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

Contents:

  1. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Thailand (CIF) - 2022
  2. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Thailand (FOB) - 2023
  3. Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Thailand
  4. Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Thailand

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

In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $3,892 per ton, jumping by 188% against the previous year. In general, the import price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 230%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Congo ($63,774 per ton), while the price for Australia ($570 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Thailand (FOB) - 2023

In November 2023, the average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $1,894 per ton, stabilizing at the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 33% m-o-m. As a result, the export price attained the peak level of $1,936 per ton; afterwards, it flattened through to November 2023.

Average prices varied somewhat for the major foreign markets. In November 2023, the country with the highest price was Japan ($2,270 per ton), while the average price for exports to India amounted to $1,742 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, supplies from abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses decreased by -60% to 39K tons in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 260%.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses skyrocketed to $152M in 2022. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Congo21.614.542.452.634.5%
Brazil0.60.78.623.4239.1%
Mozambique3.22.95.818.780.1%
Australia3.924.236.57.624.9%
Malaysia2.72.63.75.224.4%
South Africa2.31.32.62.0-4.6%
Others37.227.032.442.54.5%
Total71.573.213215228.6%

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

  1. Mozambique (19.2K tons)
  2. Australia (13.4K tons)
  3. Malaysia (2.4K tons)
  4. South Africa (0.8K tons)
  5. Congo (0.8K tons)
  6. Brazil (0.7K tons)

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

Exports of niobium, tantalum, vanadium or zirconium ores and concentrateses from Thailand fell dramatically to 7.7K tons in 2022, waning by -30.6% against the year before. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,577%. As a result, the exports reached the peak of 11K tons, and then declined dramatically in the following year.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses declined to $12M in 2022. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 3,797%. As a result, the exports attained the peak of $14M, and then shrank in the following year.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.10.22.94.5255.7%
SpainN/AN/AN/A2.50%
China2.6N/A6.92.1-6.9%
Taiwan (Chinese)N/AN/A1.10.8-27.3%
NetherlandsN/AN/A0.90.7-22.2%
BrazilN/AN/AN/A0.60%
Malaysia0.80.20.10.4-20.6%
United Arab EmiratesN/AN/A1.50.2-86.7%
OthersN/AN/A0.60.5-16.7%
Total3.60.414.012.250.2%

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

  1. India (2596.0 tons)
  2. China (2225.5 tons)
  3. Spain (1000.0 tons)
  4. Malaysia (531.6 tons)
  5. Taiwan (Chinese) (384.0 tons)
  6. Netherlands (350.0 tons)
  7. Brazil (296.0 tons)
  8. United Arab Emirates (84.0 tons)

Source: IndexBox Market Intelligence Platform

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