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Report Latin America and the Caribbean - Molybdenum - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Latin America and the Caribbean - Molybdenum - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Molybdenum Market 2024

Molybdenum Market Size in Latin America and the Caribbean

The Latin American molybdenum market fell to $X in 2022, approximately equating the previous year. The total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.6% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Molybdenum Production in Latin America and the Caribbean

In value terms, molybdenum production shrank modestly to $X in 2022 estimated in export price. In general, production continues to indicate strong growth. The growth pace was the most rapid in 2018 when the production volume increased by 38%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Molybdenum Exports

Exports in Latin America and the Caribbean

After two years of decline, overseas shipments of molybdenum decreased by 0% to X kg in 2019. Overall, exports saw a significant curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 1,600% against the previous year. Over the period under review, the exports reached the peak figure at X kg in 2016; however, from 2017 to 2019, the exports remained at a lower figure.

In value terms, molybdenum exports amounted to $X in 2019. In general, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 1,867%. The level of export peaked at $X in 2013; however, from 2014 to 2019, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Brazil (X kg), together accounting for 100% of total export.

Brazil was also the fastest-growing in terms of the molybdenum exports, with a CAGR of -78.9% from 2013 to 2019. Brazil (+99 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

From 2013 to 2019, the average annual rate of growth in terms of value in Brazil stood at -80.4%.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2019, remaining relatively unchanged against the previous year. Overall, the export price saw a sharp reduction. The growth pace was the most rapid in 2015 when the export price increased by 16% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2019, the export prices failed to regain momentum.

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

From 2013 to 2019, the rate of growth in terms of prices for Brazil amounted to -7.1% per year.

Molybdenum Imports

Imports in Latin America and the Caribbean

After six years of decline, purchases abroad of molybdenum increased by 53% to X tons in 2022. In general, imports, however, showed a perceptible decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 80%. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, molybdenum imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a perceptible downturn. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil prevails in imports structure, accounting for X tons, which was approx. 91% of total imports in 2022. It was distantly followed by Mexico (X tons), achieving a 5% share of total imports. Argentina (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to molybdenum imports into Brazil stood at -3.7%. At the same time, Argentina (+3.2%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +3.2% from 2012-2022. Mexico experienced a relatively flat trend pattern. While the share of Argentina (+2.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported molybdenum in Latin America and the Caribbean, comprising 94% of total imports. The second position in the ranking was taken by Mexico ($X), with a 3.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Brazil stood at -2.1%. In the other countries, the average annual rates were as follows: Mexico (-5.0% per year) and Argentina (+1.9% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, surging by 37% against the previous year. Over the period under review, the import price continues to indicate a slight expansion. The pace of growth was the most pronounced in 2018 when the import price increased by 57% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Chile constituted the country with the largest volume of molybdenum consumption, accounting for 60% of total volume. Moreover, molybdenum consumption in Chile exceeded the figures recorded by the second-largest consumer, Peru, threefold.
The country with the largest volume of molybdenum production was Chile, comprising approx. 60% of total volume. Moreover, molybdenum production in Chile exceeded the figures recorded by the second-largest producer, Peru, threefold.
In value terms, Brazil $323) remains the largest molybdenum supplier in Latin America and the Caribbean.
In value terms, Brazil constitutes the largest market for imported molybdenum in Latin America and the Caribbean, comprising 77% of total imports. The second position in the ranking was occupied by Mexico, with a 15% share of total imports.
In 2019, the export price in Latin America and the Caribbean amounted to $10 per kg, dropping by -2.4% against the previous year.
In 2021, the import price in Latin America and the Caribbean amounted to $24,018 per ton, shrinking by -31.2% against the previous year.

This report provides an in-depth analysis of the molybdenum market in Latin America and the Caribbean. 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:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Production in Latin America and the Caribbean, split by region and country
    • Trade (exports and imports) in Latin America and the Caribbean
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030

    4. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • Anguilla
      • Antigua and Barbuda
      • Argentina
      • Aruba
      • Bahamas
      • Barbados
      • Belize
      • Bolivia
      • Brazil
      • British Virgin Islands
      • Cayman Islands
      • Chile
      • Colombia
      • Costa Rica
      • Cuba
      • Curacao
      • Dominica
      • Dominican Republic
      • Ecuador
      • El Salvador
      • Falkland Islands (Malvinas)
      • French Guiana
      • Grenada
      • Guadeloupe
      • Guatemala
      • Guyana
      • Haiti
      • Honduras
      • Jamaica
      • Martinique
      • Mexico
      • Montserrat
      • Nicaragua
      • Panama
      • Paraguay
      • Peru
      • Saint Kitts and Nevis
      • Saint Lucia
      • Saint Vincent and the Grenadines
      • Saint Maarten (Dutch part)
      • Suriname
      • Trinidad and Tobago
      • Turks and Caicos Islands
      • United States Virgin Islands
      • Uruguay
      • Venezuela
      • Puerto Rico

    12. 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, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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