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

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

In 2021, the Peruvian market for other than roasted molybdenum ores and concentrateses increased by 53% to $X, rising for the second year in a row after four years of decline. In general, consumption, however, recorded a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Other than Roasted Molybdenum Ores and Concentrates in Peru

In value terms, production of other than roasted molybdenum ores and concentrateses reached $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 17% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth failed to regain momentum.

Exports of Other than Roasted Molybdenum Ores and Concentrates

Exports from Peru

In 2021, after five years of growth, there was decline in shipments abroad of other than roasted molybdenum ores and concentrateses, when their volume decreased by -3.4% to X tons. In general, exports, however, posted a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 41% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2020, and then dropped modestly in the following year.

In value terms, exports of other than roasted molybdenum ores and concentrateses surged to $X in 2021. Overall, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 66% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Chile (X tons), the United States (X tons) and China (X tons) were the main destinations of exports of other than roasted molybdenum ores and concentrateses from Peru, with a combined 76% share of total exports. The Netherlands and South Korea lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +68.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), the United States ($X) and China ($X) were the largest markets for other than roasted molybdenum ores and concentrates exported from Peru worldwide, with a combined 77% share of total exports. These countries were followed by the Netherlands and South Korea, which together accounted for a further 11%.

In terms of the main countries of destination, South Korea, with a CAGR of +79.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for other than roasted molybdenum ores and concentrateses stood at $X per ton in 2021, increasing by 64% against the previous year. Overall, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +2.7% 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 reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, the highest price was recorded for prices to the Netherlands ($X per ton) and Chile ($X per ton), while the average price for exports to China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other than Roasted Molybdenum Ores and Concentrates

Imports into Peru

In 2021, purchases abroad of other than roasted molybdenum ores and concentrateses increased by 89% to X tons, rising for the sixth year in a row after three years of decline. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 318%. Over the period under review, imports of attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of other than roasted molybdenum ores and concentrateses soared to $X in 2021. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 229% against the previous year. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

Belgium (X tons), Chile (X tons) and the United States (X tons) were the main suppliers of imports of other than roasted molybdenum ores and concentrateses to Peru, together accounting for 87% of total imports. These countries were followed by India, which accounted for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +175.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Belgium ($X) and the United States ($X) appeared to be the largest other than roasted molybdenum ores and concentrates suppliers to Peru, with a combined 87% share of total imports. India lagged somewhat behind, accounting for a further 11%.

India, with a CAGR of +131.5%, recorded 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 other than roasted molybdenum ores and concentrateses stood at $X per ton in 2021, which is down by -5.2% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for other than roasted molybdenum ores and concentrateses decreased by -39.9% against 2015 indices. The pace of growth was the most pronounced in 2013 an increase of 46%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from the United States ($X per ton) and Chile ($X per ton), while the price for Belgium ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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