Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Australia - 2023

Contents:

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

Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Australia (CIF) - 2022

The average import price for niobium, tantalum, vanadium ores and concentrateses stood at $2,114 per ton in 2022, which is down by -87.8% against the previous year. Over the period under review, the import price saw a noticeable setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 215% against the previous year. Over the period under review, average import prices attained the maximum at $26,310 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +60.9% per year.

Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Australia

In 2022, approx. 21 tons of niobium, tantalum, vanadium ores and concentrateses were imported into Australia; rising by 849% on 2021 figures. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of niobium, tantalum, vanadium ores and concentrateses soared to $44K in 2022. Overall, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year.

Import of Niobium, Tantalum, Vanadium Ores and Concentrates in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.51.87.143.799.5%
SpainN/AN/A0.5N/A0%
China43.010.920.1N/A-31.6%
Others12.15.29.9N/A-9.5%
Total60.618.037.643.7-10.3%

Top Suppliers of Niobium, Tantalum, Vanadium Ores and Concentrates to Australia in 2022:

  1. United States (20.7 tons)

Source: IndexBox Market Intelligence Platform

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