Eastern Europe: Molybdenum Ore Market 2022

Molybdenum Ore Market Size in Eastern Europe

The East European molybdenum ore market contracted slightly to $X in 2021, leveling off at the previous year. Over the period under review, consumption saw a noticeable descent. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Molybdenum Ore Production in Eastern Europe

In value terms, molybdenum ore production plummeted to $X in 2021 estimated in export price. In general, production showed a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Molybdenum Ore Exports

Exports in Eastern Europe

Molybdenum ore exports shrank remarkably to X tons in 2021, which is down by -X% on the year before. Over the period under review, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, molybdenum ore exports dropped dramatically to $X in 2021. In general, exports showed a sharp decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Russia was the main exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by Estonia (X tons), Poland (X tons) and the Czech Republic (X tons), together generating a X% share of total exports.

Exports from Russia decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Poland (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2012-2021. By contrast, Estonia (-X%) illustrated a downward trend over the same period. While the share of Estonia (+X p.p.), Poland (+X p.p.) and the Czech Republic (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-X p.p.) displayed negative dynamics.

In value terms, Russia ($X) emerged as the largest molybdenum ore supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Estonia ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

In Russia, molybdenum ore exports shrank by an average annual rate of -X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Estonia (-X% per year) and Poland (+X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, falling by -X% against the previous year. In general, the export price, however, enjoyed notable growth. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then shrank markedly in the following year.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Molybdenum Ore Imports

Imports in Eastern Europe

For the fourth consecutive year, Eastern Europe recorded decline in purchases abroad of molybdenum ores, which decreased by -X% to X tons in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, molybdenum ore imports soared to $X in 2021. Over the period under review, imports recorded a slight decline. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) represented the largest importer of molybdenum ores, generating X% of total imports. It was distantly followed by Ukraine (X tons) and Poland (X tons), together mixing up a X% share of total imports.

Imports into Russia increased at an average annual rate of +X% from 2012 to 2021. At the same time, Poland (+X%) and Ukraine (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +X% from 2012-2021. Russia (+X p.p.), Poland (+X p.p.) and Ukraine (+X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported molybdenum ores in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Ukraine ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled +X%. In the other countries, the average annual rates were as follows: Ukraine (+X% per year) and Poland (+X% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, showed a mild slump. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Russia ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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