Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Hong Kong SAR - 2023
Contents:
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Hong Kong SAR (FOB) - 2023
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Hong Kong SAR (CIF) - 2023
- Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Hong Kong SAR
- Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Hong Kong SAR
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Hong Kong SAR (FOB) - 2023
In October 2023, the average export price for niobium, tantalum, vanadium ores and concentrateses amounted to $8,009 per ton, shrinking by -2.7% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 7.4% against the previous month. Over the period under review, the average export prices reached the maximum at $8,550 per ton in March 2023; however, from April 2023 to October 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From October 2022 to October 2023, the rate of growth in terms of prices for China amounted to +0.3% per month.
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Hong Kong SAR (CIF) - 2023
The average import price for niobium, tantalum, vanadium ores and concentrateses stood at $8,110 per ton in October 2023, standing approximately at the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 0.7% against the previous month. The import price peaked at $8,306 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Nigeria.
From October 2022 to October 2023, the rate of growth in terms of prices for Nigeria amounted to +0.2% per month.
Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Hong Kong SAR
In 2022, the amount of niobium, tantalum, vanadium ores and concentrateses exported from Hong Kong SAR soared to 1.1K tons, rising by 19% against 2021 figures. In general, exports showed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 194% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of niobium, tantalum, vanadium ores and concentrateses surged to $9.8M in 2022. Overall, exports showed buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 102% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Niobium, Tantalum, Vanadium Ores and Concentrates in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.1 | 3.2 | 6.5 | 9.8 | 11.3% |
| Vietnam | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.2 | 3.2 | 6.6 | 9.8 | 10.8% |
Top Export Markets for Niobium, Tantalum, Vanadium Ores and Concentrates from Hong Kong SAR in 2022:
- China (1.1K tons)
Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Hong Kong SAR
In 2022, approx. 808 tons of niobium, tantalum, vanadium ores and concentrateses were imported into Hong Kong SAR; growing by 70% compared with the previous year. In general, imports, however, showed a abrupt descent.
In value terms, imports of niobium, tantalum, vanadium ores and concentrateses skyrocketed to $7M in 2022. Overall, imports, however, continue to indicate a deep slump.
| Import of Niobium, Tantalum, Vanadium Ores and Concentrates in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 9.5 | 3.3 | 3.7 | 6.5 | -11.9% |
| China | N/A | 0.6 | 0.9 | N/A | 50.0% |
| Vietnam | 0.2 | N/A | N/A | N/A | 0% |
| Others | 1.3 | 0.2 | 0.3 | 0.4 | -32.5% |
| Total | 11.0 | 4.1 | 4.8 | 7.0 | -14.0% |
Top Suppliers of Niobium, Tantalum, Vanadium Ores and Concentrates to Hong Kong SAR in 2022:
- Nigeria (800.5 tons)
- China (1.9 tons)
231
This report provides an in-depth analysis of the market for zirconium ore and concentrate in Hong Kong SAR, China.
1457
This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
231
This report provides an in-depth analysis of the market for zirconium ore and concentrate in Hong Kong SAR, China.
1457
This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
374
Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.
846
The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.
374
Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.
846
The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.
