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

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

The Hong Kong market for roasted molybdenum ores and concentrateses contracted sharply to $X in 2021, dropping by -43.6% against the previous year. Over the period under review, consumption saw a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

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

In value terms, roasted molybdenum ores and concentrates production shrank markedly to $X in 2021 estimated in export price. Overall, production recorded a abrupt curtailment. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Roasted Molybdenum Ores and Concentrates

Exports from Hong Kong SAR, China

In 2021, the amount of roasted molybdenum ores and concentrateses exported from Hong Kong SAR soared to X tons, rising by 38% against the previous year's figure. Over the period under review, exports, however, continue to indicate a sharp reduction. The growth pace was the most rapid in 2018 with an increase of 472% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, roasted molybdenum ores and concentrates exports skyrocketed to $X in 2021. Overall, exports, however, showed a drastic downturn. The growth pace was the most rapid in 2018 when exports increased by 638% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Vietnam (X tons) was the main destination for roasted molybdenum ores and concentrates exports from Hong Kong SAR, with a 94% share of total exports. Moreover, roasted molybdenum ores and concentrates exports to Vietnam exceeded the volume sent to the second major destination, India (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Vietnam stood at +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-24.5% per year) and Thailand (-50.6% per year).

In value terms, India ($X), Vietnam ($X) and Thailand ($X) were the largest markets for roasted molybdenum ores and concentrates exported from Hong Kong SAR worldwide.

Vietnam, with a CAGR of +35.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for roasted molybdenum ores and concentrateses amounted to $X per ton, increasing by 12% against the previous year. Overall, the export price showed prominent growth. The pace of growth appeared the most rapid in 2013 an increase of 137% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+392.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Roasted Molybdenum Ores and Concentrates

Imports into Hong Kong SAR, China

In 2021, after three years of decline, there was significant growth in supplies from abroad of roasted molybdenum ores and concentrateses, when their volume increased by 100% to X tons. Overall, imports, however, continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2017 with an increase of 1,371%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, roasted molybdenum ores and concentrates imports surged to $X in 2021. In general, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 1,488% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) was the main supplier of roasted molybdenum ores and concentrates to Hong Kong SAR, with a 92% share of total imports. Moreover, roasted molybdenum ores and concentrates imports from Germany exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-19.3% per year) and Belgium (-24.3% per year).

In value terms, Germany ($X) constituted the largest supplier of roasted molybdenum ores and concentrateses to Hong Kong SAR, comprising 70% of total imports. The second position in the ranking was held by China ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-14.2% per year) and Belgium (-9.1% per year).

Import Prices by Country

In 2021, the average import price for roasted molybdenum ores and concentrateses amounted to $X per ton, with an increase of 11% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 36%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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 China ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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