Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Tanzania - 2022
Contents:
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Tanzania (FOB) - 2022
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Tanzania (CIF) - 2022
- Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Tanzania
- Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Tanzania
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Tanzania (FOB) - 2022
The average export price for niobium, tantalum, vanadium ores and concentrateses stood at $31,880 per ton in 2022, declining by -39.1% against the previous year. Overall, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices attained the maximum at $67,328 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($61,997 per ton), while the average price for exports to Hong Kong SAR ($9,634 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Tanzania (CIF) - 2022
The average import price for niobium, tantalum, vanadium ores and concentrateses stood at $761 per ton in 2022, declining by -17.2% against the previous year. Overall, the import price faced a abrupt slump. The pace of growth was the most pronounced in 2013 when the average import price increased by 23% against the previous year. The import price peaked at $3,425 per ton in 2014; however, from 2015 to 2022, 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 Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to -11.7% per year.
Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Tanzania
After two years of decline, overseas shipments of niobium, tantalum, vanadium ores and concentrateses increased by 291% to 440 tons in 2022. Overall, exports showed a noticeable 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 soared to $14M in 2022. In general, exports recorded a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Niobium, Tantalum, Vanadium Ores and Concentrates in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 8.6 | 2.1 | 0.7 | 7.4 | -4.9% |
| China | 2.1 | 1.6 | 4.0 | 5.9 | 41.1% |
| United States | 0.8 | 0.8 | 1.2 | 0.7 | -4.4% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 11.5 | 4.5 | 5.9 | 14.0 | 6.8% |
Top Export Markets for Niobium, Tantalum, Vanadium Ores and Concentrates from Tanzania in 2022:
- Malaysia (319.4 tons)
- China (105.3 tons)
- United States (12.0 tons)
Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Tanzania
In 2022, imports of niobium, tantalum, vanadium ores and concentrateses into Tanzania rose modestly to 832 kg, picking up by 3.5% against 2021 figures. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. 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 dropped to $633 in 2022. In general, imports, however, recorded a abrupt slump. The smallest decline of -14.2% was in 2020.
| Import of Niobium, Tantalum, Vanadium Ores and Concentrates in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 1,005 | 862 | 739 | 633 | -14.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,005 | 862 | 739 | 633 | -14.3% |
Top Suppliers of Niobium, Tantalum, Vanadium Ores and Concentrates to Tanzania in 2022:
- Rwanda (832.0 kg)
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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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