Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Hong Kong SAR - 2023
Contents:
- Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Hong Kong SAR (FOB) - 2023
- Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Hong Kong SAR (CIF) - 2022
- Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Hong Kong SAR
- Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Hong Kong SAR
Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Hong Kong SAR (FOB) - 2023
The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $7,441 per ton in October 2023, which is down by -9.6% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 1,120% month-to-month. Over the period under review, the average export prices reached the peak figure at $8,233 per ton in September 2023, and then contracted in the following month.
As there is only one major export destination, the average price level is determined by prices for China.
From October 2022 to October 2023, the rate of growth in terms of prices for China amounted to -0.3% per month.
Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Hong Kong SAR (CIF) - 2022
The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $7,326 per ton in 2022, rising by 76% against the previous year. In general, the import price, however, recorded a perceptible setback. The growth pace was the most rapid in 2013 an increase of 141%. As a result, import price attained the peak level of $22,543 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nigeria ($8,147 per ton), while the price for China amounted to $1,740 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (-1.7%), while the prices for the other major suppliers experienced a decline.
Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Hong Kong SAR
In 2022, the amount of niobium, tantalum, vanadium or zirconium ores and concentrateses exported from Hong Kong SAR contracted to 1.3K tons, waning by -14.4% compared with the year before. Over the period under review, exports showed a sharp descent. The smallest decline of -6.7% was in 2021.
In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses skyrocketed to $10M in 2022. Overall, exports showed a pronounced downturn.
| Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.9 | 7.1 | 7.4 | 10.1 | -2.5% |
| Vietnam | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.0 | 7.1 | 7.4 | 10.1 | -2.8% |
Top Export Markets for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates from Hong Kong SAR in 2022:
- China (1320.8 tons)
Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in purchases abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses, which decreased by -27.8% to 991 tons in 2022. Over the period under review, imports continue to indicate a significant decline. The smallest decline of -7.2% was in 2020.
In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses surged to $7.3M in 2022. In general, imports recorded a sharp shrinkage.
| Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 9.5 | 3.3 | 3.7 | 6.5 | -11.9% |
| China | 0.2 | 1.3 | 1.2 | 0.3 | 14.5% |
| Vietnam | 0.2 | N/A | N/A | N/A | 0% |
| South Africa | 3.6 | 2.4 | 0.5 | N/A | -62.7% |
| Australia | N/A | 0.7 | 0.1 | N/A | -85.7% |
| Others | 1.3 | 0.4 | 0.3 | 0.4 | -32.5% |
| Total | 14.8 | 8.1 | 5.7 | 7.3 | -21.0% |
Top Suppliers of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates to Hong Kong SAR in 2022:
- Nigeria (800.5 tons)
- China (185.5 tons)
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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.
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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.
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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.
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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.
