Japan: Ferro-Molybdenum Market 2025

Ferro-Molybdenum Market Size in Japan

The Japanese ferro-molybdenum market contracted sharply to $X in 2022, reducing by -20% against the previous year. In general, consumption recorded a pronounced contraction. Ferro-molybdenum consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ferro-Molybdenum Production in Japan

In value terms, ferro-molybdenum production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2021 when the production volume increased by 31% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ferro-Molybdenum Exports

Exports from Japan

Ferro-molybdenum exports from Japan surged to X tons in 2022, picking up by 335% against the year before. In general, exports enjoyed a notable expansion. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, ferro-molybdenum exports skyrocketed to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines (X tons), the United States (X tons) and the Netherlands (X tons) were the main destinations of ferro-molybdenum exports from Japan, with a combined 30% 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 Philippines (with a CAGR of +20.0%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for ferro-molybdenum exported from Japan were the United States ($X), the Philippines ($X) and the Netherlands ($X), together accounting for 33% of total exports.

In terms of the main countries of destination, the Philippines, with a CAGR of +26.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average ferro-molybdenum export price stood at $X per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price recorded a perceptible setback. The growth pace was the most rapid in 2021 when the average export price increased by 107%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Philippines ($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 the Philippines (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Molybdenum Imports

Imports into Japan

Ferro-molybdenum imports into Japan reduced notably to X tons in 2022, dropping by -35.2% against the year before. In general, imports showed a perceptible decline. The pace of growth was the most pronounced in 2021 when imports increased by 72% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, ferro-molybdenum imports fell notably to $X in 2022. Over the period under review, imports showed a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 173% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Chile (X tons) constituted the largest ferro-molybdenum supplier to Japan, accounting for a 67% share of total imports. Moreover, ferro-molybdenum imports from Chile exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Chile stood at -6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.3% per year) and South Korea (-3.0% per year).

In value terms, Chile ($X) constituted the largest supplier of ferro-molybdenum to Japan, comprising 70% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Chile stood at -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.9% per year) and South Korea (+1.1% per year).

Import Prices by Country

The average ferro-molybdenum import price stood at $X per ton in 2022, surging by 21% against the previous year. Overall, the import price recorded a measured expansion. The growth pace was the most rapid in 2021 an increase of 59% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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