Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Sri Lanka - 2022

Contents:

  1. Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Sri Lanka (CIF) - 2022
  2. Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Sri Lanka

Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Sri Lanka (CIF) - 2022

In 2022, the average import price for niobium, tantalum, vanadium ores and concentrateses amounted to $22,140 per ton, dropping by -1.5% against the previous year. Overall, the import price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 68% against the previous year. Over the period under review, average import prices hit record highs at $33,333 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +24.0% per year.

Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Sri Lanka

In 2022, imports of niobium, tantalum, vanadium ores and concentrateses into Sri Lanka soared to 300 kg, growing by 456% compared with 2021. Overall, imports saw a significant expansion. 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 ores and concentrateses skyrocketed to $6.6K in 2022. Over the period under review, imports enjoyed significant growth. 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 Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A6.60%
Italy0.20.51.2N/A144.9%
OthersN/AN/AN/AN/A0%
Total0.20.51.26.6220.8%

Top Suppliers of Niobium, Tantalum, Vanadium Ores and Concentrates to Sri Lanka in 2022:

  1. Japan (300.0 kg)

Source: IndexBox Market Intelligence Platform

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