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

Contents:

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

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

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $767 per ton in 2022, declining by -70.6% against the previous year. In general, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 46% against the previous year. As a result, the export price attained the peak level of $2,606 per ton, and then fell notably in the following year.

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 Malaysia amounted to +12.2% per year.

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

In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $3,795 per ton, which is down by -21.5% against the previous year. Overall, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 70% against the previous year. The import price peaked at $8,224 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($3,801 per ton), while the price for Ukraine amounted to $3,618 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%).

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

In 2022, the amount of niobium, tantalum, vanadium or zirconium ores and concentrateses exported from Tanzania skyrocketed to 4.3K tons, with an increase of 2,114% against the year before. In general, exports continue to indicate significant growth. 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 soared to $3.3M in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.18.147.33,310765.8%
Malaysia23015963.3N/A-47.5%
Others21.862.6398N/A327.3%
Total2572295083,310134.4%

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

  1. China (4.3K tons)

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

In 2022, supplies from abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses was finally on the rise to reach 58 tons after two years of decline. In general, imports recorded buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses skyrocketed to $219K in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/AN/A2130%
UkraineN/AN/AN/A3.60%
China88.326.72.4N/A-83.5%
Others1.30.2N/A2.829.1%
Total89.626.92.421934.7%

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

  1. Hong Kong SAR (56.0 tons)
  2. Ukraine (1.0 tons)

Source: IndexBox Market Intelligence Platform

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