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

Contents:

  1. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Chile (CIF) - 2022
  2. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Chile (FOB) - 2022
  3. Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Chile
  4. Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Chile

Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Chile (CIF) - 2022

The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,574 per ton in 2022, picking up by 70% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $2,715 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,237 per ton), while the price for Spain ($1,670 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+11.2%), while the prices for the other major suppliers experienced a decline.

Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Chile (FOB) - 2022

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $4,806 per ton in 2022, jumping by 53% against the previous year. Overall, the export price recorded a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($5,073 per ton), while the average price for exports to Argentina ($3,140 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+41.2%).

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

In 2022, overseas purchases of niobium, tantalum, vanadium or zirconium ores and concentrateses decreased by -11.2% to 1.4K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 38% against the previous year. As a result, imports attained the peak of 1.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses soared to $3.5M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +56.0% against 2019 indices. 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 Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1371,0792333,227186.7%
South Africa1,8771,236377125-59.5%
China1.344.258.7123355.7%
Spain12611811238.3-32.8%
BelgiumN/AN/A1,196N/A0%
Peru38.419.419.4N/A-28.9%
United States73.5363277N/A94.1%
OthersN/A22.053.80.3-88.3%
Total2,2532,8822,3273,51416.0%

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

  1. Australia (1250.0 tons)
  2. South Africa (54.0 tons)
  3. China (38.0 tons)
  4. Spain (23.0 tons)

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

Exports of niobium, tantalum, vanadium or zirconium ores and concentrateses from Chile soared to 33 tons in 2022, growing by 567% on 2021. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses soared to $159K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Chile (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Peru25.4N/A137132.2%
EcuadorN/AN/A18.50%
ArgentinaN/A15.63.1-80.1%
OthersN/AN/AN/A0%
Total25.415.6159150.2%

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

  1. Peru (27.0 tons)
  2. Ecuador (5.0 tons)
  3. Argentina (1.0 tons)

Source: IndexBox Market Intelligence Platform

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