Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Colombia - 2022

Contents:

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

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

In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $1,832 per ton, declining by -8% against the previous year. Overall, the import price recorded a perceptible shrinkage. The growth pace was the most rapid in 2018 an increase of 48%. The import price peaked at $2,892 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($2,373 per ton), while the price for Italy ($1,197 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-1.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $11,193 per ton in 2022, rising by 1.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 132% against the previous year. Over the period under review, the average export prices hit record highs at $19,637 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($32,773 per ton), while the average price for exports to Mexico ($1,681 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of niobium, tantalum, vanadium or zirconium ores and concentrateses imported into Colombia shrank to 568 tons, with a decrease of -7.6% against the previous year's figure. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses declined to $1M in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 43%.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4003637234776.0%
Spain4162913184573.2%
United States38113662.839.3-53.1%
South Africa31.727.430.019.8-14.5%
Italy16.614.115.510.3-14.7%
Others79.526.873.037.0-22.5%
Total1,3268581,2231,040-7.8%

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

  1. Germany (329.9 tons)
  2. Spain (192.6 tons)
  3. United States (18.4 tons)
  4. South Africa (16.2 tons)
  5. Italy (8.6 tons)

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

In 2022, shipments abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses increased by 24% to 2.9 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a dramatic decline.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses soared to $32K in 2022. In general, exports, however, recorded a significant contraction.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China72.012.311.316.6-38.7%
Spain37.720.610.412.3-31.2%
United States9.85.83.43.0-32.6%
Mexico0.40.40.30.40.0%
Others37.70.1N/AN/A-99.7%
Total15839.125.432.3-41.1%

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

  1. United States (1477.0 kg)
  2. China (780.0 kg)
  3. Spain (374.0 kg)
  4. Mexico (251.0 kg)

Source: IndexBox Market Intelligence Platform

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