The global export of Ferro-Molybdenum in 2023 saw significant participation from South Korea, leading with 27.34 kilograms, reflecting a 4.31% growth year-on-year. While Belgium and the UK also figured prominently, other notable exporters included Chile, Armenia, and the Netherlands. A notable decline was observed in China and several European countries. South Africa and Finland exhibited remarkable growth rates of 58.94% and 101.58%, respectively. However, countries like Canada and Italy experienced significant declines of around 30%.
Future trends indicate that emerging markets like South Africa may continue to expand their share in Ferro-Molybdenum exports, whereas traditional players might face challenges from economic or regulatory shifts. Monitoring geopolitical dynamics and technological advancements will be essential for understanding future developments in this sector.
Top countries in Export of Ferro-Molybdenum Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 27.34 | 2023 | +5.06% | +4.31% | View data |
| 2 | 2 Belgium | 15.76 | 2023 | -1.69% | -2.22% | View data |
| 3 | 3 United Kingdom | 13.91 | 2023 | +1.41% | +0.99% | View data |
| 4 | 4 Chile | 9.37 | 2023 | +1.3% | -2.67% | View data |
| 5 | 5 Armenia | 9.2 | 2023 | +2.6% | +5.59% | View data |
| 6 | 6 Netherlands | 9.12 | 2023 | +2.73% | +1.16% | View data |
| 7 | 7 China | 2.38 | 2023 | -13.6% | -9.45% | View data |
| 8 | 8 Germany | 1.75 | 2023 | -4.48% | -2.01% | View data |
| 9 | 9 Russia | 1.55 | 2023 | -11.43% | -1.6% | View data |
| 10 | 10 United States | 1.5 | 2023 | +0.57% | -2.25% | View data |
