Price for Vanadium Oxides and Hydroxides in Belarus - 2022
Contents:
- Price for Vanadium Oxides and Hydroxides in Belarus (CIF) - 2022
- Price for Vanadium Oxides and Hydroxides in Belarus (FOB) - 2022
- Imports of Vanadium Oxides and Hydroxides in Belarus
- Exports of Vanadium Oxides and Hydroxides in Belarus
Price for Vanadium Oxides and Hydroxides in Belarus (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $24,586 per ton in 2022, stabilizing at the previous year. In general, the import price saw a pronounced reduction. The growth pace was the most rapid in 2019 an increase of 34%. The import price peaked at $31,501 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($47,295 per ton), while the price for Taiwan (Chinese) ($14,868 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vanadium Oxides and Hydroxides in Belarus (FOB) - 2022
In 2022, the average vanadium oxides and hydroxides export price amounted to $16,667 per ton, dropping by -16.7% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices attained the peak figure at $20,000 per ton in 2021, and then contracted rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +5.4% per year.
Imports of Vanadium Oxides and Hydroxides in Belarus
In 2022, the amount of vanadium oxides and hydroxideses imported into Belarus plummeted to 1.3 tons, which is down by -24.6% compared with the year before. In general, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 97% against the previous year. As a result, imports attained the peak of 1.7 tons, and then shrank sharply in the following year.
In value terms, vanadium oxides and hydroxides imports declined rapidly to $31K in 2022. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 104%.
| Import of Vanadium Oxides and Hydroxides in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 14.9 | 10.6 | 21.5 | 16.7 | 3.9% |
| Lithuania | 7.7 | 2.3 | 3.6 | 3.9 | -20.3% |
| Taiwan (Chinese) | 4.5 | 2.8 | 5.0 | 3.6 | -7.2% |
| India | 7.6 | 2.3 | 4.3 | 3.1 | -25.8% |
| Austria | N/A | N/A | 3.6 | N/A | 0% |
| Others | 7.7 | 2.4 | 3.7 | 3.9 | -20.3% |
| Total | 42.4 | 20.5 | 41.8 | 31.1 | -9.8% |
Top Suppliers of Vanadium Oxides and Hydroxides to Belarus in 2022:
- Poland (353.0 kg)
- Lithuania (250.0 kg)
- Taiwan (Chinese) (242.0 kg)
- India (167.0 kg)
Exports of Vanadium Oxides and Hydroxides in Belarus
After two years of decline, overseas shipments of vanadium oxides and hydroxideses increased by 20% to 6 kg in 2022. In general, exports, however, recorded a deep contraction.
In value terms, vanadium oxides and hydroxides exports amounted to $100 in 2022. Overall, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Vanadium Oxides and Hydroxides in Belarus (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 100 | 100 | 100 | 100 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 100 | 100 | 100 | 100 | 0.0% |
Top Export Markets for Vanadium Oxides and Hydroxides from Belarus in 2022:
- Russia (6.0 kg)
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