Price for Vanadium Oxides and Hydroxides in the United Arab Emirates - 2021

Contents:

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

Price for Vanadium Oxides and Hydroxides in the United Arab Emirates (FOB) - 2022

The average vanadium oxides and hydroxides export price stood at $10,319 per ton in 2022, declining by -1.6% against the previous year. In general, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2014 an increase of 38% against the previous year. The export price peaked at $19,972 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($11,271 per ton), while the average price for exports to Oman amounted to $6,425 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-4.1%).

Price for Vanadium Oxides and Hydroxides in the United Arab Emirates (CIF) - 2022

In 2022, the average vanadium oxides and hydroxides import price amounted to $20,898 per ton, rising by 3.1% against the previous year. Overall, the import price posted modest growth. The growth pace was the most rapid in 2021 when the average import price increased by 51%. The import price peaked at $27,758 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.5% per year.

Exports of Vanadium Oxides and Hydroxides in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in overseas shipments of vanadium oxides and hydroxideses, when their volume decreased by -30.3% to 100 tons. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 189%.

In value terms, vanadium oxides and hydroxides exports fell notably to $1M in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 170%. As a result, the exports reached the peak of $1.5M, and then contracted dramatically in the following year.

Top Export Markets for Vanadium Oxides and Hydroxides from the United Arab Emirates in 2022:

1. India (80.0 tons)
2. Oman (19.6 tons)

Imports of Vanadium Oxides and Hydroxides in the United Arab Emirates

In 2022, overseas purchases of vanadium oxides and hydroxideses decreased by -2% to 1.5 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 399%. As a result, imports reached the peak of 2.4 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vanadium oxides and hydroxides imports reached $32K in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 414% against the previous year. As a result, imports attained the peak of $32K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Vanadium Oxides and Hydroxides to the United Arab Emirates in 2022:

1. China (1519.0 kg)

Source: IndexBox Market Intelligence Platform