Report Update Nov 1, 2024

Kuwait - Molybdenum Ore - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Molybdenum Ore Market 2022

Molybdenum Ore Market Size in Kuwait

In 2021, the Kuwaiti molybdenum ore market increased by 9.7% to $X, rising for the second consecutive year after seven years of decline. Over the period under review, consumption, however, showed a deep reduction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Molybdenum Ore Production in Kuwait

In value terms, molybdenum ore production rose slightly to $X in 2021 estimated in export price. In general, production recorded a noticeable contraction. Molybdenum ore production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Molybdenum Ore Exports

Exports from Kuwait

In 2021, overseas shipments of molybdenum ores decreased by -7.4% to X tons, falling for the second consecutive year after eight years of growth. Overall, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2018 with an increase of 38%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, molybdenum ore exports fell to $X in 2021. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of 2.6% against the previous year. The exports peaked at $X in 2020, and then reduced modestly in the following year.

Exports by Country

Thailand (X tons) was the main destination for molybdenum ore exports from Kuwait, accounting for a 69% share of total exports. Moreover, molybdenum ore exports to Thailand exceeded the volume sent to the second major destination, India (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to Thailand amounted to +13.7%.

In value terms, India ($X) and Thailand ($X) constituted the largest markets for molybdenum ore exported from Kuwait worldwide.

In terms of the main countries of destination, Thailand, with a CAGR of +12.8%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average molybdenum ore export price stood at $X per ton in 2021, surging by 7.7% against the previous year. Overall, the export price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 9.5% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was India ($X per ton), while the average price for exports to Thailand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-0.8%).

Molybdenum Ore Imports

Imports into Kuwait

In 2021, after four years of growth, there was significant decline in overseas purchases of molybdenum ores, when their volume decreased by -5.5% to X kg. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 when imports increased by 227%. Imports peaked at X kg in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, molybdenum ore imports reached $X in 2021. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2015 when imports increased by 118% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, India (X kg) was the main molybdenum ore supplier to Kuwait, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from India stood at -5.6%.

In value terms, India ($X) constituted the largest supplier of molybdenum ore to Kuwait.

From 2012 to 2021, the average annual rate of growth in terms of value from India totaled -12.2%.

Import Prices by Country

The average molybdenum ore import price stood at $X per ton in 2021, increasing by 6.8% against the previous year. In general, the import price, however, showed a deep reduction. The growth pace was the most rapid in 2014 when the average import price increased by 120%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -7.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for molybdenum ore in the world?

The countries with the highest volumes of in 2021 were Chile, the United States and Japan, together accounting for 41% of global consumption. Mexico, South Korea, China, Brazil, Belgium, the UK, Armenia, Canada, the Netherlands and Italy lagged somewhat behind, together accounting for a further 45%.

What are the largest producers of molybdenum ore in the world?

The countries with the highest volumes of in 2021 were Chile, the United States and Peru, together accounting for 67% of global production. These countries were followed by Mexico, China, Canada and Armenia, which together accounted for a further 24%.

What are the leading suppliers of molybdenum ore to Kuwait?

In value terms, India constituted the largest supplier of molybdenum ore to Kuwait.

What are the leading importers of molybdenum ore from Kuwait?

In value terms, the largest markets for molybdenum ore exported from Kuwait were India and Thailand.

What is the average export price for molybdenum ore in Kuwait?

The average molybdenum ore export price stood at $2,393 per ton in 2021, jumping by 20% against the previous year.

What is the average import price for molybdenum ore in Kuwait?

In 2021, the average molybdenum ore import price amounted to $7,241 per ton, surging by 6.7% against the previous year.

This report provides an in-depth analysis of the molybdenum ore market in Kuwait. 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:

Prodcom 07291925 -
Prodcom 07291926 -

Country coverage:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
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
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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
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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