Molybdenum; Wire Price in Israel - 2023

Contents:

  1. Molybdenum; Wire Price in Israel (CIF) - 2022
  2. Molybdenum; Wire Price in Israel (FOB) - 2022
  3. Molybdenum; Wire Imports in Israel
  4. Molybdenum; Wire Exports in Israel

Molybdenum; Wire Price in Israel (CIF) - 2022

The average molybdenum; wire import price stood at $96,719 per ton in 2022, rising by 6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2021 an increase of 26%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($96,721 per ton) and China ($96,721 per ton), while the price for Switzerland ($96,719 per ton) and Germany ($96,719 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+34.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Molybdenum; Wire Price in Israel (FOB) - 2022

In 2022, the average molybdenum; wire export price amounted to $84,445 per ton, increasing by 105% against the previous year. In general, the export price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2015 an increase of 155% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($488,980 per ton), while the average price for exports to Canada amounted to $44,267 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+10.7%).

Molybdenum; Wire Imports in Israel

In 2022, purchases abroad of molybdenum; wires decreased by -14.7% to 517 kg, falling for the second year in a row after two years of growth. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 359%. As a result, imports reached the peak of 983 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, molybdenum; wire imports reduced to $50K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 344% against the previous year. As a result, imports attained the peak of $71K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Molybdenum; Wire in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.513.311.843.098.5%
SwitzerlandN/AN/A1.15.0354.5%
Austria4.07.86.51.0-37.0%
China0.40.80.51.035.7%
United States0.61.93.6N/A144.9%
Japan0.41.61.8N/A112.1%
Netherlands5.245.58.9N/A30.8%
OthersN/A0.120.8N/A20700.0%
Total16.071.055.050.046.2%

Top Suppliers of Molybdenum; Wire to Israel in 2022:

  1. Germany (445.0 kg)
  2. Switzerland (52.0 kg)
  3. Austria (10.0 kg)
  4. China (10.0 kg)

Molybdenum; Wire Exports in Israel

In 2022, shipments abroad of molybdenum; wires decreased by -41.2% to 10 kg, falling for the second year in a row after two years of growth. In general, exports showed a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. As a result, the exports attained the peak of 33 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, molybdenum; wire exports skyrocketed to $874 in 2022. Overall, exports recorded a deep setback.

Export of Molybdenum; Wire in Israel (USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/AN/A5180%
Canada1,1251,046701318-34.4%
OthersN/AN/AN/A38.00%
Total1,1251,046701874-8.1%

Top Export Markets for Molybdenum; Wire from Israel in 2022:

  1. Canada (7.0 kg)
  2. Australia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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