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

Contents:

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

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

The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,155 per ton in October 2023, falling by -10.4% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 16% m-o-m. As a result, import price attained the peak level of $2,457 per ton. From April 2023 to October 2023, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the countries with the highest prices were Australia ($2,274 per ton) and France ($2,241 per ton), while the price for Kenya ($1,559 per ton) and Egypt ($1,848 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by South Africa (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,559 per ton in 2022, surging by 21% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 41%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,055 per ton), while the average price for exports to Ecuador ($809 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 Russia (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses into Spain declined slightly to 125K tons, stabilizing at the previous year. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of 125K tons, leveling off in the following year.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses surged to $269M in 2022. Overall, imports, however, recorded a resilient expansion. 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 Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia50.946.474.698.524.6%
South Africa55.946.551.958.81.7%
Senegal29.928.732.542.512.4%
Ukraine6.67.29.716.435.4%
Kenya9.38.310.414.716.5%
Indonesia5.80.1N/A11.425.3%
France0.10.10.17.1314.1%
Others5.64.38.119.852.3%
Total16414218726917.9%

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

  1. Australia (48.5K tons)
  2. South Africa (29.5K tons)
  3. Senegal (19.4K tons)
  4. Kenya (6.2K tons)
  5. Ukraine (5.2K tons)
  6. Indonesia (3.8K tons)
  7. France (3.1K tons)

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

In 2022, overseas shipments of niobium, tantalum, vanadium or zirconium ores and concentrateses were finally on the rise to reach 11K tons after two years of decline. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $29M in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.71.61.85.850.5%
Portugal4.33.63.74.73.0%
RussiaN/AN/A0.53.5600.0%
China2.90.80.92.5-4.8%
Egypt0.30.71.62.397.2%
NetherlandsN/AN/A0.31.1266.7%
France0.50.60.80.921.6%
United StatesN/AN/AN/A0.90%
ColombiaN/AN/AN/A0.80%
Algeria1.10.71.30.7-14.0%
Turkey0.71.01.00.5-10.6%
Poland0.10.20.20.458.7%
EcuadorN/AN/AN/A0.40%
Others3.64.13.44.57.7%
Total15.313.215.629.123.9%

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

  1. Italy (2594.2 tons)
  2. Portugal (2523.9 tons)
  3. Egypt (1224.5 tons)
  4. Russia (981.6 tons)
  5. France (585.2 tons)
  6. Ecuador (480.9 tons)
  7. Netherlands (465.6 tons)
  8. Colombia (237.6 tons)
  9. Algeria (236.3 tons)
  10. United States (234.1 tons)
  11. Poland (208.0 tons)
  12. Turkey (191.0 tons)
  13. China (148.0 tons)

Source: IndexBox Market Intelligence Platform

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