Price for Vanadium Oxides and Hydroxides in Sweden - 2023
Contents:
- Price for Vanadium Oxides and Hydroxides in Sweden (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Sweden
Price for Vanadium Oxides and Hydroxides in Sweden (CIF) - 2022
In 2022, the average vanadium oxides and hydroxides import price amounted to $20,382 per ton, with a decrease of -2.5% against the previous year. Overall, the import price, however, enjoyed a temperate increase. The growth pace was the most rapid in 2018 an increase of 106% against the previous year. Over the period under review, average import prices reached the peak figure at $30,579 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Denmark ($20,460 per ton) and Germany ($20,448 per ton), while the price for the Netherlands ($19,800 per ton) and Belgium ($20,282 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+40.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vanadium Oxides and Hydroxides in Sweden
For the fourth year in a row, Sweden recorded growth in overseas purchases of vanadium oxides and hydroxideses, which increased by 48% to 228 kg in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 157% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, vanadium oxides and hydroxides imports soared to $4.6K in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 104%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Vanadium Oxides and Hydroxides in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | N/A | 1.8 | 0% |
| Belgium | N/A | N/A | N/A | 1.6 | 0% |
| Germany | 1.2 | 1.5 | 3.2 | 1.2 | 0.0% |
| Netherlands | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 1.2 | 1.6 | 3.2 | 4.6 | 56.5% |
Top Suppliers of Vanadium Oxides and Hydroxides to Sweden in 2022:
- Denmark (87.0 kg)
- Belgium (78.0 kg)
- Germany (58.0 kg)
- Netherlands (5.0 kg)
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