U.S.: Market for Molybdenum Oxides And Hydroxides 2025

Market Size for Molybdenum Oxides And Hydroxides in the U.S.

The U.S. molybdenum oxides and hydroxides market contracted to $X in 2022, declining by -6.2% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Molybdenum oxides and hydroxides consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Molybdenum Oxides And Hydroxides in the U.S.

In value terms, molybdenum oxides and hydroxides production shrank modestly to $X in 2022. In general, production, however, showed a slight downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by 8%. Molybdenum oxides and hydroxides production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Molybdenum Oxides And Hydroxides

Exports from the U.S.

In 2022, approx. X tons of molybdenum oxides and hydroxides were exported from the United States; surging by 115% on 2021 figures. Over the period under review, exports recorded a slight increase. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, molybdenum oxides and hydroxides exports surged to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for molybdenum oxides and hydroxides exports from the United States, with a 44% share of total exports. Moreover, molybdenum oxides and hydroxides exports to India exceeded the volume sent to the second major destination, South Korea (X tons), threefold. Japan (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to India totaled +313.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+59.6% per year) and Japan (-10.1% per year).

In value terms, the largest markets for molybdenum oxides and hydroxides exported from the United States were India ($X), South Korea ($X) and Japan ($X), together comprising 75% of total exports.

Among the main countries of destination, India, with a CAGR of +294.8%, saw 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 molybdenum oxides and hydroxides export price amounted to $X per ton, picking up by 6.7% against the previous year. In general, the export price, however, saw a mild decline. The most prominent rate of growth was recorded in 2018 an increase of 18% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Canada ($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 South Korea (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Molybdenum Oxides And Hydroxides

Imports into the U.S.

Molybdenum oxides and hydroxides imports into the United States declined modestly to X tons in 2022, waning by -3.1% on the previous year's figure. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 334% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, molybdenum oxides and hydroxides imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 309% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Chile (X tons) constituted the largest molybdenum oxides and hydroxides supplier to the United States, with a 79% share of total imports. Moreover, molybdenum oxides and hydroxides imports from Chile exceeded the figures recorded by the second-largest supplier, South Korea (X tons), sixfold. India (X tons) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume from Chile amounted to +25.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+105.3% per year) and India (+1,009.1% per year).

In value terms, Chile ($X) constituted the largest supplier of molybdenum oxides and hydroxides to the United States, comprising 80% of total imports. The second position in the ranking was held by South Korea ($X), with a 12% share of total imports. It was followed by China, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile amounted to +30.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+134.1% per year) and China (+0.7% per year).

Import Prices by Country

The average molybdenum oxides and hydroxides import price stood at $X per ton in 2022, surging by 23% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, molybdenum oxides and hydroxides import price increased by +84.7% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 50% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per ton) and Chile ($X per ton), while the price for South Korea ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+155.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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