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

Contents:

  1. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Uzbekistan (CIF) - 2022
  2. Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Uzbekistan

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

In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $3,649 per ton, growing by 129% against the previous year. In general, the import price showed significant growth. The growth pace was the most rapid in 2018 when the average import price increased by 920%. Over the period under review, average import prices hit record highs 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 India ($4,343 per ton), while the price for China ($1,735 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+88.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas purchases of niobium, tantalum, vanadium or zirconium ores and concentrateses decreased by -36.6% to 145 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 360%.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses soared to $530K in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 355% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain33.6197117344117.1%
IndonesiaN/AN/AN/A63.30%
ChinaN/AN/AN/A46.90%
TurkeyN/A18.263.940.849.7%
IndiaN/AN/AN/A27.10%
UkraineN/AN/AN/A7.10%
Russia30.513.69.5N/A-44.2%
ItalyN/A9.427.2N/A189.4%
Others33.6206146N/A108.5%
Total97.844436453075.6%

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

  1. Spain (84.5 tons)
  2. China (27.0 tons)
  3. Indonesia (15.0 tons)
  4. Turkey (10.0 tons)
  5. India (6.3 tons)
  6. Ukraine (2.4 tons)

Source: IndexBox Market Intelligence Platform

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