Price for Vanadium Oxides and Hydroxides in Lithuania - 2023
Contents:
- Price for Vanadium Oxides and Hydroxides in Lithuania (CIF) - 2022
- Price for Vanadium Oxides and Hydroxides in Lithuania (FOB) - 2022
- Imports of Vanadium Oxides and Hydroxides in Lithuania
- Exports of Vanadium Oxides and Hydroxides in Lithuania
Price for Vanadium Oxides and Hydroxides in Lithuania (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $5,141 per ton in 2022, falling by -99.4% against the previous year. Overall, the import price faced a precipitous descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 2,931% against the previous year. As a result, import price attained the peak level of $810,375 per ton, and then declined remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($57,000 per ton), while the price for Taiwan (Chinese) stood at $5,096 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.0%).
Price for Vanadium Oxides and Hydroxides in Lithuania (FOB) - 2022
The average vanadium oxides and hydroxides export price stood at $18,774 per ton in 2021, with a decrease of -27.3% against the previous year. In general, the export price, however, showed significant growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 5.7% against the previous year. The export price peaked at $32,521 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Belarus ($19,991 per ton), while the average price for exports to Russia amounted to $18,258 per ton.
From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+31.6%).
Imports of Vanadium Oxides and Hydroxides in Lithuania
After two years of decline, supplies from abroad of vanadium oxides and hydroxideses increased by 19,513% to 3.1 tons in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage.
In value terms, vanadium oxides and hydroxides imports soared to $16K in 2022. Over the period under review, imports, however, saw a sharp downturn.
| Import of Vanadium Oxides and Hydroxides in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | N/A | N/A | 16.0 | 0% |
| Germany | 224 | 0.1 | 0.2 | 0.1 | -92.4% |
| United Kingdom | N/A | 53.2 | N/A | N/A | 0% |
| Others | N/A | 0.1 | 12.8 | 0.1 | 0.0% |
| Total | 224 | 53.5 | 13.0 | 16.1 | -58.4% |
Top Suppliers of Vanadium Oxides and Hydroxides to Lithuania in 2022:
- Taiwan (Chinese) (3.1 tons)
Exports of Vanadium Oxides and Hydroxides in Lithuania
In 2022, after two years of decline, there was significant decline in shipments abroad of vanadium oxides and hydroxideses, when their volume decreased by 99.9% to less than 0.1 kg. In general, exports saw a sharp decline. The smallest decline of -75.2% was in 2020.
In value terms, vanadium oxides and hydroxides exports dropped markedly to $87 in 2022. Over the period under review, exports showed a sharp curtailment. The smallest decline of -27.3% was in 2021.
| Export of Vanadium Oxides and Hydroxides in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Russia | 332 | 53.2 | 36.5 | -66.8% | |
| Belarus | 42.3 | 20.2 | 17.0 | -36.6% | |
| Others | N/A | 0.1 | N/A | 0% | |
| Total | 374 | 73.6 | 53.5 | -62.2% | |
Top Export Markets for Vanadium Oxides and Hydroxides from Lithuania in 2022:
- Russia (2.0 tons)
- Belarus (0.8 tons)
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