The analysis of the global export of molybdenum ores and concentrates, excluding roasted, shows that Peru, the United States, and Chile dominate the market, holding the highest export shares. In 2023, Peru led with a slight decrease of 0.78%, followed by the United States and Chile, which experienced declines of 2.6% and 1.67% respectively. Notably, Armenia showed significant growth with a 19.52% increase. Mongolia and China also experienced positive growth, whereas major European exporters like Italy and France saw considerable declines, with contractions of 17.37% and 34.13% respectively.
Future trends to watch include:
- Potential shifts in the market dynamics as emerging economies like Mongolia and Brazil continue to expand their export capabilities.
- Geopolitical factors and sustainability concerns that might affect mining regulations and international trade agreements.
- The impact of technological advancements in ore processing and extraction, possibly enhancing efficiency and output.
- Monitoring the economic policies in major exporting countries, as they could alter competitive positioning on the global stage.
Top countries in Export of Molybdenum Ores and Concentrates Except Roasted Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Peru | 36.22 | 2023 | +2.11% | -0.78% | View data |
| 2 | 2 United States | 25.84 | 2023 | +0.18% | -2.6% | View data |
| 3 | 3 Chile | 20.04 | 2023 | +1.04% | -1.67% | View data |
| 4 | 4 Canada | 6.08 | 2023 | -0.21% | -4.11% | View data |
| 5 | 5 Mongolia | 3.28 | 2023 | +3.17% | +1.34% | View data |
| 6 | 6 China | 2.61 | 2023 | +4.57% | +2.1% | View data |
| 7 | 7 Russia | 1.79 | 2023 | +5.16% | -1.4% | View data |
| 8 | 8 Armenia | 0.98 | 2023 | +3.55% | +19.52% | View data |
| 9 | 9 South Korea | 0.19 | 2023 | -3.78% | -5.59% | View data |
| 10 | 10 Brazil | 0.02 | 2023 | +5.86% | +3.23% | View data |
