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

Contents:

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

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

In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $3,191 per ton, rising by 50% against the previous year. Overall, the import price showed a modest increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +1.8% per year.

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

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,127 per ton in 2022, flattening at the previous year. Overall, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2020 a decrease of -28.5% against the previous year. The export price peaked at $6,117 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,272 per ton), while the average price for exports to the Netherlands stood at $2,068 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.8%).

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

Imports of niobium, tantalum, vanadium or zirconium ores and concentrateses into Romania shrank notably to 180 tons in 2022, waning by -41.2% compared with the previous year's figure. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 16%.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses shrank to $575K in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports attained the peak of $651K, and then contracted in the following year.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy4623945385727.4%
Spain42.942.10.1N/A-95.2%
Ukraine47.633.7108N/A50.6%
Others3.11.74.62.6-5.7%
Total5564726515751.1%

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

  1. Italy (179.0 tons)

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

For the third consecutive year, Romania recorded decline in shipments abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses, which decreased by 0% to 14 tons in 2022. In general, exports showed a significant increase. The smallest decline of -99.6% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $29K in 2022. Overall, exports enjoyed significant growth. The smallest decline of -99.7% was in 2020. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.1N/AN/A20.3487.7%
GermanyN/AN/AN/A9.10%
Others12.2N/AN/AN/A0%
Total12.3N/AN/A29.433.7%

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

  1. Netherlands (9.8 tons)
  2. Germany (4.0 tons)

Source: IndexBox Market Intelligence Platform

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