Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in South Africa - 2023
Contents:
- Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in South Africa (FOB) - 2023
- Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in South Africa (CIF) - 2022
- Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in South Africa
- Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in South Africa
Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in South Africa (FOB) - 2023
In December 2023, the average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $865 per ton, dropping by -28.1% against the previous month. In general, the export price showed a perceptible downturn. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 29% m-o-m. Over the period under review, the average export prices hit record highs at $1,564 per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was India ($1,932 per ton), while the average price for exports to China ($648 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-0.4%), while the prices for the other major destinations experienced a decline.
Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in South Africa (CIF) - 2022
The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,970 per ton in 2022, surging by 204% against the previous year. Overall, the import price, however, showed a sharp decrease. Over the period under review, average import prices attained the maximum at $43,099 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,200 per ton), while the price for Senegal ($714 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (-4.9%), while the prices for the other major suppliers experienced a decline.
Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in South Africa
In 2022, after two years of decline, there was significant growth in shipments abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses, when their volume increased by 26% to 403K tons. The total export volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached 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 $631M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 209 | 210 | 172 | 303 | 13.2% |
| Spain | 49.1 | 53.3 | 49.5 | 64.2 | 9.3% |
| Netherlands | 53.7 | 43.8 | 19.2 | 53.2 | -0.3% |
| Italy | 16.7 | 26.6 | 26.1 | 44.1 | 38.2% |
| Brazil | 6.1 | 2.0 | 22.1 | 39.2 | 85.9% |
| United States | 29.4 | 13.6 | 16.8 | 28.1 | -1.5% |
| India | 14.0 | 10.7 | 26.1 | 25.9 | 22.8% |
| Japan | 13.6 | 6.4 | 8.0 | 14.4 | 1.9% |
| Others | 55.7 | 38.0 | 49.7 | 59.1 | 2.0% |
| Total | 447 | 404 | 389 | 631 | 12.2% |
Top Export Markets for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates from South Africa in 2022:
- China (235.5K tons)
- Spain (30.8K tons)
- Netherlands (27.0K tons)
- Italy (21.2K tons)
- Brazil (19.5K tons)
- United States (18.3K tons)
- India (13.0K tons)
- Japan (7.0K tons)
Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in South Africa
In 2022, supplies from abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses decreased by -94.3% to 27 tons, falling for the second consecutive year after two years of growth. In general, imports faced a sharp descent. The growth pace was the most rapid in 2020 with an increase of 206% against the previous year. As a result, imports reached the peak of 874 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses fell significantly to $81K in 2022. Over the period under review, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 2.8% against the previous year.
| Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | N/A | 63.7 | 0% |
| United States | 13.6 | 3.2 | 9.7 | 13.8 | 0.5% |
| Spain | N/A | N/A | 323 | N/A | 0% |
| Nigeria | N/A | 451 | 134 | N/A | -70.3% |
| Senegal | 105 | N/A | N/A | N/A | 0% |
| Netherlands | 92.2 | N/A | N/A | N/A | 0% |
| Ukraine | 179 | N/A | N/A | N/A | 0% |
| Others | 116 | 0.3 | 0.3 | 3.8 | -68.0% |
| Total | 506 | 454 | 467 | 81.2 | -45.7% |
Top Suppliers of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates to South Africa in 2022:
- Vietnam (24.5 tons)
- United States (2.7 tons)
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This report provides an in-depth analysis of the market for zirconium ore and concentrate in South Africa.
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This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
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This report provides an in-depth analysis of the market for zirconium ore and concentrate in South Africa.
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This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
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Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.
779
The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.
314
Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.
779
The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.
