Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Indonesia - 2022

Contents:

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

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

In 2022, the average import price for niobium, tantalum, vanadium ores and concentrateses amounted to $2,472 per ton, which is down by -26.8% against the previous year. Over the period under review, the import price recorded a pronounced decline. The pace of growth appeared the most rapid in 2018 an increase of 33% against the previous year. The import price peaked at $3,377 per ton in 2021, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($15,012 per ton), while the price for Australia ($1,850 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of niobium, tantalum, vanadium ores and concentrateses imported into Indonesia surged to 425 tons, jumping by 189% compared with the previous year. In general, imports enjoyed strong growth. 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 $1.1M in 2022. Overall, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Niobium, Tantalum, Vanadium Ores and Concentrates in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia16313517757752.4%
Germany29182.61143274.0%
Japan15174.7101140-2.5%
China16.810.510.40.4-71.2%
Spain65.450.661.9N/A-2.7%
South Africa48.127.825.4N/A-27.3%
Others2.31.57.97.648.9%
Total7383824981,05212.5%

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

  1. Australia (312.0 tons)
  2. Germany (104.0 tons)
  3. Japan (9.3 tons)
  4. China (0.1 tons)

Source: IndexBox Market Intelligence Platform

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