Price for Vanadium Oxides and Hydroxides in Indonesia - 2022
Contents:
- Price for Vanadium Oxides and Hydroxides in Indonesia (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Indonesia
Price for Vanadium Oxides and Hydroxides in Indonesia (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $42,782 per ton in 2022, dropping by -11.9% against the previous year. In general, the import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 75% against the previous year. The import price peaked at $54,431 per ton in 2019; however, from 2020 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 Japan ($91,836 per ton), while the price for the UK ($6,006 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vanadium Oxides and Hydroxides in Indonesia
In 2022, the amount of vanadium oxides and hydroxideses imported into Indonesia surged to 19 tons, with an increase of 104% compared with the previous year's figure. In general, imports, however, saw a abrupt decline.
In value terms, vanadium oxides and hydroxides imports soared to $829K in 2022. Over the period under review, imports, however, faced a deep slump.
| Import of Vanadium Oxides and Hydroxides in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 770 | 738 | 264 | 460 | -15.8% |
| Japan | 406 | 269 | 132 | 275 | -12.2% |
| United Kingdom | 104 | 96.1 | 29.9 | 44.4 | -24.7% |
| Netherlands | 48.7 | 41.2 | 11.1 | 24.8 | -20.1% |
| Taiwan (Chinese) | 24.5 | 51.7 | 11.5 | 22.0 | -3.5% |
| Others | 49.4 | 1.1 | 12.6 | 2.6 | -62.5% |
| Total | 1,403 | 1,197 | 461 | 829 | -16.1% |
Top Suppliers of Vanadium Oxides and Hydroxides to Indonesia in 2022:
- China (8.1 tons)
- United Kingdom (7.4 tons)
- Japan (3.0 tons)
- Netherlands (0.5 tons)
- Taiwan (Chinese) (0.4 tons)
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