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

Contents:

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

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

In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $1,853 per ton, which is down by -45.1% against the previous year. Overall, the import price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2019 an increase of 58%. As a result, import price attained the peak level of $5,191 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 Japan ($4,891 per ton), while the price for Taiwan (Chinese) stood at $1,539 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+14.6%), 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 the Philippines (FOB) - 2022

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $21,948 per ton in 2022, leveling off at the previous year. Over the period under review, the export price saw a perceptible slump. The pace of growth appeared the most rapid in 2016 an increase of 55% against the previous year. Over the period under review, the average export prices attained the peak figure at $27,681 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($83,528 per ton), while the average price for exports to Vietnam stood at $1,728 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+16.4%).

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

In 2022, overseas purchases of niobium, tantalum, vanadium or zirconium ores and concentrateses decreased by -51.8% to 51 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 43%. As a result, imports attained the peak of 134 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses reduced markedly to $94K in 2022. Over the period under review, imports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 1.6%. As a result, imports reached the peak of $497K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)28.236.138.070.635.8%
Japan91.217.326.923.1-36.7%
Thailand57.069.979.1N/A17.8%
Malaysia39.141.741.1N/A2.5%
France95.583.645.6N/A-30.9%
South AfricaN/A78.8N/AN/A0%
Italy40.746.949.8N/A10.6%
Others13712273.4N/A-26.8%
Total48949735493.7-42.3%

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

  1. Taiwan (Chinese) (45.9 tons)
  2. Japan (4.7 tons)

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

In 2022, shipments abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses decreased by 0% to 2.1 tons, falling for the second year in a row after two years of growth. In general, exports saw a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of 78% against the previous year. As a result, the exports reached the peak of 4.1 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $47K in 2022. Overall, exports saw a perceptible descent. The most prominent rate of growth was recorded in 2020 with an increase of 72% against the previous year. As a result, the exports attained the peak of $94K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan48.385.2N/A44.1-3.0%
Vietnam6.18.5N/A2.8-22.9%
Others0.10.2N/A0.10.0%
Total54.593.9N/A46.9-4.9%

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

  1. Vietnam (1610.0 kg)
  2. Japan (528.0 kg)

Source: IndexBox Market Intelligence Platform

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