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

Contents:

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

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

The average import price for niobium, tantalum, vanadium ores and concentrateses stood at $45,138 per ton in 2022, jumping by 52% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The growth pace was the most rapid in 2015 an increase of 406%. As a result, import price reached the peak level of $65,749 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($283,309 per ton), while the price for Switzerland ($972 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for niobium, tantalum, vanadium ores and concentrateses amounted to $1,034 per ton, falling by -62.3% against the previous year. In general, the export price showed a significant decline. The pace of growth was the most pronounced in 2019 an increase of 835% against the previous year. As a result, the export price attained the peak level of $53,611 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($3,249,500 per ton), while the average price for exports to Germany totaled $861 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+401.6%), while the prices for the other major destinations experienced a decline.

Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in the UK

In 2022, approx. 19 tons of niobium, tantalum, vanadium ores and concentrateses were imported into the UK; increasing by 236% on 2021. In general, imports, however, showed a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 638% against the previous year.

In value terms, imports of niobium, tantalum, vanadium ores and concentrateses soared to $859K in 2022. Overall, imports saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 844%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Niobium, Tantalum, Vanadium Ores and Concentrates in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A10.23933752.9%
FranceN/AN/A21.02651161.9%
ChinaN/A4.94.2140434.5%
NetherlandsN/AN/A1.028.02700.0%
SpainN/AN/A4.010.3157.5%
United States686N/A1038.9-76.5%
South AfricaN/AN/AN/A7.60%
SwitzerlandN/A12.9N/A4.4-41.6%
OthersN/AN/A24.61.8-92.7%
Total68617.81688597.8%

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

  1. France (5.2 tons)
  2. Switzerland (4.5 tons)
  3. South Africa (3.0 tons)
  4. China (2.6 tons)
  5. Germany (1.4 tons)
  6. Netherlands (1.2 tons)
  7. Spain (0.5 tons)
  8. United States (0.4 tons)

Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in the UK

Exports of niobium, tantalum, vanadium ores and concentrateses from the UK surged to 48 tons in 2022, growing by 537% against 2021 figures. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,322% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of niobium, tantalum, vanadium ores and concentrateses surged to $50K in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,506% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Niobium, Tantalum, Vanadium Ores and Concentrates in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A3.341.51157.6%
BelgiumN/AN/A15.2N/A0%
Others25.51.32.38.3-31.2%
Total25.51.320.849.825.0%

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

  1. Germany (48.2 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
The Largest Import Markets for Zirconium Ore and Concentrate
Nov 15, 2023
Eye 300

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.

China Strengthens Leading Position in Global Imports of Zirconium Ores and Concentrates
Oct 15, 2021
Eye 764

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.

The Largest Import Markets for Zirconium Ore and Concentrate
Nov 15, 2023
Eye 300

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.

China Strengthens Leading Position in Global Imports of Zirconium Ores and Concentrates
Oct 15, 2021
Eye 764

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.

Free Data: Niobium, tantalum, vanadium ores and concentrates - United Kingdom