, the share of China increased by +56 percentage points.

In value terms, China ($X) and South Korea ($X) were the countries with the highest levels of imports in 2021.

Among the main importing countries, China, with a CAGR of +46.8%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2021, picking up by 65% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was South Korea ($X per ton), while China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+2.5%).

Source: IndexBox Platform

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