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

Contents:

  1. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Japan (CIF) - 2023
  2. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Japan (FOB) - 2022
  3. Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Japan
  4. Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Japan

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

The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,391 per ton in November 2023, reducing by -9.2% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 48% m-o-m. As a result, import price reached the peak level of $4,107 per ton. From February 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($5,014 per ton), while the price for Indonesia ($1,932 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by South Africa (+0.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $3,357 per ton in 2022, shrinking by -11.6% against the previous year. In general, the export price, however, saw a pronounced increase. The pace of growth was the most pronounced in 2015 an increase of 89%. Over the period under review, the average export prices reached the peak figure at $4,973 per ton in 2019; however, from 2020 to 2022, the export prices remained at a 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 Italy ($4,476 per ton), while the average price for exports to Singapore ($2,953 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 Indonesia (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 38K tons of niobium, tantalum, vanadium or zirconium ores and concentrateses were imported into Japan; growing by 49% on the previous year's figure. Over the period under review, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses skyrocketed to $96M in 2022. In general, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia30.217.224.143.613.0%
South Africa14.46.17.017.36.3%
Russia20.810.57.414.9-10.5%
Senegal5.63.94.09.218.0%
Rwanda0.81.07.25.387.8%
Indonesia2.01.72.12.913.2%
Others1.92.43.92.48.1%
Total75.743.055.795.58.1%

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

  1. Australia (19.8K tons)
  2. South Africa (7.7K tons)
  3. Senegal (4.2K tons)
  4. Russia (2.6K tons)
  5. Rwanda (2.2K tons)
  6. Indonesia (1.2K tons)

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

For the fourth year in a row, Japan recorded growth in shipments abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses, which increased by 163% to 173 tons in 2022. Over the period under review, exports showed significant growth. 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 skyrocketed to $582K in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore10.0N/AN/A295209.0%
Indonesia14793.915822515.2%
Italy4.9N/AN/A40.3101.9%
ChinaN/A87.562.915.6-57.8%
Saudi Arabia31.9N/AN/AN/A0%
Others4.32.329.95.47.9%
Total19818425058243.2%

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

  1. Singapore (100.0 tons)
  2. Indonesia (57.8 tons)
  3. Italy (9.0 tons)
  4. China (5.0 tons)

Source: IndexBox Market Intelligence Platform

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