Hong Kong SAR, China: Market for Other than Roasted Molybdenum Ores and Concentrates 2025

Market Size for Other than Roasted Molybdenum Ores and Concentrates in Hong Kong SAR, China

In 2021, the Hong Kong market for other than roasted molybdenum ores and concentrateses decreased by -26.6% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption saw a slight contraction. As a result, consumption reached the peak level of $X, and then declined sharply in the following year.

Production of Other than Roasted Molybdenum Ores and Concentrates in Hong Kong SAR, China

In value terms, production of other than roasted molybdenum ores and concentrateses shrank to $X in 2021 estimated in export price. In general, the total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +69.1% against 2013 indices. The most prominent rate of growth was recorded in 2018 with an increase of 21%. Over the period under review, production of hit record highs at $X in 2020, and then declined in the following year.

Exports of Other than Roasted Molybdenum Ores and Concentrates

Exports from Hong Kong SAR, China

After two years of decline, overseas shipments of other than roasted molybdenum ores and concentrateses increased by 78% to X tons in 2021. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 843% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of other than roasted molybdenum ores and concentrateses surged to $X in 2021. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 1,301%. Over the period under review, the exports of reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Vietnam (X tons) was the main destination for exports of other than roasted molybdenum ores and concentrateses from Hong Kong SAR, with a approx. 38% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Vietnam totaled +34.5%.

In value terms, Vietnam ($X) also remains the key foreign market for other than roasted molybdenum ores and concentrateses exports from Hong Kong SAR.

From 2012 to 2021, the average annual growth rate of value to Vietnam amounted to +42.5%.

Export Prices by Country

In 2021, the average export price for other than roasted molybdenum ores and concentrateses amounted to $X per ton, approximately mirroring the previous year. Overall, the export price showed pronounced growth. The pace of growth was the most pronounced in 2015 an increase of 196%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for Thailand amounted to +41.5% per year.

Imports of Other than Roasted Molybdenum Ores and Concentrates

Imports into Hong Kong SAR, China

In 2021, purchases abroad of other than roasted molybdenum ores and concentrateses decreased by -13.1% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2017 when imports increased by 3,641% against the previous year. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of other than roasted molybdenum ores and concentrateses shrank notably to $X in 2021. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2017 when imports increased by 5,979% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Thailand (X tons) was the main other than roasted molybdenum ores and concentrates supplier to Hong Kong SAR, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Thailand stood at +24.8%.

In value terms, Thailand ($X) constituted the largest supplier of other than roasted molybdenum ores and concentrateses to Hong Kong SAR.

From 2012 to 2021, the average annual rate of growth in terms of value from Thailand totaled +28.1%.

Import Prices by Country

The average import price for other than roasted molybdenum ores and concentrateses stood at $X per ton in 2021, dropping by -4.7% against the previous year. In general, the import price, however, saw perceptible growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 97% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2021, the rate of growth in terms of prices for Mongolia amounted to +13.1% per year.

Source: IndexBox Platform

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