Italy: Ferro-Molybdenum Market 2025

Ferro-Molybdenum Market Size in Italy

The Italian ferro-molybdenum market dropped to $X in 2022, waning by -7.5% 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). Overall, consumption saw a slight downturn. Ferro-molybdenum consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Ferro-Molybdenum Exports

Exports from Italy

In 2022, shipments abroad of ferro-molybdenum increased by 30% to X tons, rising for the second year in a row after two years of decline. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by 841%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, ferro-molybdenum exports surged to $X in 2022. Over the period under review, exports recorded a strong increase. The growth pace was the most rapid in 2013 when exports increased by 632% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Bulgaria (X tons) and Belgium (X tons) were the main destinations of ferro-molybdenum exports from Italy, together accounting for 78% 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 Netherlands (with a CAGR of +43.2%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for ferro-molybdenum exported from Italy were Bulgaria ($X), Belgium ($X) and Slovenia ($X), with a combined 67% share of total exports.

Slovenia, with a CAGR of +48.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average ferro-molybdenum export price amounted to $X per ton, approximately mirroring the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 106% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to the Netherlands ($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 Belgium (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Molybdenum Imports

Imports into Italy

Ferro-molybdenum imports into Italy fell significantly to X tons in 2022, shrinking by -18.6% compared with 2021 figures. Overall, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, ferro-molybdenum imports totaled $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 99%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of ferro-molybdenum to Italy, with a 68% share of total imports. Moreover, ferro-molybdenum imports from the Netherlands exceeded the figures recorded by the second-largest supplier, South Korea (X tons), sixfold. Belgium (X tons) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+12.3% per year) and Belgium (-2.4% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of ferro-molybdenum to Italy, comprising 68% of total imports. The second position in the ranking was held by South Korea ($X), with an 11% share of total imports. It was followed by Belgium, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+15.7% per year) and Belgium (+0.2% per year).

Import Prices by Country

The average ferro-molybdenum import price stood at $X per ton in 2022, with an increase of 39% against the previous year. Overall, the import price continues to indicate a perceptible expansion. The growth pace was the most rapid in 2018 when the average import price increased by 49% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per ton) and Austria ($X per ton), while the price for South Korea ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :