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

Contents:

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

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

In 2022, the average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $12,386 per ton, stabilizing at the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 99%. Over the period under review, the average export prices reached the maximum at $16,722 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($232,444 per ton), while the average price for exports to the United Arab Emirates totaled $11,359 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+69.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $1,054 per ton, dropping by -39.2% against the previous year. In general, the import price showed a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of 280% against the previous year. The import price peaked at $3,817 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,044 per ton), while the price for Democratic Republic of the Congo ($179 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-9.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 1.9 tons of niobium, tantalum, vanadium or zirconium ores and concentrateses were exported from Uganda; declining by -6.5% compared with the previous year's figure. Overall, exports saw a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses declined to $24K in 2022. In general, exports continue to indicate a significant decline. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates56.518.320.321.9-27.1%
China75.44.25.32.1-69.7%
Others0.1N/AN/AN/A0%
Total13222.525.524.0-43.3%

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

  1. United Arab Emirates (1929.0 kg)
  2. China (9.0 kg)

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

In 2022, approx. 18 tons of niobium, tantalum, vanadium or zirconium ores and concentrateses were imported into Uganda; with an increase of 61% against 2021. In general, imports saw a resilient increase. As a result, imports reached 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 dropped modestly to $19K in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 5.1% against the previous year.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya3.616.918.117.970.7%
India0.51.71.51.233.9%
Democratic Republic of the CongoN/A0.10.10.10.0%
China13.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total17.818.719.619.22.6%

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

  1. Kenya (17.4 tons)
  2. Democratic Republic of the Congo (0.4 tons)
  3. India (0.4 tons)

Source: IndexBox Market Intelligence Platform

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