Price for Vanadium Oxides and Hydroxides in China - 2023
Contents:
- Price for Vanadium Oxides and Hydroxides in China (FOB) - 2023
- Price for Vanadium Oxides and Hydroxides in China (CIF) - 2023
- Exports of Vanadium Oxides and Hydroxides in China
- Imports of Vanadium Oxides and Hydroxides in China
Price for Vanadium Oxides and Hydroxides in China (FOB) - 2023
The average vanadium oxides and hydroxides export price stood at $13,962 per ton in September 2023, shrinking by -7.8% against the previous month. Overall, the export price saw a mild setback. The growth pace was the most rapid in April 2023 when the average export price increased by 18% month-to-month. As a result, the export price attained the peak level of $19,936 per ton. From May 2023 to September 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In September 2023, the highest price was recorded for prices to the Netherlands ($14,442 per ton) and Japan ($14,198 per ton), while the average price for exports to Canada ($13,603 per ton) and South Korea ($13,876 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.1%), while the prices for the other major destinations experienced a decline.
Price for Vanadium Oxides and Hydroxides in China (CIF) - 2023
The average vanadium oxides and hydroxides import price stood at $11,556 per ton in September 2023, approximately equating the previous month. Over the period under review, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in April 2023 an increase of 8.1% against the previous month. As a result, import price attained the peak level of $15,813 per ton. From May 2023 to September 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From September 2022 to September 2023, the rate of growth in terms of prices for Russia amounted to -1.7% per month.
Exports of Vanadium Oxides and Hydroxides in China
Vanadium oxides and hydroxides exports from China surged to 4.7K tons in 2022, increasing by 21% against 2021 figures. In general, exports, however, showed a precipitous slump.
In value terms, vanadium oxides and hydroxides exports soared to $92M in 2022. Over the period under review, exports, however, saw a drastic downturn.
Export of Vanadium Oxides and Hydroxides in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 85.0 | 17.2 | 32.3 | 42.4 | -20.7% |
Netherlands | 20.1 | 2.7 | 6.8 | 17.5 | -4.5% |
Japan | 15.8 | 6.0 | 9.1 | 11.9 | -9.0% |
Canada | 12.1 | 6.1 | 4.6 | 6.8 | -17.5% |
Germany | 5.5 | 2.2 | 2.1 | 6.5 | 5.7% |
Russia | 2.1 | 0.2 | 1.0 | 5.6 | 38.7% |
Others | 5.1 | 4.0 | 1.7 | 1.4 | -35.0% |
Total | 146 | 38.4 | 57.6 | 92.2 | -14.2% |
Top Export Markets for Vanadium Oxides and Hydroxides from China in 2022:
- South Korea (2337.5 tons)
- Netherlands (772.0 tons)
- Japan (684.0 tons)
- Canada (292.0 tons)
- Germany (254.1 tons)
- Russia (242.0 tons)
Imports of Vanadium Oxides and Hydroxides in China
In 2022, overseas purchases of vanadium oxides and hydroxideses decreased by -50.5% to 1.3K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of 541% against the previous year. As a result, imports reached the peak of 9.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, vanadium oxides and hydroxides imports reduced dramatically to $17M in 2022. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 412% against the previous year. As a result, imports attained the peak of $104M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Vanadium Oxides and Hydroxides in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | 32.2 | 9.9 | 16.2 | -29.1% |
South Korea | 2.0 | 7.1 | 7.4 | 0.3 | -46.9% |
South Africa | 0.7 | 20.9 | 4.0 | N/A | 139.0% |
Brazil | 13.7 | 39.7 | 12.4 | N/A | -4.9% |
Others | 4.0 | 4.2 | 0.5 | 0.1 | -70.8% |
Total | 20.4 | 104 | 34.3 | 16.6 | -6.6% |
Top Suppliers of Vanadium Oxides and Hydroxides to China in 2022:
- Russia (1259.8 tons)
- South Korea (20.0 tons)
This report provides an in-depth analysis of the market for lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide in China.
This report provides an in-depth analysis of the antimony oxides market in China.
This report provides an in-depth analysis of the hydrazine and hydroxylamine market in China.
This report provides an in-depth analysis of the market for molybdenum oxides and hydroxides in China.
This report provides an in-depth analysis of the lithium oxide market in China.
This report provides an in-depth analysis of the market for lithium oxide, hydroxide and carbonate in China.
This report provides an in-depth analysis of the global market for lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide.
This report provides an in-depth analysis of the global antimony oxides market.
This report provides an in-depth analysis of the global hydrazine and hydroxylamine market.
This report provides an in-depth analysis of the global market for molybdenum oxides and hydroxides.
In September 2022, the antimony oxides price stood at $10.5 per kg (FOB, China), waning by -1.8% against the previous month.
Explore the world's top import markets for Lithium Oxide And Hydroxide, Vanadium Oxides And Hydroxides, Nickel Oxides And Hydroxides, Germanium Oxides And Zirconium Dioxide. Discover key statistics and data from the IndexBox market intelligence platform.
In value terms, hydrazine, hydroxylamine and their inorganic salts imports stood at $X in 2016. In general, hydrazine, hydroxylamine and their inorganic salts imports continue to indicate a noticea...
In value terms, hydrazine, hydroxylamine and their inorganic salts exports amounted to $X in 2016. Overall, hydrazine, hydroxylamine and their inorganic salts exports continue to indicate a drastic...
Explore the top import markets for lithium oxide and their import values. Learn about the leading countries, their key statistics, and the growing global demand for this valuable compound.
Explore the top import markets for lithium oxide, hydroxide, and carbonate, including China, South Korea, Japan, and more. Discover key statistics and insights on the demand for these essential components in the production of lithium-ion batteries.
In September 2022, the antimony oxides price stood at $10.5 per kg (FOB, China), waning by -1.8% against the previous month.
Explore the world's top import markets for Lithium Oxide And Hydroxide, Vanadium Oxides And Hydroxides, Nickel Oxides And Hydroxides, Germanium Oxides And Zirconium Dioxide. Discover key statistics and data from the IndexBox market intelligence platform.
In value terms, hydrazine, hydroxylamine and their inorganic salts imports stood at $X in 2016. In general, hydrazine, hydroxylamine and their inorganic salts imports continue to indicate a noticea...
In value terms, hydrazine, hydroxylamine and their inorganic salts exports amounted to $X in 2016. Overall, hydrazine, hydroxylamine and their inorganic salts exports continue to indicate a drastic...