Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Thailand - 2023
Contents:
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Thailand (CIF) - 2022
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Thailand (FOB) - 2022
- Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Thailand
- Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Thailand
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Thailand (CIF) - 2022
In 2022, the average import price for niobium, tantalum, vanadium ores and concentrateses amounted to $3,263 per ton, with an increase of 70% against the previous year. In general, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 383%. The import price peaked at $4,691 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Congo ($6,193 per ton), while the price for Australia ($856 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Thailand (FOB) - 2022
In 2022, the average export price for niobium, tantalum, vanadium ores and concentrateses amounted to $1,215 per ton, reducing by -66.9% against the previous year. In general, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2021 when the average export price increased by 1,840% against the previous year. The export price peaked at $17,727 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($2,568 per ton), while the average price for exports to Malaysia ($677 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 China (-9.5%), while the prices for the other major destinations experienced a decline.
Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Thailand
In 2022, after three years of growth, there was significant decline in overseas purchases of niobium, tantalum, vanadium ores and concentrateses, when their volume decreased by -28.2% to 43K tons. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 167% against the previous year.
In value terms, imports of niobium, tantalum, vanadium ores and concentrateses surged to $140M in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 86%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Niobium, Tantalum, Vanadium Ores and Concentrates in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | 21.6 | 14.5 | 42.4 | 52.6 | 34.5% |
| Rwanda | 5.1 | 6.6 | 27.0 | 32.0 | 84.4% |
| Brazil | 0.6 | 0.7 | 8.6 | 23.4 | 239.1% |
| Mozambique | 3.2 | 2.9 | 5.8 | 18.7 | 80.1% |
| Nigeria | 6.5 | 1.6 | 1.8 | 8.2 | 8.1% |
| Australia | 2.5 | 21.1 | 26.4 | 4.2 | 18.9% |
| Germany | 19.1 | 12.7 | 1.2 | N/A | -74.9% |
| Others | 2.5 | 1.4 | 1.0 | 0.6 | -37.9% |
| Total | 61.2 | 61.5 | 114 | 140 | 31.8% |
Top Suppliers of Niobium, Tantalum, Vanadium Ores and Concentrates to Thailand in 2022:
- Brazil (12.7K tons)
- Congo (8.5K tons)
- Mozambique (7.7K tons)
- Rwanda (5.8K tons)
- Australia (4.9K tons)
- Nigeria (3.0K tons)
Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Thailand
In 2022, approx. 795 tons of niobium, tantalum, vanadium ores and concentrateses were exported from Thailand; with an increase of 79% compared with the year before. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 108%. As a result, the exports reached the peak of 881 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of niobium, tantalum, vanadium ores and concentrateses contracted notably to $966K in 2022. In general, exports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 879% against the previous year. As a result, the exports attained the peak of $1.6M, and then declined dramatically in the following year.
| Export of Niobium, Tantalum, Vanadium Ores and Concentrates in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 453 | N/A | N/A | 581 | 8.6% |
| Malaysia | 793 | 166 | 84.5 | 385 | -21.4% |
| United Arab Emirates | N/A | N/A | 1,509 | N/A | 0% |
| Others | N/A | 0.7 | 38.3 | N/A | 5371.4% |
| Total | 1,246 | 167 | 1,632 | 966 | -8.1% |
Top Export Markets for Niobium, Tantalum, Vanadium Ores and Concentrates from Thailand in 2022:
- Malaysia (568.6 tons)
- China (226.2 tons)
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This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
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This report provides an in-depth analysis of the market for zirconium ore and concentrate in Thailand.
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This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
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Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.
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Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.
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The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.
