In 2024, India leads the global import of molybdenum oxides and hydroxides, contributing 21.94% of the total share by kilograms, followed by the United States with 14.73% and Japan with 9.08%. Key markets such as Czech Republic and Denmark showcase considerable growth with 25.68% and 9.26% year-on-year growth, respectively. In contrast, Belgium, Mexico, and Peru have shown declines in their imports compared to previous years. Over the last five years, countries like Switzerland and Morocco have experienced substantial growth rates, indicating a rising interest in molybdenum products.
Future trends to watch include continuous growth momentum in the Czech Republic and substantial emerging demand from countries with lower current shares but high growth rates, such as Slovenia and Bolivia. As industries increasingly focus on advanced material needs, shifts in global trade relationships or technological advancements could noticeably influence import dynamics in this sector.
Top countries in Import of Molybdenum Oxides and Hydroxides Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 21.94 | 2023 | +5.37% | +5.7% | View data |
| 2 | 2 United States | 14.73 | 2023 | +5.03% | +5.15% | View data |
| 3 | 3 Japan | 9.08 | 2023 | +1.84% | +4.13% | View data |
| 4 | 4 Germany | 8.99 | 2023 | +1.54% | +1.19% | View data |
| 5 | 5 Czech Republic | 8.78 | 2023 | +6.35% | +25.68% | View data |
| 6 | 6 France | 5.63 | 2023 | +2.29% | +2.73% | View data |
| 7 | 7 Denmark | 5.5 | 2023 | +5.05% | +9.26% | View data |
| 8 | 8 United Kingdom | 5.24 | 2023 | +0.79% | +3.96% | View data |
| 9 | 9 Kuwait | 2.79 | 2023 | +3.37% | +2.03% | View data |
| 10 | 10 Russia | 2.48 | 2023 | +2.14% | +3.06% | View data |