Estonia: Market for Molybdenum Oxides And Hydroxides 2025

Market Size for Molybdenum Oxides And Hydroxides in Estonia

After two years of decline, the Estonian molybdenum oxides and hydroxides market decreased by 0% to $X in 2022. In general, consumption, however, posted a resilient increase. The pace of growth was the most pronounced in 2020 with a decrease of 99.9%. Molybdenum oxides and hydroxides consumption peaked in 2022 and is likely to see gradual growth in the near future.

Production of Molybdenum Oxides And Hydroxides in Estonia

In value terms, molybdenum oxides and hydroxides production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible reduction. The pace of growth was the most pronounced in 2018 when the production volume increased by 12%. Molybdenum oxides and hydroxides production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Molybdenum Oxides And Hydroxides

Exports from Estonia

After two years of decline, shipments abroad of molybdenum oxides and hydroxides decreased by 0% to X tons in 2022. In general, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, molybdenum oxides and hydroxides exports amounted to $X in 2022. Over the period under review, exports recorded significant growth. The smallest decline of 99.9% was in 2020. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for molybdenum oxides and hydroxides exports from Estonia, accounting for a approx. 100% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled -66.5%.

From 2013 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at -41.2%.

Export Prices by Country

In 2022, the average molybdenum oxides and hydroxides export price amounted to $X per ton, remaining constant against the previous year. In general, the export price recorded prominent growth. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +75.7% per year.

Imports of Molybdenum Oxides And Hydroxides

Imports into Estonia

Molybdenum oxides and hydroxides imports into Estonia soared to X kg in 2021, increasing by 100% against the previous year's figure. In general, imports, however, recorded a dramatic curtailment. The pace of growth was the most pronounced in 2019 when imports increased by 3,999,900%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, molybdenum oxides and hydroxides imports surged to $X in 2021. Over the period under review, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 4,452,753%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

India (X kg) and Belgium (X kg) were the main suppliers of molybdenum oxides and hydroxides imports to Estonia.

From 2013 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of 0.0%).

In value terms, India ($X) constituted the largest supplier of molybdenum oxides and hydroxides to Estonia, comprising 100% of total imports. The second position in the ranking was taken by Belgium ($X), with a 0.4% share of total imports.

From 2013 to 2021, the average annual rate of growth in terms of value from India was relatively modest.

Import Prices by Country

In 2021, the average molybdenum oxides and hydroxides import price amounted to $X per ton, growing by 95% against the previous year. Over the period under review, the import price showed a significant expansion. The growth pace was the most rapid in 2020 when the average import price increased by 184% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for Belgium amounted to $X per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform