Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Sweden - 2023

Contents:

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

Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Sweden (FOB) - 2022

The average export price for niobium, tantalum, vanadium ores and concentrateses stood at $10,171 per ton in 2022, with an increase of 917% against the previous year. Over the period under review, the export price, however, showed a noticeable descent. Over the period under review, the average export prices hit record highs at $26,493 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +9.4% per year.

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

The average import price for niobium, tantalum, vanadium ores and concentrateses stood at $13,267 per ton in 2022, reducing by -50.3% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 1,978% against the previous year. Over the period under review, average import prices hit record highs at $44,018 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($545 per ton), while the price for the United States stood at $250 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-12.2%), while the prices for the other major suppliers experienced a decline.

Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Sweden

After two years of decline, shipments abroad of niobium, tantalum, vanadium ores and concentrateses increased by 3,400% to 35 kg in 2022. In general, exports, however, recorded a sharp reduction.

In value terms, exports of niobium, tantalum, vanadium ores and concentrateses soared to $356 in 2022. Over the period under review, exports, however, showed a precipitous decrease.

Export of Niobium, Tantalum, Vanadium Ores and Concentrates in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway1.0N/AN/A0.4-26.3%
United StatesN/A1.8N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.01.8N/A0.4-26.3%

Top Export Markets for Niobium, Tantalum, Vanadium Ores and Concentrates from Sweden in 2022:

  1. Norway (35.0 kg)

Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Sweden

In 2022, overseas purchases of niobium, tantalum, vanadium ores and concentrateses decreased by -61.5% to 15 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 457%. As a result, imports attained the peak of 39 kg, and then declined sharply in the following year.

In value terms, imports of niobium, tantalum, vanadium ores and concentrateses shrank rapidly to $199 in 2022. Overall, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 11,478% against the previous year.

Import of Niobium, Tantalum, Vanadium Ores and Concentrates in Sweden (USD)
COUNTRY202020212022CAGR,
2020-2022
United KingdomN/A9906.0-99.4%
United StatesN/A52.01.0-98.1%
Norway5.0N/AN/A0%
Ukraine4.0N/AN/A0%
OthersN/AN/A1920%
Total9.01,042199370.2%

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

  1. United Kingdom (11.0 kg)
  2. United States (4.0 kg)

Source: IndexBox Market Intelligence Platform

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