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

Contents:

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

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

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,171 per ton in 2022, with an increase of 44% against the previous year. Over the period under review, the export price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2020 an increase of 45% against the previous year. Over the period under review, the average export prices hit record highs at $9,033 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($2,325 per ton), while the average price for exports to China ($2,119 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 Malaysia (-10.3%), while the prices for the other major destinations experienced a decline.

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

The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,094 per ton in 2022, falling by -1.5% against the previous year. In general, the import price recorded a deep setback. The pace of growth appeared the most rapid in 2015 when the average import price increased by 5.9%. Over the period under review, average import prices reached the maximum at $3,874 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,000 per ton), while the price for Italy ($2,026 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of niobium, tantalum, vanadium or zirconium ores and concentrateses exported from Kenya dropped slightly to 29K tons, with a decrease of -2% against 2021. Overall, exports faced a deep setback.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses skyrocketed to $63M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Kenya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.429.929.541.56.5%
Spain10.07.511.418.021.6%
Malaysia0.90.80.92.947.7%
Hong Kong SAR1.81.61.6N/A-5.7%
Others0.30.41.20.518.6%
Total47.540.344.763.09.9%

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

  1. China (19.6K tons)
  2. Spain (7.9K tons)
  3. Malaysia (1.2K tons)

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

In 2022, purchases abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses was finally on the rise to reach 1.5 tons after two years of decline. Over the period under review, imports, however, saw a deep contraction.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses rose significantly to $3.2K in 2022. In general, imports, however, continue to indicate a drastic downturn.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.83.22.72.9-8.6%
Spain0.30.20.20.2-12.6%
OthersN/AN/AN/AN/A0%
Total4.13.42.93.2-7.9%

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

  1. Italy (1444.0 kg)
  2. Spain (60.0 kg)

Source: IndexBox Market Intelligence Platform

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