In 2024, Malaysia leads the global export of molybdenum wire with a significant 91.65 kilogram share, followed by China with 3.79 kilograms and South Korea at 0.95 kilograms. Notably, Malaysia experienced a substantial year-on-year increase of 6.99%, while Australia saw a remarkable surge of 131.7%. However, Germany and other European countries like Poland and the Czech Republic experienced notable declines.
Future trends suggest focusing on emerging Asian markets, as countries like Thailand and Malaysia continue to grow their exports. Monitoring technological advancements and global demand shifts will be crucial, particularly in Asia-Pacific and European regions looking to innovate and optimize production processes.
Top countries in Export of Molybdenum Wire Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malaysia | 91.65 | 2023 | +4.33% | +6.99% | View data |
| 2 | 2 China | 3.79 | 2023 | -0.04% | +0.56% | View data |
| 3 | 3 South Korea | 0.95 | 2023 | +0.53% | +0.7% | View data |
| 4 | 4 Germany | 0.42 | 2023 | -7.91% | -4.49% | View data |
| 5 | 5 Thailand | 0.2 | 2023 | +3.48% | +13.44% | View data |
| 6 | 6 Sweden | 0.17 | 2023 | +4.22% | +1.45% | View data |
| 7 | 7 India | 0.1 | 2023 | +0.59% | -0.48% | View data |
| 8 | 8 Poland | 0.072 | 2023 | +2.69% | -3.6% | View data |
| 9 | 9 Czech Republic | 0.069 | 2023 | -0.74% | -0.84% | View data |
| 10 | 10 United Arab Emirates | 0.061 | 2023 | -0.11% | -4.77% | View data |