Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Ethiopia - 2022

Contents:

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

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

In 2022, the average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $13,388 per ton, declining by -7.2% against the previous year. In general, the export price saw a slight decrease. The growth pace was the most rapid in 2018 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices hit record highs at $15,766 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($17,959 per ton), while the average price for exports to Hong Kong SAR ($6,429 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 (+6.5%), while the prices for the other major destinations experienced a decline.

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

The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $1,834 per ton in 2022, falling by -37.9% against the previous year. Overall, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2015 an increase of 76% against the previous year. Over the period under review, average import prices hit record highs at $7,075 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -5.7% per year.

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

In 2022, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses from Ethiopia skyrocketed to 934 tons, growing by 169% against the year before. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses surged to $12M in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Ethiopia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore0.40.61.05.4138.1%
Hong Kong SAR0.20.10.22.8141.0%
China2.60.50.21.9-9.9%
Germany1.52.62.8N/A36.6%
Thailand0.50.40.3N/A-22.5%
India0.20.20.2N/A0.0%
United Arab Emirates0.30.20.3N/A0.0%
OthersN/AN/AN/A2.40%
Total5.74.65.012.529.9%

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

  1. Hong Kong SAR (439.0 tons)
  2. Singapore (303.5 tons)
  3. China (170.3 tons)

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

In 2022, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses into Ethiopia skyrocketed to 165 tons, increasing by 9,227% on the previous year. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses skyrocketed to $303K in 2022. Over the period under review, imports posted significant growth. 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 Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.65.45.2303278.2%
OthersN/AN/AN/AN/A0%
Total5.65.45.2303278.2%

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

  1. China (165.0 tons)

Source: IndexBox Market Intelligence Platform

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