Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Australia - 2023
Contents:
- Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Australia (FOB) - 2023
- Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Australia (CIF) - 2022
- Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Australia
- Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Australia
Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Australia (FOB) - 2023
The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $1,910 per ton in December 2023, approximately equating the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 16% against the previous month. Over the period under review, the average export prices reached the maximum at $2,293 per ton in May 2023; however, from June 2023 to December 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In December 2023, the countries with the highest prices were China ($1,923 per ton) and India ($1,886 per ton), while the average price for exports to Taiwan (Chinese) ($1,879 per ton) and Malaysia ($1,881 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.4%), while the prices for the other major destinations experienced a decline.
Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Australia (CIF) - 2022
The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,225 per ton in 2022, jumping by 19% against the previous year. Over the period under review, the import price, however, showed a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the peak figure at $2,791 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($3,052 per ton), while the price for South Africa ($1,860 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Australia
In 2022, after three years of growth, there was significant decline in overseas shipments of niobium, tantalum, vanadium or zirconium ores and concentrateses, when their volume decreased by -40.9% to 48K tons. Over the period under review, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 50% against the previous year.
In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses contracted dramatically to $95M in 2022. In general, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, the exports attained the peak of $119M, and then reduced markedly in the following year.
| Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 24.3 | 19.7 | 37.7 | 33.2 | 11.0% |
| China | 13.7 | 30.3 | 41.8 | 27.3 | 25.8% |
| Taiwan (Chinese) | 5.1 | 7.5 | 10.8 | 12.6 | 35.2% |
| Vietnam | 1.0 | 1.6 | 0.5 | 4.0 | 58.7% |
| Malaysia | 3.4 | 1.0 | 4.4 | 3.6 | 1.9% |
| Switzerland | N/A | N/A | N/A | 3.1 | 0% |
| South Korea | 0.9 | 2.8 | 3.2 | 2.6 | 42.4% |
| Thailand | 1.9 | 2.8 | 2.2 | 2.3 | 6.6% |
| Netherlands | 0.2 | 1.3 | 1.6 | 2.0 | 115.4% |
| Others | 6.6 | 6.8 | 16.9 | 4.6 | -11.3% |
| Total | 57.1 | 73.7 | 119 | 95.4 | 18.7% |
Top Export Markets for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates from Australia in 2022:
- India (17.5K tons)
- China (13.7K tons)
- Taiwan (Chinese) (6.2K tons)
- Vietnam (2.0K tons)
- Malaysia (1.8K tons)
- Switzerland (1.4K tons)
- South Korea (1.3K tons)
- Thailand (1.2K tons)
- Netherlands (1.1K tons)
Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Australia
In 2022, the amount of niobium, tantalum, vanadium or zirconium ores and concentrateses imported into Australia soared to 3.7K tons, rising by 36% on 2021 figures. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses soared to $8.3M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | 2.4 | 1.1 | 2.4 | 6.2 | 37.2% |
| South Africa | 1.3 | 0.9 | 1.0 | 1.3 | 0.0% |
| France | N/A | N/A | N/A | 0.3 | 0% |
| Indonesia | N/A | N/A | N/A | 0.2 | 0% |
| China | N/A | 2.5 | 1.4 | N/A | -44.0% |
| Others | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
| Total | 4.0 | 4.8 | 5.2 | 8.3 | 27.5% |
Top Suppliers of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates to Australia in 2022:
- Senegal (2765.3 tons)
- South Africa (724.0 tons)
- France (120.1 tons)
- Indonesia (80.0 tons)
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This report provides an in-depth analysis of the market for zirconium ore and concentrate in Australia.
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This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
256
This report provides an in-depth analysis of the market for zirconium ore and concentrate in Australia.
1457
This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
374
Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.
847
The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.
374
Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.
847
The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.
