Price for Vanadium Oxides and Hydroxides in Switzerland - 2023
Contents:
- Price for Vanadium Oxides and Hydroxides in Switzerland (CIF) - 2022
- Price for Vanadium Oxides and Hydroxides in Switzerland (FOB) - 2022
- Imports of Vanadium Oxides and Hydroxides in Switzerland
- Exports of Vanadium Oxides and Hydroxides in Switzerland
Price for Vanadium Oxides and Hydroxides in Switzerland (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $61,060 per ton in 2022, leveling off at the previous year. Over the period under review, the import price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27% against the previous year. The import price peaked at $217,848 per ton in 2015; however, from 2016 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 the United States ($133,167 per ton), while the price for the UK ($23,929 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vanadium Oxides and Hydroxides in Switzerland (FOB) - 2022
The average vanadium oxides and hydroxides export price stood at $185,225 per ton in 2022, with an increase of 6.2% against the previous year. Over the period under review, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of 106%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +4.8% per year.
Imports of Vanadium Oxides and Hydroxides in Switzerland
For the third consecutive year, Switzerland recorded decline in supplies from abroad of vanadium oxides and hydroxideses, which decreased by -24.5% to 151 kg in 2022. Over the period under review, imports saw a precipitous shrinkage. The smallest decline of -19.6% was in 2020.
In value terms, vanadium oxides and hydroxides imports shrank notably to $9.2K in 2022. Overall, imports recorded a dramatic decline.
| Import of Vanadium Oxides and Hydroxides in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.3 | 13.8 | 10.2 | 5.8 | -24.2% |
| United Kingdom | N/A | 0.1 | N/A | 1.7 | 312.3% |
| United States | 1.7 | 2.2 | 0.3 | 0.8 | -22.2% |
| Germany | 6.9 | 3.1 | 1.3 | 0.6 | -55.7% |
| Austria | 5.7 | 0.2 | 0.3 | 0.2 | -67.3% |
| Taiwan (Chinese) | 4.3 | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Total | 32.1 | 19.4 | 12.1 | 9.2 | -34.1% |
Top Suppliers of Vanadium Oxides and Hydroxides to Switzerland in 2022:
- United Kingdom (70.0 kg)
- China (55.0 kg)
- Germany (10.0 kg)
- United States (6.0 kg)
- Austria (4.0 kg)
Exports of Vanadium Oxides and Hydroxides in Switzerland
In 2022, vanadium oxides and hydroxides exports from Switzerland declined to 40 kg, dropping by -13% against the previous year's figure. Over the period under review, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year.
In value terms, vanadium oxides and hydroxides exports reduced to $7.4K in 2022. In general, exports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 95%. As a result, the exports reached the peak of $8K, and then declined in the following year.
| Export of Vanadium Oxides and Hydroxides in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.7 | 4.1 | 8.0 | 7.4 | -1.3% |
| France | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.8 | 4.1 | 8.0 | 7.4 | -1.7% |
Top Export Markets for Vanadium Oxides and Hydroxides from Switzerland in 2022:
- Germany (40.0 kg)
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