The data indicates that China and South Korea are leading importers of molybdenum profiles, sheets, or foils, not simply sintered, holding the highest dollar shares in 2023, with variations of +3.85% and -3.2%, respectively. The United States also plays a significant role, despite a slight decline of 1.83%. Other notable countries like Germany and Japan saw considerable decreases of 8.69% and 24.55%. Conversely, Singapore experienced substantial growth at 39.86%, while countries like Lithuania made noteworthy gains at 68.92%.
Future trends suggest a continued increase in demand from emerging economies, especially those ramping up manufacturing infrastructure, indicating a shift towards diversification in global imports. Close attention should be paid to economic dynamics in Asia and innovations driving demand in less traditional markets. Additionally, geopolitical tensions could influence trade negotiations and flow, potentially altering import shares significantly.
Top countries in Import of Molybdenum Profiles, Sheet or Foil, Not Simply Sintered Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 31.35 | 2023 | +2.62% | +3.85% | View data |
| 2 | 2 South Korea | 24.39 | 2023 | -4.24% | -3.2% | View data |
| 3 | 3 United States | 10.54 | 2023 | -0.75% | -1.83% | View data |
| 4 | 4 Germany | 10.34 | 2023 | -8.3% | -8.69% | View data |
| 5 | 5 India | 4.89 | 2023 | +1.26% | -1.46% | View data |
| 6 | 6 Russia | 4.43 | 2023 | +3.79% | +1.77% | View data |
| 7 | 7 Japan | 3.34 | 2023 | -34.05% | -24.55% | View data |
| 8 | 8 France | 1.95 | 2023 | -1.28% | +1.46% | View data |
| 9 | 9 Singapore | 1.81 | 2023 | +2.85% | +39.86% | View data |
| 10 | 10 Canada | 1.76 | 2023 | +0.9% | +0.31% | View data |