The global export landscape for Molybdenum Ores and Concentrates, except roasted, in 2024 shows Peru as the leading exporter with a slight decline of 0.78% from the previous year, maintaining a strong position. The United States and Chile also face minor downturns, with exports decreasing by 2.6% and 1.67%, respectively. Emerging exporters like Mongolia and China show positive growth, marked by increases of 1.34% and 2.1%, indicating resilience or growing demand. Despite a robust performance from Armenia, showcasing a significant 19.52% increase, many smaller players such as Italy, France, and South Africa are experiencing substantial declines, indicating potential challenges or market shifts.
Future trends to watch in the global molybdenum market include the impact of technological advancements in extraction and processing, evolving environmental regulations, and potential disruptions in the supply chain. Monitoring demand shifts in key industries like aerospace, electronics, and energy, particularly as they pertain to sustainability and efficiency, will be crucial for forecasting and strategic planning. Additionally, geopolitical factors and trade agreements could play significant roles in shaping the export dynamics of this metal in the coming years.
Top countries in Export of Molybdenum Ores and Concentrates Except Roasted by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Peru | 589,080,000 | 2023 | +2.11% | -0.78% | View data |
| 2 | 2 United States | 420,240,000 | 2023 | +0.18% | -2.6% | View data |
| 3 | 3 Chile | 325,960,000 | 2023 | +1.04% | -1.67% | View data |
| 4 | 4 Canada | 98,834,000 | 2023 | -0.21% | -4.11% | View data |
| 5 | 5 Mongolia | 53,389,000 | 2023 | +3.17% | +1.34% | View data |
| 6 | 6 China | 42,519,000 | 2023 | +4.57% | +2.1% | View data |
| 7 | 7 Russia | 29,123,000 | 2023 | +5.16% | -1.4% | View data |
| 8 | 8 Armenia | 15,947,000 | 2023 | +3.55% | +19.52% | View data |
| 9 | 9 South Korea | 3,025,500 | 2023 | -3.78% | -5.59% | View data |
| 10 | 10 Brazil | 324,760 | 2023 | +5.86% | +3.23% | View data |
