Price for Vanadium Oxides and Hydroxides in Finland - 2022
Contents:
- Price for Vanadium Oxides and Hydroxides in Finland (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Finland
Price for Vanadium Oxides and Hydroxides in Finland (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $17,500 per ton in 2022, falling by -78.6% against the previous year. Over the period under review, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 1,402% against the previous year. The import price peaked at $143,500 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($18,000 per ton), while the price for Belgium ($13,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vanadium Oxides and Hydroxides in Finland
In 2022, vanadium oxides and hydroxides imports into Finland soared to 20 kg, with an increase of 567% on 2021 figures. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 2,650% against the previous year. As a result, imports attained the peak of 55 kg. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, vanadium oxides and hydroxides imports soared to $350 in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vanadium Oxides and Hydroxides in Finland (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | 92.0 | 175 | 90.2% |
| United Kingdom | N/A | N/A | 16.0 | 162 | 912.5% |
| Belgium | N/A | N/A | N/A | 13.0 | 0% |
| Germany | 287 | N/A | 137 | N/A | -30.9% |
| United States | N/A | 215 | N/A | N/A | 0% |
| Others | N/A | 84.0 | N/A | N/A | 0% |
| Total | 287 | 299 | 245 | 350 | 6.8% |
Top Suppliers of Vanadium Oxides and Hydroxides to Finland in 2022:
- Switzerland (10.0 kg)
- United Kingdom (9.0 kg)
- Belgium (1.0 kg)
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