Price for Niobium, Tantalum, Vanadium Ores and Concentrates in India - 2023
Contents:
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in India (CIF) - 2022
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in India (FOB) - 2022
- Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in India
- Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in India
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in India (CIF) - 2022
The average import price for niobium, tantalum, vanadium ores and concentrateses stood at $1,145 per ton in 2022, with an increase of 69% against the previous year. Overall, the import price, however, faced a precipitous contraction. The import price peaked at $25,918 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($5,758 per ton), while the price for South Korea ($579 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+6.7%), while the prices for the other major suppliers experienced a decline.
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in India (FOB) - 2022
In 2022, the average export price for niobium, tantalum, vanadium ores and concentrateses amounted to $13,653 per ton, reducing by -49.3% against the previous year. Overall, the export price saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 33% against the previous year. The export price peaked at $29,227 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($18,549 per ton), while the average price for exports to Bhutan totaled $8,660 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+39.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in India
In 2022, approx. 4.4K tons of niobium, tantalum, vanadium ores and concentrateses were imported into India; which is down by -16.6% on 2021 figures. In general, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 327% against the previous year.
In value terms, imports of niobium, tantalum, vanadium ores and concentrateses skyrocketed to $5.1M in 2022. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 258% against the previous year.
| Import of Niobium, Tantalum, Vanadium Ores and Concentrates in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,236 | 541 | 1,864 | 2,491 | 26.3% |
| Mexico | 391 | N/A | 241 | 1,378 | 52.2% |
| Taiwan (Chinese) | 155 | 100 | 137 | 984 | 85.2% |
| South Korea | N/A | 227 | 263 | 34.8 | -60.8% |
| Kuwait | 3,865 | N/A | 1,003 | N/A | -49.1% |
| Others | 1,306 | 138 | 95.5 | 178 | -48.5% |
| Total | 6,954 | 1,006 | 3,602 | 5,066 | -10.0% |
Top Suppliers of Niobium, Tantalum, Vanadium Ores and Concentrates to India in 2022:
- Canada (3815.4 tons)
- Mexico (352.1 tons)
- Taiwan (Chinese) (170.8 tons)
- South Korea (60.1 tons)
Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in India
For the third consecutive year, India recorded decline in shipments abroad of niobium, tantalum, vanadium ores and concentrateses, which decreased by -97.9% to 101 kg in 2022. Overall, exports saw a precipitous setback. The smallest decline of -14.2% was in 2020.
In value terms, exports of niobium, tantalum, vanadium ores and concentrateses contracted rapidly to $1.4K in 2022. Over the period under review, exports recorded a sharp shrinkage. The smallest decline of -11.6% was in 2021.
| Export of Niobium, Tantalum, Vanadium Ores and Concentrates in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 5.4 | N/A | N/A | 0.9 | -45.0% |
| Bhutan | N/A | N/A | N/A | 0.4 | 0% |
| Latvia | 153 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 118 | N/A | 0% |
| United Arab Emirates | N/A | 144 | N/A | N/A | 0% |
| Turkey | N/A | N/A | 9.5 | N/A | 0% |
| Others | 4.2 | 0.4 | N/A | N/A | -90.5% |
| Total | 163 | 144 | 127 | 1.4 | -79.5% |
Top Export Markets for Niobium, Tantalum, Vanadium Ores and Concentrates from India in 2022:
- Bangladesh (51.0 kg)
- Bhutan (50.0 kg)
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This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
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This report provides an in-depth analysis of the market for zirconium ore and concentrate in India.
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This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
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Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.
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The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.
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Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.
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The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.
