EU: Molybdenum Ore Market 2022

Molybdenum Ore Market Size in the EU

The EU molybdenum ore market skyrocketed to $X in 2021, rising by X% against the previous year. Overall, consumption, however, continues to indicate a pronounced decline. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Molybdenum Ore Production in the EU

In value terms, molybdenum ore production declined significantly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Molybdenum Ore Exports

Exports in the EU

In 2021, overseas shipments of molybdenum ores decreased by -X% to X tons for the first time since 2015, thus ending a five-year rising trend. Total exports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, molybdenum ore exports surged to $X in 2021. Overall, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

The Netherlands represented the key exporter of molybdenum ores in the European Union, with the volume of exports recording X tons, which was near X% of total exports in 2021. It was distantly followed by Belgium (X tons), achieving a X% share of total exports. Germany (X tons) held a minor share of total exports.

The Netherlands was also the fastest-growing in terms of the molybdenum ores exports, with a CAGR of +X% from 2012 to 2021. Belgium (-X%) and Germany (-X%) illustrated a downward trend over the same period. The Netherlands (+X p.p.) significantly strengthened its position in terms of the total exports, while Germany and Belgium saw its share reduced by -X% and -X% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) remains the largest molybdenum ore supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

In the Netherlands, molybdenum ore exports expanded at 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: Belgium (-X% per year) and Germany (-X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, jumping by X% against the previous year. Export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Germany ($X per ton) was amongst the lowest.

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

Molybdenum Ore Imports

Imports in the EU

In 2021, purchases abroad of molybdenum ores increased by X% to X tons, rising for the fourth consecutive year after three years of decline. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, molybdenum ore imports skyrocketed to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

In 2021, the Netherlands (X tons) represented the main importer of molybdenum ores, committing X% of total imports. Belgium (X tons) held the second position in the ranking, distantly followed by Italy (X tons). All these countries together held near X% share of total imports. The following importers - Spain (X tons), Germany (X tons) and Sweden (X tons) - each recorded a X% share of total imports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported molybdenum ores in the European Union, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

In the Netherlands, molybdenum ore imports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and Italy (+X% per year).

Import Prices by Country

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

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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