Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Belgium - 2023

Contents:

  1. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Belgium (FOB) - 2023
  2. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Belgium (CIF) - 2023
  3. Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Belgium
  4. Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Belgium

Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Belgium (FOB) - 2023

In October 2023, the average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $4,937 per ton, growing by 15% against the previous month. In general, the export price saw a resilient expansion. The pace of growth appeared the most rapid in September 2023 an increase of 49% month-to-month. Over the period under review, the average export prices attained the peak figure in October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Algeria ($6,491 per ton), while the average price for exports to the United Arab Emirates ($3,671 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Belgium (CIF) - 2023

In October 2023, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $3,335 per ton, surging by 11% against the previous month. In general, import price indicated a tangible expansion from October 2022 to October 2023: its price increased at an average monthly rate of +3.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for niobium, tantalum, vanadium or zirconium ores and concentrateses increased by +47.3% against June 2023 indices. The most prominent rate of growth was recorded in August 2023 an increase of 21% against the previous month. The import price peaked in October 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,789 per ton), while the price for Australia amounted to $2,365 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Australia (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Belgium

In 2022, after three years of growth, there was significant decline in shipments abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses, when their volume decreased by -94.3% to 1.4K tons. Overall, exports, however, showed a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 1,657%.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses dropped sharply to $2.4M in 2022. In general, exports saw a abrupt curtailment. The growth pace was the most rapid in 2020 when exports increased by 806% against the previous year.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.216.722.51.32.7%
Switzerland1.09.710.10.8-7.2%
IsraelN/A0.21.90.1-29.3%
Italy0.10.92.30.10.0%
GermanyN/A0.71.80.1-62.2%
Taiwan (Chinese)N/A0.6N/AN/A0%
Others0.91.50.6N/A-18.4%
Total3.430.439.32.4-11.0%

Top Export Markets for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates from Belgium in 2022:

  1. France (853.0 tons)
  2. Switzerland (398.3 tons)
  3. Germany (70.8 tons)
  4. Israel (37.6 tons)
  5. Italy (33.9 tons)

Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Belgium

In 2022, after three years of growth, there was significant decline in purchases abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses, when their volume decreased by -87% to 2.9K tons. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,087% against the previous year.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses shrank sharply to $7.1M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 654%.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia0.15.17.03.8236.2%
United States2.512.717.02.95.1%
United Kingdom0.11.10.30.10.0%
Senegal0.10.91.10.10.0%
Netherlands0.54.04.30.1-41.5%
Germany0.21.71.80.1-20.6%
Latvia0.22.82.5N/A253.6%
OthersN/A0.10.80.10.0%
Total3.828.434.87.123.2%

Top Suppliers of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates to Belgium in 2022:

  1. Australia (1788.3 tons)
  2. United States (824.7 tons)
  3. Senegal (154.6 tons)
  4. Netherlands (37.6 tons)
  5. Germany (30.0 tons)
  6. United Kingdom (15.1 tons)

Source: IndexBox Market Intelligence Platform

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