Price for Vanadium Oxides and Hydroxides in Slovenia - 2023

Contents:

  1. Price for Vanadium Oxides and Hydroxides in Slovenia (CIF) - 2022
  2. Price for Vanadium Oxides and Hydroxides in Slovenia (FOB) - 2022
  3. Imports of Vanadium Oxides and Hydroxides in Slovenia
  4. Exports of Vanadium Oxides and Hydroxides in Slovenia

Price for Vanadium Oxides and Hydroxides in Slovenia (CIF) - 2022

The average vanadium oxides and hydroxides import price stood at $227,500 per ton in 2022, increasing by 148% against the previous year. Over the period under review, the import price saw a significant increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 363% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($171,000 per ton), while the price for Belgium stood at $52,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vanadium Oxides and Hydroxides in Slovenia (FOB) - 2022

The average vanadium oxides and hydroxides export price stood at $10,714 per ton in 2022, declining by -21.6% against the previous year. Overall, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 52% against the previous year. The export price peaked at $48,333 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($11,500 per ton), while the average price for exports to Croatia stood at $10,400 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (-15.5%).

Imports of Vanadium Oxides and Hydroxides in Slovenia

In 2022, approx. 2 kg of vanadium oxides and hydroxideses were imported into Slovenia; with a decrease of -99.9% compared with 2021. In general, imports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 68,200%. As a result, imports attained the peak of 2 tons, and then declined dramatically in the following year.

In value terms, vanadium oxides and hydroxides imports declined sharply to $455 in 2022. Over the period under review, imports saw a sharp setback. The pace of growth appeared the most rapid in 2021 when imports increased by 98,713%. As a result, imports attained the peak of $188K, and then contracted markedly in the following year.

Import of Vanadium Oxides and Hydroxides in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.3N/A0.50.2-12.6%
BelgiumN/A0.20.10.1-29.3%
Italy1.2N/A187N/A1148.3%
OthersN/AN/A0.30.2-33.3%
Total1.50.21880.5-30.7%

Top Suppliers of Vanadium Oxides and Hydroxides to Slovenia in 2022:

  1. Belgium (1.0 kg)
  2. Germany (1.0 kg)

Exports of Vanadium Oxides and Hydroxides in Slovenia

In 2022, shipments abroad of vanadium oxides and hydroxideses decreased by 99.9% to 7 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 333,267% against the previous year. As a result, the exports reached the peak of 20 tons, and then dropped dramatically in the following year.

In value terms, vanadium oxides and hydroxides exports reduced notably to $75 in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 255,436% against the previous year. As a result, the exports attained the peak of $273K, and then reduced markedly in the following year.

Export of Vanadium Oxides and Hydroxides in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CroatiaN/AN/AN/A0.10%
Bosnia and HerzegovinaN/AN/AN/AN/A0%
IndiaN/AN/A273N/A0%
OthersN/A0.10.1N/A0.0%
TotalN/A0.12730.10.0%

Top Export Markets for Vanadium Oxides and Hydroxides from Slovenia in 2022:

  1. Croatia (5.0 kg)
  2. Bosnia and Herzegovina (2.0 kg)

Source: IndexBox Market Intelligence Platform

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