Price for Vanadium Oxides and Hydroxides in the Czech Republic - 2023
Contents:
- Price for Vanadium Oxides and Hydroxides in the Czech Republic (CIF) - 2023
- Price for Vanadium Oxides and Hydroxides in the Czech Republic (FOB) - 2022
- Imports of Vanadium Oxides and Hydroxides in the Czech Republic
- Exports of Vanadium Oxides and Hydroxides in the Czech Republic
Price for Vanadium Oxides and Hydroxides in the Czech Republic (CIF) - 2023
In July 2023, the average vanadium oxides and hydroxides import price amounted to $45,139 per ton, surging by 100% against the previous month. In general, the import price enjoyed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From August 2022 to July 2023, the rate of growth in terms of prices for Russia amounted to +1.4% per month.
Price for Vanadium Oxides and Hydroxides in the Czech Republic (FOB) - 2022
The average vanadium oxides and hydroxides export price stood at $9,886 per ton in 2022, surging by 4.2% against the previous year. In general, the export price saw significant growth. The export price peaked at $14,303 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($12,397 per ton), while the average price for exports to the Netherlands stood at $6,747 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (-3.5%).
Imports of Vanadium Oxides and Hydroxides in the Czech Republic
Vanadium oxides and hydroxides imports into the Czech Republic shrank notably to 8.6K tons in 2022, reducing by -18.5% on the previous year. In general, imports saw a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year.
In value terms, vanadium oxides and hydroxides imports fell modestly to $128M in 2022. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 102%.
| Import of Vanadium Oxides and Hydroxides in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 190 | 56.1 | 122 | 122 | -13.7% |
| Austria | 22.2 | 7.6 | 7.0 | 6.8 | -32.6% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 212 | 64.0 | 129 | 128 | -15.5% |
Top Suppliers of Vanadium Oxides and Hydroxides to the Czech Republic in 2022:
- Russia (8.3K tons)
- Austria (0.3K tons)
Exports of Vanadium Oxides and Hydroxides in the Czech Republic
After two years of decline, overseas shipments of vanadium oxides and hydroxideses increased by 112% to 9.4 tons in 2022. In general, exports, however, faced a precipitous setback.
In value terms, vanadium oxides and hydroxides exports skyrocketed to $93K in 2022. Overall, exports, however, showed a sharp downturn.
| Export of Vanadium Oxides and Hydroxides in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | N/A | 7.1 | N/A | 64.6 | 201.6% |
| Netherlands | N/A | N/A | 42.0 | 28.1 | -33.1% |
| Bulgaria | 130 | N/A | N/A | N/A | 0% |
| Belgium | N/A | 136 | N/A | N/A | 0% |
| Ukraine | 481 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 611 | 143 | 42.0 | 92.7 | -46.7% |
Top Export Markets for Vanadium Oxides and Hydroxides from the Czech Republic in 2022:
- Croatia (5.2 tons)
- Netherlands (4.2 tons)
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