Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Azerbaijan - 2023
Contents:
- Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Azerbaijan (CIF) - 2022
- Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Azerbaijan
Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Azerbaijan (CIF) - 2022
In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $2,841 per ton, remaining stable against the previous year. Overall, the import price, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 36%. The import price peaked at $2,846 per ton in 2021, and then dropped modestly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2015 to 2022, the rate of growth in terms of prices for Turkey amounted to -2.5% per year.
Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Azerbaijan
Imports of niobium, tantalum, vanadium or zirconium ores and concentrateses into Azerbaijan plummeted to 7.5 tons in 2022, which is down by -20.3% against the previous year. Overall, imports saw a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. As a result, imports reached the peak of 9.4 tons, and then contracted significantly in the following year.
In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses reduced sharply to $21K in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% 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 +34.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. As a result, imports attained the peak of $27K, and then dropped significantly in the following year.
| Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 21.4 | 0% |
| Russia | 7.6 | N/A | 2.7 | N/A | -40.4% |
| Turkey | 8.3 | 15.9 | 24.2 | N/A | 70.8% |
| Others | 0.5 | N/A | N/A | N/A | 0% |
| Total | 16.4 | 15.9 | 26.9 | 21.4 | 9.3% |
Top Suppliers of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates to Azerbaijan in 2022:
- Germany (7.5 tons)
283
This report provides an in-depth analysis of the market for zirconium ore and concentrate in Azerbaijan.
1472
This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
283
This report provides an in-depth analysis of the market for zirconium ore and concentrate in Azerbaijan.
1472
This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
398
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.
865
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.
398
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.
865
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.
