Price for Vanadium Oxides and Hydroxides in Egypt - 2022
Contents:
- Price for Vanadium Oxides and Hydroxides in Egypt (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Egypt
Price for Vanadium Oxides and Hydroxides in Egypt (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $20,392 per ton in 2022, with an increase of 26% against the previous year. Overall, the import price enjoyed noticeable growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 74% against the previous year. The import price peaked at $45,436 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($20,392 per ton), while the price for Taiwan (Chinese) ($20,391 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced a decline.
Imports of Vanadium Oxides and Hydroxides in Egypt
For the fourth year in a row, Egypt recorded growth in overseas purchases of vanadium oxides and hydroxideses, which increased by 44% to 21 tons in 2022. In general, imports showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 297% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, vanadium oxides and hydroxides imports surged to $431K in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Vanadium Oxides and Hydroxides in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | 58.1 | 238 | 146 | 58.5% |
Taiwan (Chinese) | N/A | N/A | N/A | 145 | 0% |
United States | N/A | N/A | N/A | 140 | 0% |
Italy | 139 | 107 | N/A | N/A | -23.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 139 | 165 | 238 | 431 | 45.8% |
Top Suppliers of Vanadium Oxides and Hydroxides to Egypt in 2022:
- Germany (7.2 tons)
- Taiwan (Chinese) (7.1 tons)
- United States (6.9 tons)
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