Ferro-molybdenum exports from the United Kingdom: data, top buyers and prices
In 2024, the United Kingdom exported ferro-molybdenum worth $405.8 million (12.3 thousand tonnes). It ranks 2nd of 59 countries for exports of this product. Value fell 20% from 2023. Over 2017-2024 the trade grew strongly, by about 12% a year on average. The peak in this period was 2023, at $509.8 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $405.8M | 12.3K t |
| 2023 | $509.8M | 12.7K t |
| 2022 | $310.8M | 10.3K t |
| 2021 | $244.4M | 10.0K t |
| 2020 | $108.7M | 7.6K t |
| 2019 | $230.5M | 12.3K t |
| 2018 | $252.4M | 13.4K t |
| 2017 | $178.6M | 12.9K t |
Where the United Kingdom exports ferro-molybdenum to
The largest buyer markets were Netherlands (31%), Mexico (18%), Spain (12%). Among the main buyer markets, Italy grew fastest (+151% on the year before).
| Destination | Value | Share |
|---|---|---|
| Netherlands | $127.0M | 31% |
| Mexico | $74.7M | 18% |
| Spain | $47.6M | 12% |
| Germany | $44.8M | 11% |
| Sweden | $38.0M | 9.4% |
| France | $19.1M | 4.7% |
| Italy | $13.3M | 3.3% |
| United States | $13.1M | 3.2% |
| Poland | $7.0M | 1.7% |
| Brazil | $4.3M | 1.1% |
Average export price per kg
The average declared value was about $32.88 per kg, close to the world average of $28.46.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Ferro-molybdenum imports to the United Kingdom
In 2024, the United Kingdom imported ferro-molybdenum worth $13.4 million (395 tonnes). The largest suppliers were Belgium (43%), Japan (17%), South Korea (9%). Among the main suppliers, Chile grew fastest (+53% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Belgium | $5.7M | 43% |
| Japan | $2.3M | 17% |
| South Korea | $1.2M | 8.7% |
| Netherlands | $1.2M | 8.7% |
| Armenia | $1.2M | 8.6% |
| Chile | $448K | 3.3% |
| Vietnam | $367K | 2.7% |
| Austria | $359K | 2.7% |
| China | $295K | 2.2% |
| Sweden | $148K | 1.1% |
Who is behind these numbers in the United Kingdom?
The shipment records behind United Kingdom ferro-molybdenum exports (HS 7202.70): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7202.70: Ferro-alloys: ferro-molybdenum.
Common questions
What is the value of ferro-molybdenum exported by the United Kingdom?
The United Kingdom exported ferro-molybdenum worth $405.8 million in 2024, the latest year with complete public data, about 12.3 thousand tonnes. That ranks it 2nd of 59 countries worldwide, with 14% of world exports. The value was down 20% on 2023.
Which countries buy ferro-molybdenum from the United Kingdom?
The Netherlands was the largest buyer with 31% of the value ($127.0 million), followed by Mexico (18%) and Spain (12%). The top three together account for 61%, out of 34 buyer countries in total. Brazil grew fastest among the top ten, up 311% on the year.
What is the average export price of ferro-molybdenum per kg?
The average declared export value was about $32.88 per kg in 2024, 16% above the world average of $28.46 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of ferro-molybdenum from the United Kingdom changed since 2017?
Exports went from $178.6 million in 2017 to $405.8 million in 2024, an increase of 127%. The peak was 2023 at $509.8 million. Over 8 years the average was $280.1 million a year.
Does the United Kingdom also import ferro-molybdenum?
Yes. The United Kingdom imported $13.4 million worth of this product in 2024, mainly from Belgium, Japan and South Korea. On balance the United Kingdom is a net exporter of this product, by about $392.4 million a year.
What is the HS code for ferro-molybdenum?
The HS code for ferro-molybdenum is subheading 7202.70. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7202 page.
How can I find the companies behind this trade?
Shipment-level records for the United Kingdom reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
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