France: Market for Molybdenum Oxides And Hydroxides 2024

Market Size for Molybdenum Oxides And Hydroxides in France

The French molybdenum oxides and hydroxides market contracted sharply to $X in 2022, shrinking by -21% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a mild curtailment. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Molybdenum Oxides And Hydroxides

Exports from France

In 2022, the amount of molybdenum oxides and hydroxides exported from France surged to X tons, rising by 19% compared with the year before. In general, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 319% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, molybdenum oxides and hydroxides exports surged to $X in 2022. Overall, exports posted prominent growth. The most prominent rate of growth was recorded in 2019 when exports increased by 266% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Russia (X tons), the Czech Republic (X tons) and the United States (X tons) were the main destinations of molybdenum oxides and hydroxides exports from France, with a combined 86% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +70.5%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) emerged as the key foreign market for molybdenum oxides and hydroxides exports from France, comprising 43% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 13% share of total exports. It was followed by the United States, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic stood at +59.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-6.2% per year) and the United States (0.0% per year).

Export Prices by Country

In 2022, the average molybdenum oxides and hydroxides export price amounted to $X per ton, increasing by 5.6% against the previous year. In general, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Molybdenum Oxides And Hydroxides

Imports into France

In 2022, overseas purchases of molybdenum oxides and hydroxides decreased by -26.2% to X tons, falling for the second year in a row after three years of growth. Overall, imports saw a pronounced downturn. The growth pace was the most rapid in 2020 when imports increased by 37% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, molybdenum oxides and hydroxides imports dropped to $X in 2022. In general, total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.4% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 32%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of molybdenum oxides and hydroxides to France, with a 89% share of total imports. Moreover, molybdenum oxides and hydroxides imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X tons), tenfold. India (X tons) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.9% per year) and India (+128.0% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of molybdenum oxides and hydroxides to France, comprising 89% of total imports. The second position in the ranking was held by China ($X), with an 8.7% share of total imports. It was followed by India, with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.3% per year) and India (+142.2% per year).

Import Prices by Country

In 2022, the average molybdenum oxides and hydroxides import price amounted to $X per ton, with an increase of 29% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, molybdenum oxides and hydroxides import price increased by +73.6% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 35% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and India ($X per ton), while the price for Chile ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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