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

Contents:

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

Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Guatemala (FOB) - 2022

In 2022, the average export price for niobium, tantalum, vanadium ores and concentrateses amounted to $7,880 per ton, growing by 23% against the previous year. In general, the export price showed a strong increase. The growth pace was the most rapid in 2018 when the average export price increased by 125% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to +14.0% per year.

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

The average import price for niobium, tantalum, vanadium ores and concentrateses stood at $5,600 per ton in 2022, picking up by 58% against the previous year. Over the period under review, the import price, however, saw a slight reduction. The import price peaked at $9,224 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 United Arab Emirates amounted to -1.6% per year.

Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Guatemala

After three years of growth, shipments abroad of niobium, tantalum, vanadium ores and concentrateses decreased by -64.9% to 500 kg in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 544%.

In value terms, exports of niobium, tantalum, vanadium ores and concentrateses dropped dramatically to $3.9K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 422% against the previous year.

Export of Niobium, Tantalum, Vanadium Ores and Concentrates in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras1.36.89.13.944.2%
OthersN/AN/AN/AN/A0%
Total1.36.89.13.944.2%

Top Export Markets for Niobium, Tantalum, Vanadium Ores and Concentrates from Guatemala in 2022:

  1. Honduras (500.0 kg)

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

In 2022, the amount of niobium, tantalum, vanadium ores and concentrateses imported into Guatemala contracted notably to 20 kg, waning by -99.9% on 2021. Overall, imports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. As a result, imports reached the peak of 14 tons, and then declined notably in the following year.

In value terms, imports of niobium, tantalum, vanadium ores and concentrateses plummeted to $112 in 2022. In general, imports faced a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 111%. As a result, imports reached the peak of $51K, and then dropped rapidly in the following year.

Import of Niobium, Tantalum, Vanadium Ores and Concentrates in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.412.026.20.1-80.5%
Spain2.11.11.4N/A-18.4%
IndiaN/AN/A11.8N/A0%
United Arab Emirates28.49.911.3N/A-36.9%
OthersN/A1.1N/AN/A0%
Total43.924.050.70.1-86.8%

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

  1. United States (20.0 kg)

Source: IndexBox Market Intelligence Platform

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