MERCOSUR: Market for Other than Roasted Molybdenum Ores and Concentrates 2025

Market Size for Other than Roasted Molybdenum Ores and Concentrates in MERCOSUR

In 2021, the MERCOSUR market for other than roasted molybdenum ores and concentrateses increased by 162% to $X, rising for the second year in a row after four years of decline. Over the period under review, consumption, however, recorded a perceptible slump. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Other than Roasted Molybdenum Ores and Concentrates in MERCOSUR

In value terms, production of other than roasted molybdenum ores and concentrateses stood at $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 15%. As a result, production reached the peak level of $X. From 2019 to 2021, production of growth remained at a lower figure.

Exports of Other than Roasted Molybdenum Ores and Concentrates

Exports in MERCOSUR

After five years of growth, shipments abroad of other than roasted molybdenum ores and concentrateses decreased by -6.6% to X tons in 2021. Total exports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +89.6% against 2013 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 23% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2020, and then declined in the following year.

In value terms, exports of other than roasted molybdenum ores and concentrateses soared to $X in 2021. In general, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 64%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Peru represented the largest exporter of other than roasted molybdenum ores and concentrateses in MERCOSUR, with the volume of exports amounting to X tons, which was near 62% of total exports in 2021. It was distantly followed by Chile (X tons), making up a 37% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Peru (with a CAGR of +5.6%).

In value terms, Peru ($X) remains the largest other than roasted molybdenum ores and concentrates supplier in MERCOSUR, comprising 66% of total exports. The second position in the ranking was taken by Chile ($X), with a 33% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Peru totaled +8.5%.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, picking up by 70% against the previous year. Export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Peru ($X per ton), while Chile totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+2.7%).

Imports of Other than Roasted Molybdenum Ores and Concentrates

Imports in MERCOSUR

For the fourth year in a row, MERCOSUR recorded growth in supplies from abroad of other than roasted molybdenum ores and concentrateses, which increased by 18% to X tons in 2021. Over the period under review, imports recorded a measured increase. The most prominent rate of growth was recorded in 2020 when imports increased by 58% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, imports of other than roasted molybdenum ores and concentrateses surged to $X in 2021. In general, imports enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2018 with an increase of 81%. Over the period under review, imports of hit record highs in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

The countries with the highest levels of imports of other than roasted molybdenum ores and concentrateses in 2021 were Chile (X tons), together resulting at 100% of total import.

Chile was also the fastest-growing in terms of the other than roasted molybdenum ores and concentrateses imports, with a CAGR of +2.8% from 2012 to 2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported other than roasted molybdenum ores and concentrateses in MERCOSUR.

In Chile, imports of other than roasted molybdenum ores and concentrateses expanded at an average annual rate of +2.6% over the period from 2012-2021.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, increasing by 48% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by 49%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Chile amounted to -0.3% per year.

Source: IndexBox Platform