Report Update Feb 1, 2025

Mexico - Ferro-Molybdenum - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Ferro-Molybdenum Market 2025

Ferro-Molybdenum Market Size in Mexico

The Mexican ferro-molybdenum market declined remarkably to $X in 2022, which is down by -68.1% 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). In general, consumption recorded a sharp setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Ferro-Molybdenum Exports

Exports from Mexico

Ferro-molybdenum exports from Mexico contracted to X tons in 2022, shrinking by -15% on 2021 figures. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 2,071% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, ferro-molybdenum exports fell rapidly to $X in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of 1,086% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for ferro-molybdenum exports from Mexico, with a 93% share of total exports. Moreover, ferro-molybdenum exports to Canada exceeded the volume sent to the second major destination, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada stood at +32.2%.

In value terms, Canada ($X) remains the key foreign market for ferro-molybdenum exports from Mexico, comprising 95% of total exports. The second position in the ranking was taken by Spain ($X), with a 4.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada totaled +36.8%.

Export Prices by Country

The average ferro-molybdenum export price stood at $X per ton in 2022, falling by -9.7% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 181% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Spain stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.4%).

Ferro-Molybdenum Imports

Imports into Mexico

In 2022, approx. X tons of ferro-molybdenum were imported into Mexico; dropping by -39.5% compared with the previous year. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when imports increased by 178%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, ferro-molybdenum imports fell to $X in 2022. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 172%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

South Korea (X tons) and Chile (X tons) were the main suppliers of ferro-molybdenum imports to Mexico.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of -2.4%).

In value terms, South Korea ($X) and Chile ($X) constituted the largest ferro-molybdenum suppliers to Mexico.

In terms of the main suppliers, Chile, with a CAGR of -0.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average ferro-molybdenum import price stood at $X per ton in 2022, rising by 63% against the previous year. In general, the import price showed a noticeable expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ferro-molybdenum in the world?

The country with the largest volume of ferro-molybdenum consumption was China, accounting for 55% of total volume. Moreover, ferro-molybdenum consumption in China exceeded the figures recorded by the second-largest consumer, the Netherlands, ninefold. The third position in this ranking was occupied by Indonesia, with a 4.5% share.

What are the largest producers of ferro-molybdenum in the world?

China remains the largest ferro-molybdenum producing country worldwide, accounting for 61% of total volume. Moreover, ferro-molybdenum production in China exceeded the figures recorded by the second-largest producer, South Korea, sevenfold. The third position in this ranking was occupied by Chile, with a 5.8% share.

What are the leading suppliers of ferro-molybdenum to Mexico?

In value terms, South Korea constituted the largest supplier of ferro-molybdenum to Mexico, comprising 90% of total imports. The second position in the ranking was occupied by Chile, with a 10% share of total imports.

What are the leading importers of ferro-molybdenum from Mexico?

In value terms, Canada remains the key foreign market for ferro-molybdenum exports from Mexico, comprising 85% of total exports. The second position in the ranking was occupied by Slovenia, with a 10% share of total exports.

What is the average export price for ferro-molybdenum in Mexico?

In 2021, the average ferro-molybdenum export price amounted to $22,132 per ton, with an increase of 31% against the previous year.

What is the average import price for ferro-molybdenum in Mexico?

In 2021, the average ferro-molybdenum import price amounted to $19,709 per ton, with an increase of 45% against the previous year.

This report provides an in-depth analysis of the ferro-molybdenum market in Mexico. 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 24101275 - Ferro-molybdenum

Country coverage:

Mexico

Data coverage:

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

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
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024