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

Contents:

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

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

In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $2,476 per ton, surging by 77% against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 104%. Over the period under review, average import prices reached the peak figure at $5,466 per ton in 2016; however, from 2017 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 Democratic Republic of the Congo ($23,227 per ton), while the price for Iran ($366 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+18.5%).

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

In 2022, the average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $518 per ton, shrinking by -42.1% against the previous year. Over the period under review, the export price showed a perceptible contraction. The pace of growth appeared the most rapid in 2019 an increase of 53%. The export price peaked at $1,223 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($534 per ton), while the average price for exports to Russia totaled $450 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-3.0%).

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

For the fourth year in a row, Kazakhstan recorded growth in overseas purchases of niobium, tantalum, vanadium or zirconium ores and concentrateses, which increased by 91% to 11K tons in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 776% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses skyrocketed to $27M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 391% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo1.20.82.923.3168.8%
IranN/A0.11.43.5491.6%
Others0.50.83.80.66.3%
Total1.81.78.127.4147.8%

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

  1. Iran (9.7K tons)
  2. Democratic Republic of the Congo (1.0K tons)

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

In 2022, the amount of niobium, tantalum, vanadium or zirconium ores and concentrateses exported from Kazakhstan soared to 35K tons, increasing by 105% on the previous year's figure. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 152%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses skyrocketed to $18M in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 85%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.77.914.715.147.6%
Russia0.20.30.43.0146.6%
Others0.3N/A0.1N/A-42.3%
Total5.28.215.218.051.3%

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

  1. China (28.2K tons)
  2. Russia (6.6K tons)

Source: IndexBox Market Intelligence Platform

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