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

Contents:

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

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

In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $4,924 per ton, with an increase of 181% against the previous year. Overall, the import price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 257% against the previous year. As a result, import price reached the peak level of $14,843 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Rwanda ($31,462 per ton), while the price for Japan ($484 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+3.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $53,345 per ton in May 2021, approximately equating the previous month. In general, the export price showed a abrupt curtailment. As a result, the export price reached the peak level of $73,156 per ton. From February 2021 to May 2021, the the average export prices remained at a lower figure.

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

From January 2021 to May 2021, the rate of growth in terms of prices for the United States amounted to -7.6% per month.

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

Imports of niobium, tantalum, vanadium or zirconium ores and concentrateses into Singapore contracted sharply to 1.9K tons in 2022, waning by -72.2% against the year before. In general, imports showed a precipitous decrease. The pace of growth was the most pronounced in 2021 when imports increased by 195% against the previous year. As a result, imports reached the peak of 6.7K tons, and then declined significantly in the following year.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses dropped remarkably to $9.1M in 2022. Over the period under review, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +3.1% 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 +38.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 77%. As a result, imports reached the peak of $12M, and then dropped remarkably in the following year.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda2.53.31.73.815.0%
Ethiopia0.2N/AN/A3.6162.1%
South Africa4.72.99.50.8-44.6%
Burundi1.00.40.40.7-11.2%
JapanN/AN/AN/A0.20%
OthersN/AN/AN/AN/A0%
Total8.36.611.69.13.1%

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

  1. Ethiopia (648.8 tons)
  2. South Africa (544.1 tons)
  3. Japan (407.1 tons)
  4. Burundi (130.7 tons)
  5. Rwanda (119.7 tons)

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

In 2022, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses from Singapore soared to 85 tons, rising by 87% compared with the previous year. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 874%. As a result, the exports reached the peak of 125 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses shrank markedly to $673K in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 838% against the previous year.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A6390%
United StatesN/A15092233.5-52.7%
Switzerland33.0N/AN/AN/A0%
ItalyN/A45.4N/AN/A0%
NetherlandsN/A115N/AN/A0%
Others0.1N/A113N/A3261.5%
Total33.13101,036673172.9%

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

  1. Malaysia (82.1 tons)
  2. United States (2.8 tons)

Source: IndexBox Market Intelligence Platform

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