Price for Vanadium Oxides and Hydroxides in Sri Lanka - 2021
Contents:
- Price for Vanadium Oxides and Hydroxides in Sri Lanka (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Sri Lanka
Price for Vanadium Oxides and Hydroxides in Sri Lanka (CIF) - 2022
In 2022, the average vanadium oxides and hydroxides import price amounted to $40,333 per ton, growing by 65% against the previous year. In general, the import price saw a temperate increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 120% against the previous year. The import price peaked at $72,000 per ton in 2017; however, from 2018 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 ($64,000 per ton), while the price for Germany ($11,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.9%), while the prices for the other major suppliers experienced a decline.
Imports of Vanadium Oxides and Hydroxides in Sri Lanka
After three years of growth, supplies from abroad of vanadium oxides and hydroxideses decreased by -40% to 3 kg in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of 5 kg, and then fell rapidly in the following year.
In value terms, vanadium oxides and hydroxides imports fell modestly to $121 in 2022. Overall, imports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 0.8% against the previous year.
| Import of Vanadium Oxides and Hydroxides in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 73.0 | 57.0 | 1.0 | 64.0 | -4.3% |
| United Kingdom | 51.0 | 54.0 | 1.0 | 46.0 | -3.4% |
| Germany | 8.0 | 10.0 | 1.0 | 11.0 | 11.2% |
| China | N/A | N/A | 119 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 132 | 121 | 122 | 121 | -2.9% |
Top Suppliers of Vanadium Oxides and Hydroxides to Sri Lanka in 2022:
- United Kingdom (1.0 kg)
- India (1.0 kg)
- Germany (1.0 kg)
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