Report Update Apr 1, 2024

Thailand - Molybdenum Ore - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Molybdenum Ore Market 2022

Molybdenum Ore Market Size in Thailand

In 2021, the Thai molybdenum ore market decreased by -11% to $X, falling for the third year in a row after three years of growth. In general, consumption recorded a deep slump. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Molybdenum Ore Exports

Exports from Thailand

After four years of growth, shipments abroad of molybdenum ores decreased by -31% to X tons in 2021. Overall, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 289% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then declined notably in the following year.

In value terms, molybdenum ore exports expanded markedly to $X in 2021. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by 511% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), China (X tons) and South Korea (X tons) were the main destinations of molybdenum ore exports from Thailand, together comprising 94% of total exports.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +383.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X) emerged as the key foreign market for molybdenum ore exports from Thailand, comprising 64% of total exports. The second position in the ranking was held by China ($X), with a 25% share of total exports. It was followed by Japan, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value to India stood at +69.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+440.2% per year) and Japan (+343.5% per year).

Export Prices by Country

The average molybdenum ore export price stood at $X per ton in 2021, rising by 54% against the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 an increase of 64%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Molybdenum Ore Imports

Imports into Thailand

In 2021, imports of molybdenum ores into Thailand dropped markedly to X tons, shrinking by -34% against the previous year's figure. In general, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 90% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, molybdenum ore imports skyrocketed to $X in 2021. Overall, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2014 when imports increased by 266% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Mongolia (X tons) constituted the largest supplier of molybdenum ore to Thailand, accounting for a 43% share of total imports. Moreover, molybdenum ore imports from Mongolia exceeded the figures recorded by the second-largest supplier, Peru (X tons), twofold. The third position in this ranking was taken by China (X tons), with a 19% share.

From 2012 to 2021, the average annual growth rate of volume from Mongolia totaled +82.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+31.9% per year) and China (+54.2% per year).

In value terms, Mongolia ($X) constituted the largest supplier of molybdenum ore to Thailand, comprising 63% of total imports. The second position in the ranking was taken by Peru ($X), with a 19% share of total imports. It was followed by Chile, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value from Mongolia amounted to +77.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+26.1% per year) and Chile (-8.2% per year).

Import Prices by Country

In 2021, the average molybdenum ore import price amounted to $X per ton, jumping by 93% against the previous year. Over the period under review, the import price posted strong growth. The growth pace was the most rapid in 2018 an increase of 127% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Mongolia ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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 consumption in 2021 were Chile, the United States and Japan, together comprising 41% of global consumption. China, South Korea, Canada, Brazil, Belgium, the UK, India, Mexico, the Netherlands and the Philippines lagged somewhat behind, together comprising a further 43%.

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

The countries with the highest volumes of production in 2021 were Chile, the United States and Peru, with a combined 63% share of global production. Mexico, Canada, China and Armenia lagged somewhat behind, together comprising a further 27%.

What are the leading suppliers of molybdenum ore to Thailand?

In value terms, Mongolia constituted the largest supplier of molybdenum ore to Thailand, comprising 63% of total imports. The second position in the ranking was held by Peru, with a 19% share of total imports. It was followed by Chile, with a 9.1% share.

What are the leading importers of molybdenum ore from Thailand?

In value terms, India emerged as the key foreign market for molybdenum ore exports from Thailand, comprising 64% of total exports. The second position in the ranking was taken by China, with a 25% share of total exports. It was followed by Japan, with a 5.2% share.

What is the average export price for molybdenum ore in Thailand?

In 2021, the average molybdenum ore export price amounted to $14,698 per ton, with an increase of 54% against the previous year.

What is the average import price for molybdenum ore in Thailand?

In 2021, the average molybdenum ore import price amounted to $8,845 per ton, increasing by 93% against the previous year.

This report provides an in-depth analysis of the molybdenum ore market in Thailand. 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:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
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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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
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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