Middle East: Market for Other than Roasted Molybdenum Ores and Concentrates 2025

Market Size for Other than Roasted Molybdenum Ores and Concentrates in the Middle East

In 2021, after five years of growth, there was decline in the Middle Eastern market for other than roasted molybdenum ores and concentrateses, when its value decreased by -4% to $X. The total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +46.6% against 2015 indices. The level of consumption peaked at $X in 2020, and then declined modestly in the following year.

Production of Other than Roasted Molybdenum Ores and Concentrates in the Middle East

In value terms, production of other than roasted molybdenum ores and concentrateses fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by 15% against the previous year. The level of production peaked at $X in 2020, and then reduced in the following year.

Exports of Other than Roasted Molybdenum Ores and Concentrates

Exports in the Middle East

In 2021, shipments abroad of other than roasted molybdenum ores and concentrateses increased by 8.5% to X tons for the first time since 2014, thus ending a six-year declining trend. Overall, exports, however, continue to indicate a abrupt decline. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of other than roasted molybdenum ores and concentrateses soared to $X in 2021. In general, exports, however, saw a deep slump. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey represented the main exporting country with an export of around X tons, which resulted at 73% of total exports. Saudi Arabia (X tons) held a 17% share (based on physical terms) of total exports, which put it in second place, followed by Iran (7.9%). Kuwait (X tons) held a little share of total exports.

Exports from Turkey decreased at an average annual rate of -17.4% from 2012 to 2021. At the same time, Saudi Arabia (+16.5%) and Kuwait (+10.6%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +16.5% from 2012-2021. By contrast, Iran (-7.4%) illustrated a downward trend over the same period. While the share of Saudi Arabia (+16 p.p.), Iran (+4.2 p.p.) and Kuwait (+2.1 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Turkey (-22.3 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest other than roasted molybdenum ores and concentrates supplier in the Middle East, comprising 74% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with an 18% share of total exports. It was followed by Iran, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey stood at -12.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (+22.1% per year) and Iran (-16.0% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, rising by 9.7% against the previous year. Export price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for other than roasted molybdenum ores and concentrateses increased by +87.7% against 2016 indices. The growth pace was the most rapid in 2018 an increase of 27%. The level of export peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Saudi Arabia ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+5.9%), while the other leaders experienced more modest paces of growth.

Imports of Other than Roasted Molybdenum Ores and Concentrates

Imports in the Middle East

In 2021, approx. X tons of other than roasted molybdenum ores and concentrateses were imported in the Middle East; picking up by 35% against the year before. In general, imports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of 975% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of other than roasted molybdenum ores and concentrateses surged to $X in 2021. Overall, imports, however, faced a abrupt setback. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Saudi Arabia (X tons) represented the key importer of other than roasted molybdenum ores and concentrateses, constituting 52% of total imports. Iran (X kg) ranks second in terms of the total imports with a 33% share, followed by Israel (7.2%). The following importers - the United Arab Emirates (X kg) and Oman (X kg) - each finished at a 5.7% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Iran (with a CAGR of +14.7%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported other than roasted molybdenum ores and concentrateses in the Middle East, comprising 77% of total imports. The second position in the ranking was held by Iran ($X), with a 7.1% share of total imports. It was followed by the United Arab Emirates, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value in Saudi Arabia amounted to +11.7%. In the other countries, the average annual rates were as follows: Iran (+6.1% per year) and the United Arab Emirates (-16.8% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2021, increasing by 52% against the previous year. Overall, the import price saw a prominent expansion. The growth pace was the most rapid in 2015 an increase of 2,093% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+102.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :