In 2023, China led the global export of molybdenum, with Germany, the United Kingdom, and the United States also being significant players. Notable year-on-year changes were observed, including a decrease in exports from Japan and the United States while Canada and Ireland experienced growth. Slovakia and the Philippines saw remarkable export increases, indicating expanding production or supply chains in these regions. Conversely, Spain and Slovenia decreased notably due to constraints or market shifts.
Future trends to watch include potential shifts due to technological advancements, geopolitical dynamics, and sustainability factors that could affect molybdenum production and export patterns. Attention to emerging markets may reveal new opportunities or challenges. Additionally, fluctuations in global demand for steel and electronics, industries heavily reliant on molybdenum, will play a crucial role in shaping export landscapes.
Top countries in Export of Molybdenum by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 162,720,000 | 2023 | -0.5% | -1.87% | View data |
| 2 | 2 Germany | 61,339,000 | 2023 | -0.15% | -1.62% | View data |
| 3 | 3 United Kingdom | 45,874,000 | 2023 | +4.65% | +2.44% | View data |
| 4 | 4 United States | 39,467,000 | 2023 | -8.12% | -6.6% | View data |
| 5 | 5 South Korea | 34,381,000 | 2023 | +1.68% | +1.34% | View data |
| 6 | 6 Japan | 32,875,000 | 2023 | -10.31% | -9.78% | View data |
| 7 | 7 Estonia | 19,246,000 | 2023 | +6.77% | +1.25% | View data |
| 8 | 8 Canada | 12,881,000 | 2023 | +3.33% | +7.33% | View data |
| 9 | 9 Russia | 8,781,900 | 2023 | +3.49% | -1.08% | View data |
| 10 | 10 Malaysia | 5,252,900 | 2023 | +5.17% | +4.59% | View data |
