Price for Vanadium Oxides and Hydroxides in New Zealand - 2023
Contents:
- Price for Vanadium Oxides and Hydroxides in New Zealand (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in New Zealand
Price for Vanadium Oxides and Hydroxides in New Zealand (CIF) - 2022
In 2022, the average vanadium oxides and hydroxides import price amounted to $29,438 per ton, flattening at the previous year. In general, the import price saw a buoyant expansion. The growth pace was the most rapid in 2020 an increase of 50% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($160,000 per ton), while the price for Germany totaled $20,733 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+81.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vanadium Oxides and Hydroxides in New Zealand
In 2022, purchases abroad of vanadium oxides and hydroxideses decreased by 0% to 16 kg, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 86% against the previous year. As a result, imports reached the peak of 41 kg. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, vanadium oxides and hydroxides imports amounted to $471 in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 180% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Vanadium Oxides and Hydroxides in New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.0 | 1.0 | N/A | 311 | 577.5% |
| India | N/A | N/A | N/A | 160 | 0% |
| China | 6.0 | 14.0 | N/A | N/A | 133.3% |
| Austria | 1.0 | 1.0 | N/A | N/A | 0.0% |
| Australia | 143 | 421 | N/A | N/A | 194.4% |
| Canada | 1.0 | 1.0 | N/A | N/A | 0.0% |
| Others | 9.0 | 13.0 | N/A | N/A | 44.4% |
| Total | 161 | 451 | N/A | 471 | 43.0% |
Top Suppliers of Vanadium Oxides and Hydroxides to New Zealand in 2022:
- Germany (15.0 kg)
- India (1.0 kg)
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