Slovakia: Ferro-Molybdenum Market 2025

Ferro-Molybdenum Market Size in Slovakia

The Slovak ferro-molybdenum market stood at $X in 2022, with an increase of 3.1% 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). Overall, consumption, however, saw a dramatic curtailment. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Ferro-Molybdenum Exports

Exports from Slovakia

In 2022, shipments abroad of ferro-molybdenum decreased by -70.4% to X tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 310% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, ferro-molybdenum exports declined dramatically to $X in 2022. Over the period under review, exports showed a precipitous decline. The pace of growth was the most pronounced in 2016 with an increase of 340% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa (X tons), the United States (X tons) and Germany (X kg) were the main destinations of ferro-molybdenum exports from Slovakia, with a combined 71% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +1.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), South Africa ($X) and the Czech Republic ($X) constituted the largest markets for ferro-molybdenum exported from Slovakia worldwide, together comprising 73% of total exports. Argentina, Germany and Chile lagged somewhat behind, together comprising a further 27%.

Among the main countries of destination, Argentina, with a CAGR of 0.0%, recorded the highest rates of growth with regard to 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

In 2022, the average ferro-molybdenum export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2018 an increase of 1,208%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-6.1%), while the prices for the other major destinations experienced a decline.

Ferro-Molybdenum Imports

Imports into Slovakia

In 2022, supplies from abroad of ferro-molybdenum decreased by -11.8% to X tons, falling for the third year in a row after two years of growth. Overall, imports faced a sharp decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 85%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, ferro-molybdenum imports fell to $X in 2022. Over the period under review, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2018 with an increase of 93% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Belgium (X tons), the Czech Republic (X tons) and Germany (X tons) were the main suppliers of ferro-molybdenum imports to Slovakia, together accounting for 93% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +29.6%), while imports for the other leaders experienced a decline.

In value terms, Belgium ($X) constituted the largest supplier of ferro-molybdenum to Slovakia, comprising 57% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 28% share of total imports. It was followed by Poland, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at +36.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-27.7% per year) and Poland (-33.9% per year).

Import Prices by Country

In 2022, the average ferro-molybdenum import price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 71% against the previous year. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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