Price for Vanadium Oxides and Hydroxides in Oman - 2021
Contents:
- Price for Vanadium Oxides and Hydroxides in Oman (CIF) - 2022
- Price for Vanadium Oxides and Hydroxides in Oman (FOB) - 2022
- Imports of Vanadium Oxides and Hydroxides in Oman
- Exports of Vanadium Oxides and Hydroxides in Oman
Price for Vanadium Oxides and Hydroxides in Oman (CIF) - 2022
In 2022, the average vanadium oxides and hydroxides import price amounted to $22,569 per ton, which is down by -9.4% against the previous year. Over the period under review, the import price showed a pronounced slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 47%. Over the period under review, average import prices reached the maximum at $37,209 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($157,822 per ton), while the price for the United Arab Emirates stood at $16,661 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.3%), while the prices for the other major suppliers experienced a decline.
Price for Vanadium Oxides and Hydroxides in Oman (FOB) - 2022
The average vanadium oxides and hydroxides export price stood at $4,008 per ton in 2021, dropping by -70.2% against the previous year. In general, the export price showed a precipitous slump. Over the period under review, the average export prices attained the peak figure at $13,430 per ton in 2020, and then shrank significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for Iran.
From 2020 to 2021, the rate of growth in terms of prices for Iran amounted to -70.2% per year.
Imports of Vanadium Oxides and Hydroxides in Oman
In 2022, the amount of vanadium oxides and hydroxideses imported into Oman expanded markedly to 3.7 tons, increasing by 7.8% compared with the previous year's figure. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 720%. As a result, imports attained the peak of 4.9 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, vanadium oxides and hydroxides imports dropped modestly to $84K in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 272% against the previous year.
| Import of Vanadium Oxides and Hydroxides in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 18.9 | 33.1 | 61.9 | 58.9 | 46.1% |
| India | 3.3 | 19.1 | 24.3 | 21.3 | 86.2% |
| China | N/A | 30.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 4.0 | 0% |
| Total | 22.1 | 82.2 | 86.2 | 84.2 | 56.2% |
Top Suppliers of Vanadium Oxides and Hydroxides to Oman in 2022:
- United Arab Emirates (3.5 tons)
- India (0.1 tons)
Exports of Vanadium Oxides and Hydroxides in Oman
In 2021, exports of vanadium oxides and hydroxideses from Oman skyrocketed to 52 tons, rising by 408% compared with 2020. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, vanadium oxides and hydroxides exports skyrocketed to $209K in 2021. Overall, total exports indicated a significant increase from 2020 to 2021: its value increased at an average annual rate of +51.6% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vanadium Oxides and Hydroxides in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Iran | 138 | 209 | 51.4% | ||
| Others | N/A | N/A | 0% | ||
| Total | 138 | 209 | 51.4% | ||
Top Export Markets for Vanadium Oxides and Hydroxides from Oman in 2022:
- Iran (52.0 tons)
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