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

Contents:

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

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

The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $1,903 per ton in 2022, waning by -2% against the previous year. Over the period under review, the import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 51%. Over the period under review, average import prices hit record highs at $2,311 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,382 per ton), while the price for Turkey ($1,602 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $783 per ton, growing by 3.3% against the previous year. In general, the export price, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 96% against the previous year. Over the period under review, the average export prices reached the maximum at $1,348 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($809 per ton), while the average price for exports to Armenia ($468 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 Kazakhstan (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, supplies from abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses decreased by -0.2% to 10K tons in 2022. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 14%.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses dropped to $19M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 6.9%.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates4.26.19.510.837.0%
India4.03.33.33.8-1.7%
Italy5.14.11.81.5-33.5%
South Africa1.31.11.11.30.0%
TurkeyN/A0.10.70.8182.8%
Spain2.53.02.10.4-45.7%
China0.20.20.30.314.5%
Others0.41.11.00.57.7%
Total17.719.019.819.43.1%

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

  1. United Arab Emirates (6.2K tons)
  2. India (1.8K tons)
  3. South Africa (0.6K tons)
  4. Turkey (0.5K tons)
  5. Italy (0.5K tons)
  6. China (0.2K tons)
  7. Spain (0.1K tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of niobium, tantalum, vanadium or zirconium ores and concentrateses, when their volume decreased by -15.3% to 335 tons. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 89%.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses reduced to $262K in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 43%.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan36.798.126524187.3%
Russia10611933.020.2-42.5%
Others14.37.42.11.0-58.8%
Total15722530026218.6%

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

  1. Kazakhstan (297.8 tons)
  2. Russia (35.0 tons)

Source: IndexBox Market Intelligence Platform

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