Salts; Molybdates Price in Belgium - 2023

Contents:

1. Salts; Molybdates Price in Belgium (CIF) - 2023
2. Salts; Molybdates Price in Belgium (FOB) - 2022
3. Salts; Molybdates Imports in Belgium
4. Salts; Molybdates Exports in Belgium

Salts; Molybdates Price in Belgium (CIF) - 2023

The average salts; molybdates import price stood at $13,430 per ton in July 2023, picking up by 74% against the previous month. In general, the import price posted a remarkable increase. The most prominent rate of growth was recorded in December 2022 an increase of 812% m-o-m. The import price peaked at $29,761 per ton in March 2023; however, from April 2023 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Chile ($37,273 per ton), while the price for the Netherlands ($2,573 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Chile (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Salts; Molybdates Price in Belgium (FOB) - 2022

In 2022, the average salts; molybdates export price amounted to $6,742 per ton, surging by 2.4% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 17%. Over the period under review, the average export prices attained the maximum at $26,137 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($22,419 per ton), while the average price for exports to Poland ($4,019 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.7%), while the prices for the other major destinations experienced a decline.

Salts; Molybdates Imports in Belgium

In 2022, purchases abroad of salts; molybdateses decreased by -37.4% to 1.9K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2020 with an increase of 24% against the previous year.

In value terms, salts; molybdates imports fell rapidly to $9M in 2022. Over the period under review, imports, however, posted moderate growth. The pace of growth appeared the most rapid in 2021 with an increase of 79%. As a result, imports attained the peak of $14M, and then shrank sharply in the following year.

Top Suppliers of Salts; Molybdates to Belgium in 2022:

1. Netherlands (1523.2 tons)
2. Poland (165.2 tons)
3. India (55.3 tons)
4. Germany (46.4 tons)
5. Italy (33.5 tons)

Salts; Molybdates Exports in Belgium

In 2022, after three years of growth, there was decline in overseas shipments of salts; molybdateses, when their volume decreased by -4.3% to 1.5K tons. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 119% against the previous year. As a result, the exports attained the peak of 1.5K tons, and then contracted in the following year.

In value terms, salts; molybdates exports dropped slightly to $9.8M in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 116%. As a result, the exports reached the peak of $10M, and then declined slightly in the following year.

Top Export Markets for Salts; Molybdates from Belgium in 2022:

1. Poland (1249.5 tons)
2. France (57.2 tons)
3. Finland (31.1 tons)
4. Germany (28.2 tons)
5. Italy (0.6 tons)

Source: IndexBox Market Intelligence Platform