Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in the United Arab Emirates - 2022

Contents:

  1. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in the United Arab Emirates (CIF) - 2022
  2. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in the United Arab Emirates (FOB) - 2022
  3. Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in the United Arab Emirates
  4. Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in the United Arab Emirates

Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $7,130 per ton, surging by 148% against the previous year. Overall, the import price recorded buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Democratic Republic of the Congo ($21,982 per ton), while the price for Malaysia ($1,610 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $25,869 per ton, growing by 968% against the previous year. In general, the export price recorded a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($54,657 per ton), while the average price for exports to Senegal ($1,897 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 Iran (+3.3%), while the prices for the other major destinations experienced a decline.

Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in the United Arab Emirates

In 2022, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses into the United Arab Emirates dropped notably to 2.6K tons, falling by -81.9% against the previous year. In general, imports showed a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses shrank rapidly to $19M in 2022. Overall, imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports attained the peak of $42M, and then declined significantly in the following year.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo7.74.21.814.022.1%
AustraliaN/AN/A0.12.42300.0%
IndiaN/AN/AN/A1.60%
Malaysia1.92.610.40.3-46.0%
IndonesiaN/AN/AN/A0.20%
ThailandN/AN/A1.60.2-87.5%
Rwanda22.013.620.60.1-83.4%
South Africa2.81.42.7N/A-1.8%
Others3.15.64.5N/A20.5%
Total37.527.541.818.8-20.6%

Top Suppliers of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates to the United Arab Emirates in 2022:

  1. Australia (1020.1 tons)
  2. India (643.5 tons)
  3. Democratic Republic of the Congo (635.7 tons)
  4. Malaysia (167.9 tons)
  5. Thailand (84.0 tons)
  6. Indonesia (63.0 tons)
  7. Rwanda (19.4 tons)

Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in the United Arab Emirates

In 2022, shipments abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses decreased by -90.7% to 635 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. As a result, the exports attained the peak of 6.8K tons, and then shrank markedly in the following year.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses declined to $16M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 73%. As a result, the exports attained the peak of $16M, leveling off in the following year.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A13.30%
GermanyN/AN/AN/A2.30%
ChinaN/AN/AN/A0.50%
Saudi Arabia1.10.30.10.1-55.0%
JapanN/AN/AN/A0.10%
SenegalN/AN/AN/A0.10%
RussiaN/AN/AN/A0.10%
United States2.1N/A3.5N/A29.1%
Iran4.48.012.8N/A70.6%
OthersN/A1.10.10.1-69.8%
Total7.69.516.516.429.2%

Top Export Markets for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates from the United Arab Emirates in 2022:

  1. Kazakhstan (242.9 tons)
  2. China (173.1 tons)
  3. Germany (104.1 tons)
  4. Senegal (28.1 tons)
  5. Saudi Arabia (22.7 tons)
  6. Russia (20.0 tons)
  7. Japan (19.4 tons)

Source: IndexBox Market Intelligence Platform

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