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

Contents:

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

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

In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $2,294 per ton, with an increase of 45% against the previous year. In general, the import price showed modest growth. The most prominent rate of growth was recorded in 2018 an increase of 88%. As a result, import price attained the peak level of $2,515 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 the United States ($37,333 per ton), while the price for Spain ($922 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+24.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $2,675 per ton, waning by -58.3% against the previous year. In general, the export price, however, posted a perceptible increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 125% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,261 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($7,880 per ton), while the average price for exports to Nicaragua stood at $2,362 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+14.0%).

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

In 2022, supplies from abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses decreased by -65.7% to 52 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. As a result, imports attained the peak of 152 tons, and then declined markedly in the following year.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses fell dramatically to $119K in 2022. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 177% against the previous year.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A69.955.277.05.0%
Spain45.529.510629.1-13.8%
IndiaN/AN/A25.9N/A0%
United Arab EmiratesN/A23.924.7N/A3.3%
Others5.417.927.713.234.7%
Total50.914123911932.7%

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

  1. Spain (31.6 tons)
  2. Italy (20.2 tons)

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

For the fourth year in a row, Guatemala recorded growth in shipments abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses, which increased by 518% to 8.8 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 544% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses skyrocketed to $24K in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 422%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NicaraguaN/AN/AN/A19.60%
Honduras1.36.89.13.944.2%
OthersN/AN/AN/AN/A0%
Total1.36.89.123.5162.4%

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

  1. Nicaragua (8.3 tons)
  2. Honduras (0.5 tons)

Source: IndexBox Market Intelligence Platform

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