The import of roasted molybdenum concentrates to China is forecasted to decline from 4.2471 million kilograms in 2024 to 3.1013 million kilograms in 2028. This represents a continuous year-on-year decrease over this period. Compared to 2023, where imports stood slightly higher, a downward trend is apparent, indicating decreasing reliance or shifts in supply chain dynamics over the next decade with a compound annual growth rate showing significant reduction.
Future trends to watch for:
- Potential changes in domestic production capabilities in China.
- Shifts in global demand for molybdenum impacting import needs.
- Trade policy alterations influencing import regulation or tariffs.
- Technological advancements allowing alternative materials or reduced molybdenum usage.