Price for Niobium, Tantalum, Vanadium Ores and Concentrates in South Africa - 2023
Contents:
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in South Africa (FOB) - 2022
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in South Africa (CIF) - 2022
- Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in South Africa
- Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in South Africa
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in South Africa (FOB) - 2022
The average export price for niobium, tantalum, vanadium ores and concentrateses stood at $385 per ton in 2022, falling by -87.5% against the previous year. Overall, the export price saw a deep setback. The growth pace was the most rapid in 2014 an increase of 688%. As a result, the export price attained the peak level of $11,867 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($2,573 per ton), while the average price for exports to Vietnam totaled $329 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in South Africa (CIF) - 2022
The average import price for niobium, tantalum, vanadium ores and concentrateses stood at $24,232 per ton in 2022, picking up by 118% against the previous year. Overall, the import price posted a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of 438%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($135,273 per ton), while the price for Mozambique ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-0.2%), while the prices for the other major suppliers experienced a decline.
Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in South Africa
In 2022, shipments abroad of niobium, tantalum, vanadium ores and concentrateses increased by 413,306% to 496 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of niobium, tantalum, vanadium ores and concentrateses skyrocketed to $191K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Niobium, Tantalum, Vanadium Ores and Concentrates in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | N/A | 159 | 0% |
| Belgium | N/A | N/A | N/A | 31.9 | 0% |
| Spain | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Others | 4.0 | 0.5 | 0.3 | N/A | -72.6% |
| Total | 4.5 | 0.6 | 0.4 | 191 | 248.8% |
Top Export Markets for Niobium, Tantalum, Vanadium Ores and Concentrates from South Africa in 2022:
- Vietnam (483.7 tons)
- Belgium (12.4 tons)
Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in South Africa
In 2022, the amount of niobium, tantalum, vanadium ores and concentrateses imported into South Africa surged to 151 kg, jumping by 459% against the year before. In general, imports recorded a significant expansion. 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 ores and concentrateses surged to $3.7K in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Niobium, Tantalum, Vanadium Ores and Concentrates in South Africa (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1.0 | 1.0 | 1.0 | 2,170 | 1194.7% |
| China | N/A | N/A | N/A | 1,488 | 0% |
| Others | 27.0 | 50.0 | 299 | 1.0 | -66.7% |
| Total | 28.0 | 51.0 | 300 | 3,659 | 407.5% |
Top Suppliers of Niobium, Tantalum, Vanadium Ores and Concentrates to South Africa in 2022:
- Canada (139.0 kg)
- China (11.0 kg)
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This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
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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.
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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.
