Molybdenum; Wire Price in Finland - 2023
Contents:
Molybdenum; Wire Price in Finland (CIF) - 2022
In 2022, the average molybdenum; wire import price amounted to $276,601 per ton, dropping by -8% against the previous year. In general, the import price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2017 an increase of 49% against the previous year. The import price peaked at $300,518 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,426,467 per ton), while the price for China ($166,007 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Molybdenum; Wire Imports in Finland
In 2022, after three years of growth, there was significant decline in supplies from abroad of molybdenum; wires, when their volume decreased by -16.7% to 15 kg. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 50%. As a result, imports reached the peak of 18 kg, and then declined sharply in the following year.
In value terms, molybdenum; wire imports plummeted to $4.1K in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 88%.
| Import of Molybdenum; Wire in Finland (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 623 | 1,647 | 1,287 | 2,640 | 61.8% |
| United States | 353 | N/A | 3,198 | 674 | 24.1% |
| Austria | 205 | N/A | N/A | 470 | 31.9% |
| China | 144 | 206 | 824 | 174 | 6.5% |
| United Kingdom | 172 | 993 | N/A | 40.0 | -38.5% |
| Others | 18.0 | N/A | N/A | 80.0 | 64.4% |
| Total | 1,515 | 2,846 | 5,309 | 4,078 | 39.1% |
Top Suppliers of Molybdenum; Wire to Finland in 2022:
- Germany (11.0 kg)
- Austria (2.0 kg)
- China (1.0 kg)
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