Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Iran - 2022
Contents:
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Iran (FOB) - 2022
- Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Iran
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Iran (FOB) - 2022
In 2022, the average export price for niobium, tantalum, vanadium ores and concentrateses amounted to $51,155 per ton, growing by 27% against the previous year. Over the period under review, the export price, however, recorded a mild setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 50%. As a result, the export price attained the peak level of $68,549 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($58,613 per ton), while the average price for exports to Russia ($20,526 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+18.1%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Iran
In 2022, the amount of niobium, tantalum, vanadium ores and concentrateses exported from Iran skyrocketed to 38 tons, rising by 413% on the year before. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of niobium, tantalum, vanadium ores and concentrateses soared to $1.9M in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Niobium, Tantalum, Vanadium Ores and Concentrates in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 34.6 | 95.7 | 261 | 1,770 | 271.2% |
| Russia | 99.7 | 116 | 32.6 | 148 | 14.1% |
| Others | 9.1 | 7.2 | 1.6 | 7.4 | -6.7% |
| Total | 143 | 219 | 295 | 1,925 | 137.9% |
Top Export Markets for Niobium, Tantalum, Vanadium Ores and Concentrates from Iran in 2022:
- Kazakhstan (30.2 tons)
- Russia (7.2 tons)
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