Mexico: Market for Roasted Molybdenum Ores and Concentrates 2025

Market Size for Roasted Molybdenum Ores and Concentrates in Mexico

The Mexican market for roasted molybdenum ores and concentrateses stood at less than $X in 2021, approximately equating the previous year. Over the period under review, consumption saw a perceptible curtailment. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Roasted Molybdenum Ores and Concentrates in Mexico

In value terms, roasted molybdenum ores and concentrates production expanded to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 6.6%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Roasted Molybdenum Ores and Concentrates

Exports from Mexico

Roasted molybdenum ores and concentrates exports from Mexico surged to X tons in 2014, jumping by 28% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.5% from 2012 to 2014; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, roasted molybdenum ores and concentrates exports soared to $X in 2014. The total export value increased at an average annual rate of +10.5% over the period from 2012 to 2014; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons), the United States (X tons) and the UK (X tons) were the main destinations of roasted molybdenum ores and concentrates exports from Mexico, together comprising 65% of total exports. These countries were followed by Japan, China, Chile and South Korea, which together accounted for a further 27%.

From 2012 to 2014, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +88.0%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for roasted molybdenum ores and concentrateses exports from Mexico, comprising 36% of total exports. The second position in the ranking was taken by the United States ($X), with an 18% share of total exports. It was followed by the UK, with a 12% share.

From 2012 to 2014, the average annual growth rate of value to the Netherlands totaled -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+27.4% per year) and the UK (+82.0% per year).

Export Prices by Country

The average export price for roasted molybdenum ores and concentrateses stood at $X per ton in 2014, dropping by -3.4% against the previous year. Over the period from 2012 to 2014, it increased at an average annual rate of +5.7%. The growth pace was the most rapid in 2013 when the average export price increased by 16% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell slightly in the following year.

Average prices varied somewhat for the major foreign markets. In 2014, amid the top suppliers, the countries with the highest prices were the UK ($X per ton) and Japan ($X per ton), while the average price for exports to China ($X per ton) and Chile ($X per ton) were amongst the lowest.

From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+49.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Roasted Molybdenum Ores and Concentrates

Imports into Mexico

For the fifth consecutive year, Mexico recorded growth in overseas purchases of roasted molybdenum ores and concentrateses, which increased by 11% to X tons in 2020. In general, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 264%. As a result, imports reached the peak of X tons. From 2015 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, roasted molybdenum ores and concentrates imports surged to $X in 2020. Over the period under review, imports showed strong growth. The growth pace was the most rapid in 2014 with an increase of 270% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2020, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), the United States (X tons) and Chile (X tons) were the main suppliers of roasted molybdenum ores and concentrates imports to Mexico.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +45.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest roasted molybdenum ores and concentrates suppliers to Mexico were the Netherlands ($X), the United States ($X) and Chile ($X).

The Netherlands, with a CAGR of +43.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for roasted molybdenum ores and concentrateses stood at $X per ton in 2020, growing by 25% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the United States (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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