Price for Niobium, Tantalum, Vanadium Ores and Concentrates in the United Arab Emirates - 2022
Contents:
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in the United Arab Emirates (FOB) - 2022
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in the United Arab Emirates (CIF) - 2022
- Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in the United Arab Emirates
- Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in the United Arab Emirates
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for niobium, tantalum, vanadium ores and concentrateses amounted to $41,371 per ton, surging by 14% against the previous year. Over the period under review, the export price enjoyed noticeable growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($54,657 per ton), while the average price for exports to Japan ($4,441 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 Kazakhstan (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in the United Arab Emirates (CIF) - 2022
The average import price for niobium, tantalum, vanadium ores and concentrateses stood at $40,824 per ton in 2022, which is down by -1.6% against the previous year. In general, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 117% against the previous year. The import price peaked at $41,508 per ton in 2021, and then contracted modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Rwanda ($61,408 per ton), while the price for Malaysia ($22,871 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burundi (+4.4%), while the prices for the other major suppliers experienced a decline.
Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in the United Arab Emirates
In 2022, exports of niobium, tantalum, vanadium ores and concentrateses from the United Arab Emirates soared to 391 tons, picking up by 303% against 2021 figures. Overall, exports posted 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 soared to $16M in 2022. In general, exports showed a significant expansion. 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 the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 0.2 | 0.2 | 1.1 | 13.3 | 305.1% |
| Germany | 0.7 | 0.3 | 0.8 | 2.3 | 48.7% |
| China | 0.3 | 0.1 | N/A | 0.5 | 18.6% |
| Japan | N/A | N/A | N/A | 0.1 | 0% |
| United States | 0.8 | 0.4 | 1.2 | N/A | 22.5% |
| India | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Others | N/A | 0.1 | 0.3 | N/A | 200.0% |
| Total | 2.1 | 1.1 | 3.5 | 16.2 | 97.6% |
Top Export Markets for Niobium, Tantalum, Vanadium Ores and Concentrates from the United Arab Emirates in 2022:
- Kazakhstan (242.9 tons)
- Germany (104.1 tons)
- China (24.9 tons)
- Japan (19.4 tons)
Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in the United Arab Emirates
For the third consecutive year, the United Arab Emirates recorded decline in supplies from abroad of niobium, tantalum, vanadium ores and concentrateses, which decreased by -65.8% to 348 tons in 2022. Over the period under review, imports continue to indicate a significant decline. The smallest decline of -9.4% was in 2021.
In value terms, imports of niobium, tantalum, vanadium ores and concentrateses dropped remarkably to $14M in 2022. In general, imports showed a dramatic descent. The growth pace was the most rapid in 2021 when imports increased by 88% against the previous year. As a result, imports attained the peak of $42M, and then fell rapidly in the following year.
| Import of Niobium, Tantalum, Vanadium Ores and Concentrates in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 3.7 | 2.4 | 2.7 | 14.0 | 55.8% |
| Malaysia | 8.4 | 7.3 | 12.8 | 0.1 | -77.2% |
| Rwanda | 8.6 | 1.8 | 1.1 | 0.1 | -77.3% |
| Burundi | 10.0 | 4.3 | 5.6 | N/A | -25.2% |
| Uganda | 0.4 | 0.2 | 0.2 | N/A | -29.3% |
| Others | 2.9 | 6.5 | 19.9 | N/A | 162.0% |
| Total | 34.0 | 22.5 | 42.3 | 14.2 | -25.3% |
Top Suppliers of Niobium, Tantalum, Vanadium Ores and Concentrates to the United Arab Emirates in 2022:
- Democratic Republic of the Congo (340.3 tons)
- Malaysia (6.2 tons)
- Rwanda (1.4 tons)
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This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
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This report provides an in-depth analysis of the market for zirconium ore and concentrate in the United Arab Emirates.
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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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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.
