United Kingdom - Ferro-Molybdenum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Molybdenum Price in the UK - 2023
Contents:
- Ferro-Molybdenum Price in the UK (FOB) - 2023
- Ferro-Molybdenum Price in the UK (CIF) - 2023
- Ferro-Molybdenum Exports in the UK
- Ferro-Molybdenum Imports in the UK
Ferro-Molybdenum Price in the UK (FOB) - 2023
The average ferro-molybdenum export price stood at $45,502 per ton in June 2023, approximately equating the previous month. Overall, export price indicated perceptible growth from June 2022 to June 2023: its price increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, ferro-molybdenum export price decreased by -11.2% against April 2023 indices. The growth pace was the most rapid in January 2023 when the average export price increased by 22% against the previous month. The export price peaked at $51,268 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the Netherlands ($53,008 per ton), while the average price for exports to the United States ($31,687 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Molybdenum Price in the UK (CIF) - 2023
The average ferro-molybdenum import price stood at $38,105 per ton in June 2023, dropping by -9.8% against the previous month. Over the period under review, the import price, however, showed moderate growth. The growth pace was the most rapid in February 2023 an increase of 42% m-o-m. The import price peaked at $60,430 per ton in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Chile ($39,733 per ton) and Belgium ($39,010 per ton), while the price for Austria ($35,615 per ton) and South Korea ($37,073 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Molybdenum Exports in the UK
In 2022, ferro-molybdenum exports from the UK skyrocketed to 12K tons, growing by 27% against the previous year. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 50%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, ferro-molybdenum exports skyrocketed to $293M in 2022. Overall, exports recorded a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 135%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Ferro-Molybdenum in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 20.2 | 4.3 | 60.9 | 80.9 | 58.8% |
Spain | 41.3 | 10.6 | 21.5 | 28.7 | -11.4% |
Sweden | 18.4 | 8.3 | 14.6 | 16.1 | -4.4% |
Argentina | 11.2 | 4.4 | 9.9 | 9.4 | -5.7% |
Germany | 26.0 | 8.9 | 8.1 | 8.2 | -31.9% |
Poland | 2.7 | 1.5 | 3.7 | 4.3 | 16.8% |
France | 16.8 | 3.9 | 2.5 | 3.9 | -38.5% |
Italy | 12.7 | 4.7 | 0.4 | 1.7 | -48.8% |
United States | 4.4 | 1.6 | 3.5 | 1.4 | -31.7% |
Slovenia | 10.4 | 0.2 | 0.4 | 1.3 | -50.0% |
Belgium | 13.0 | 3.9 | N/A | N/A | -70.0% |
Others | 8.0 | 46.1 | 106 | 137 | 157.8% |
Total | 185 | 98.4 | 231 | 293 | 16.6% |
Top Export Markets for Ferro-Molybdenum from the UK in 2022:
- Netherlands (3.4K tons)
- Spain (1.2K tons)
- Sweden (0.7K tons)
- Argentina (0.4K tons)
- Germany (0.3K tons)
- Poland (0.2K tons)
- France (0.2K tons)
- Italy (0.1K tons)
- United States (0.1K tons)
- Slovenia (0.1K tons)
Ferro-Molybdenum Imports in the UK
In 2022, after two years of decline, there was significant growth in supplies from abroad of ferro-molybdenum, when their volume increased by 129% to 543 tons. In general, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-molybdenum imports skyrocketed to $18M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Ferro-Molybdenum in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 2.9 | 0.9 | 0.6 | 5.7 | 25.3% |
South Korea | 0.2 | N/A | N/A | 4.4 | 180.2% |
Armenia | N/A | N/A | N/A | 4.3 | 0% |
China | N/A | N/A | N/A | 3.0 | 0% |
Netherlands | 4.5 | 2.6 | 3.8 | 0.1 | -71.9% |
United States | N/A | N/A | N/A | 0.1 | 0% |
Germany | 0.1 | 0.5 | N/A | 0.1 | 0.0% |
Sweden | 0.6 | 0.2 | 0.4 | N/A | -18.4% |
Others | N/A | N/A | N/A | 0.2 | 0% |
Total | 8.3 | 4.2 | 4.9 | 17.8 | 29.0% |
Top Suppliers of Ferro-Molybdenum to the UK in 2022:
- Belgium (178.1 tons)
- Armenia (120.7 tons)
- South Korea (120.3 tons)
- China (106.4 tons)
- United States (8.6 tons)
- Netherlands (2.7 tons)
- Germany (1.3 tons)
- Sweden (0.4 tons)
This report provides an in-depth analysis of the ferro-molybdenum market in the UK. 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 24101275 - Ferro-molybdenum
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
- Find deeper insights into current market developments
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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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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