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

Contents:

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

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

The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $1,678 per ton in 2022, waning by -3.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2017 when the average import price increased by 29%. The import price peaked at $1,735 per ton in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($2,912 per ton), while the price for Italy ($131 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $810 per ton in 2022, shrinking by -1.7% against the previous year. Overall, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 22% against the previous year. The export price peaked at $2,653 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -11.2% per year.

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

Imports of niobium, tantalum, vanadium or zirconium ores and concentrateses into Pakistan was estimated at 179 tons in 2022, stabilizing at 2021 figures. In general, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 221% against the previous year. As a result, imports attained the peak of 180 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses dropped to $300K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 226% against the previous year.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia52.815918413637.1%
United Kingdom5.572.512.846.1103.1%
Vietnam15.337.334.422.012.9%
China2.315.023.46.843.5%
Spain5.93.80.23.7-14.4%
Others7.74.752.785.5123.1%
Total89.529230830049.7%

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

  1. Australia (46.7 tons)
  2. United Kingdom (34.5 tons)
  3. China (31.3 tons)
  4. Vietnam (20.9 tons)
  5. Spain (3.0 tons)

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

After two years of decline, shipments abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses increased by 3.9% to 10K tons in 2022. Overall, exports, however, saw a mild downturn.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses rose to $8.3M in 2022. Over the period under review, exports, however, continue to indicate a pronounced reduction.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.58.58.28.3-4.4%
OthersN/AN/AN/A0.10%
Total9.58.58.28.3-4.4%

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

  1. China (10.2K tons)

Source: IndexBox Market Intelligence Platform

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