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South Africa - Molybdenum Ore - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Molybdenum Ore Market 2022

Molybdenum Ore Market Size in South Africa

In 2021, the South African molybdenum ore market decreased by -16.8% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption showed a abrupt shrinkage. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Molybdenum Ore Exports

Exports from South Africa

In 2021, overseas shipments of molybdenum ores increased by 562% to X tons for the first time since 2013, thus ending a seven-year declining trend. Overall, exports, however, showed a slight setback. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, molybdenum ore exports skyrocketed to $X in 2021. In general, exports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of 241% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Vietnam (X tons) was the main destination for molybdenum ore exports from South Africa, accounting for a 84% share of total exports. Moreover, molybdenum ore exports to Vietnam exceeded the volume sent to the second major destination, India (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Vietnam amounted to +16.6%.

In value terms, the largest markets for molybdenum ore exported from South Africa were Vietnam ($X) and India ($X).

Among the main countries of destination, Vietnam, with a CAGR of +3.1%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average molybdenum ore export price stood at $X per ton in 2021, dropping by -78.3% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 101% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while the average price for exports to Vietnam totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+65.0%), while the prices for the other major destinations experienced mixed trend patterns.

Molybdenum Ore Imports

Imports into South Africa

In 2021, imports of molybdenum ores into South Africa reduced notably to X tons, which is down by -29.2% on the year before. Over the period under review, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of 12%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, molybdenum ore imports expanded notably to $X in 2021. Overall, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Chile (X tons) and Belgium (X tons) were the main suppliers of molybdenum ore imports to South Africa, together comprising 84% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +8.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest molybdenum ore suppliers to South Africa were the Netherlands ($X), Chile ($X) and Belgium ($X), together comprising 80% of total imports.

The Netherlands, with a CAGR of +31.9%, saw the highest rates of growth with regard to the value of imports, among 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 molybdenum ore import price stood at $X per ton in 2021, increasing by 49% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, molybdenum ore import price increased by +120.5% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Mexico ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+58.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for molybdenum ore in the world?

The countries with the highest volumes of in 2021 were Chile, the United States and Japan, with a combined 41% share of global consumption. These countries were followed by Mexico, South Korea, China, Brazil, Belgium, the UK, Armenia, Canada, the Netherlands and Italy, which together accounted for a further 45%.

What are the largest producers of molybdenum ore in the world?

The countries with the highest volumes of in 2021 were Chile, the United States and Peru, with a combined 67% share of global production. These countries were followed by Mexico, China, Canada and Armenia, which together accounted for a further 24%.

What are the leading suppliers of molybdenum ore to South Africa?

In value terms, the largest molybdenum ore suppliers to South Africa were Thailand, Chile and the Netherlands, with a combined 63% share of total imports.

What are the leading importers of molybdenum ore from South Africa?

In value terms, Vietnam remains the key foreign market for molybdenum ore exports from South Africa.

What is the average export price for molybdenum ore in South Africa?

In 2021, the average molybdenum ore export price amounted to $4,840 per ton, growing by 3.2% against the previous year.

What is the average import price for molybdenum ore in South Africa?

In 2021, the average molybdenum ore import price amounted to $11,948 per ton, standing approx. at the previous year.

This report provides an in-depth analysis of the molybdenum ore market in South Africa. 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 07291925 -
Prodcom 07291926 -

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
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
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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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023