Price for Vanadium Oxides and Hydroxides in Argentina - 2023
Contents:
- Price for Vanadium Oxides and Hydroxides in Argentina (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Argentina
Price for Vanadium Oxides and Hydroxides in Argentina (CIF) - 2022
In 2022, the average vanadium oxides and hydroxides import price amounted to $40,200 per ton, rising by 26% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 46%. The import price peaked at $59,584 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($125,243 per ton), while the price for India ($31,111 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vanadium Oxides and Hydroxides in Argentina
For the fourth year in a row, Argentina recorded growth in supplies from abroad of vanadium oxides and hydroxideses, which increased by 63% to 4.2 tons in 2022. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 89% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, vanadium oxides and hydroxides imports surged to $168K in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vanadium Oxides and Hydroxides in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.9 | 10.9 | 17.4 | 62.2 | 119.3% |
| China | 9.6 | 2.0 | 3.2 | 61.2 | 85.4% |
| United States | N/A | N/A | N/A | 43.8 | 0% |
| South Africa | 20.7 | 23.5 | 15.1 | N/A | -14.6% |
| Italy | 3.2 | 6.6 | 9.6 | N/A | 73.2% |
| Netherlands | 5.0 | 10.8 | 15.9 | N/A | 78.3% |
| Brazil | 1.2 | 2.1 | 2.5 | N/A | 44.3% |
| Others | 6.0 | 6.5 | 18.2 | 1.1 | -43.2% |
| Total | 51.7 | 62.4 | 81.9 | 168 | 48.1% |
Top Suppliers of Vanadium Oxides and Hydroxides to Argentina in 2022:
- India (2.0 tons)
- China (1.8 tons)
- United States (0.3 tons)
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