Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Canada - 2023

Contents:

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

Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Canada (FOB) - 2022

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $9,755 per ton in 2022, jumping by 25% against the previous year. Overall, the export price showed a temperate increase. The pace of growth was the most pronounced in 2018 an increase of 145% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($37,998 per ton), while the average price for exports to India ($4,832 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 India (+20.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Canada (CIF) - 2022

The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,397 per ton in 2022, surging by 22% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 42% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($3,116 per ton), while the price for Italy ($1,697 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Canada

In 2022, the amount of niobium, tantalum, vanadium or zirconium ores and concentrateses exported from Canada surged to 1.5K tons, with an increase of 188% compared with 2021. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 436%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses soared to $15M in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 343% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.30.10.17.2188.4%
Taiwan (Chinese)N/AN/A1.74.0135.3%
India1.00.21.82.637.5%
VietnamN/A0.50.1N/A-80.0%
OthersN/AN/A0.30.8166.7%
Total1.30.94.014.5123.4%

Top Export Markets for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates from Canada in 2022:

  1. United States (832.9 tons)
  2. India (532.6 tons)
  3. Taiwan (Chinese) (104.3 tons)

Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Canada

In 2022, after two years of decline, there was significant growth in purchases abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses, when their volume increased by 38% to 2.5K tons. In general, imports, however, recorded a relatively flat trend pattern.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses surged to $5.9M in 2022. Over the period under review, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4,0792,8351,5772,736-12.5%
South Africa8381,4861,1162,24038.8%
Saudi Arabia61.356.911044894.1%
Australia21199.72522302.9%
Italy4.447.829.684.9168.2%
China82.3N/A3465.5-59.4%
Others27725967.4139-20.5%
Total5,5534,7853,4985,8821.9%

Top Suppliers of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates to Canada in 2022:

  1. United States (1062.2 tons)
  2. South Africa (1033.1 tons)
  3. Saudi Arabia (208.0 tons)
  4. Australia (73.7 tons)
  5. Italy (50.0 tons)
  6. China (1.7 tons)

Source: IndexBox Market Intelligence Platform

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