Price for Vanadium Oxides and Hydroxides in Chile - 2023

Contents:

  1. Price for Vanadium Oxides and Hydroxides in Chile (CIF) - 2022
  2. Imports of Vanadium Oxides and Hydroxides in Chile

Price for Vanadium Oxides and Hydroxides in Chile (CIF) - 2022

The average vanadium oxides and hydroxides import price stood at $321,000 per ton in 2022, picking up by 23% against the previous year. Over the period under review, the import price enjoyed noticeable growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 1,101% against the previous year. The import price peaked at $1,520,000 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($589,000 per ton), while the price for Switzerland amounted to $24,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.0%).

Imports of Vanadium Oxides and Hydroxides in Chile

In 2022, vanadium oxides and hydroxides imports into Chile skyrocketed to 3 kg, growing by 200% on 2021 figures. In general, imports, however, saw a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 2,100% against the previous year. As a result, imports attained the peak of 110 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, vanadium oxides and hydroxides imports soared to $963 in 2022. Overall, imports, however, continue to indicate a sharp descent.

Import of Vanadium Oxides and Hydroxides in Chile (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,7861,790230589-30.9%
SwitzerlandN/AN/AN/A24.00%
ChinaN/A610N/AN/A0%
United States569N/AN/AN/A0%
Others165N/A32.035028.5%
Total2,5202,400262963-27.4%

Top Suppliers of Vanadium Oxides and Hydroxides to Chile in 2022:

  1. Switzerland (1.0 kg)
  2. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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