Report Update Nov 1, 2024

Hungary - Molybdenum - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Molybdenum Market 2024

Molybdenum Market Size in Hungary

The Hungarian molybdenum market skyrocketed to $X in 2022, increasing by 135% against the previous year. In general, consumption enjoyed a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Molybdenum Production in Hungary

In value terms, molybdenum production declined sharply to $X in 2022 estimated in export price. Over the period under review, production recorded a sharp slump. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Molybdenum Exports

Exports from Hungary

In 2022, the amount of molybdenum exported from Hungary amounted to X kg, therefore, remained relatively stable against the previous year. Over the period under review, exports faced a significant curtailment. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, molybdenum exports totaled $X in 2022. Overall, exports saw a precipitous setback. The smallest decline of 99.9% was in 2021. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) was the main destination for molybdenum exports from Hungary, accounting for a approx. 100% share of total exports.

From 2020 to 2022, the average annual growth rate of volume to the Netherlands stood at -29.3%.

From 2020 to 2022, the average annual growth rate of value to the Netherlands totaled -29.3%.

Export Prices by Country

The average molybdenum export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price decreased by 99.9%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

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

From 2020 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +0.0% per year.

Molybdenum Imports

Imports into Hungary

Molybdenum imports into Hungary skyrocketed to X tons in 2022, surging by 3,678% compared with the previous year. Over the period under review, imports showed a strong increase. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, molybdenum imports skyrocketed to $X in 2022. In general, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of molybdenum to Hungary, accounting for a 87% share of total imports. Moreover, molybdenum imports from China exceeded the figures recorded by the second-largest supplier, France (X kg), eightfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +5,672.2%.

In value terms, China ($X) constituted the largest supplier of molybdenum to Hungary, comprising 92% of total imports. The second position in the ranking was held by France ($X), with a 6.4% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +9,608.3%.

Import Prices by Country

The average molybdenum import price stood at $X per ton in 2022, rising by 48% against the previous year. In general, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 90% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for France totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+68.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for molybdenum in the world?

The countries with the highest volumes of in 2021 were China, Chile and the United States, with a combined 72% share of global consumption. Peru, Mexico, Canada and Armenia lagged somewhat behind, together comprising a further 23%.

What are the largest producers of molybdenum in the world?

The countries with the highest volumes of in 2021 were China, Chile and the United States, with a combined 73% share of global production.

What are the leading suppliers of molybdenum to Hungary?

In value terms, the largest molybdenum suppliers to Hungary were China and Italy.

What are the leading importers of molybdenum from Hungary?

In value terms, the Czech Republic and Slovakia appeared to be the largest markets for molybdenum exported from Hungary worldwide.

What is the average export price for molybdenum in Hungary?

In 2020, the average molybdenum export price amounted to $102,645 per ton, almost unchanged from the previous year.

What is the average import price for molybdenum in Hungary?

In 2021, the average molybdenum import price amounted to $32,543 per ton, picking up by 4% against the previous year.

This report provides an in-depth analysis of the molybdenum market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023