Price for Vanadium Oxides and Hydroxides in Italy - 2023
Contents:
- Price for Vanadium Oxides and Hydroxides in Italy (CIF) - 2022
- Price for Vanadium Oxides and Hydroxides in Italy (FOB) - 2022
- Imports of Vanadium Oxides and Hydroxides in Italy
- Exports of Vanadium Oxides and Hydroxides in Italy
Price for Vanadium Oxides and Hydroxides in Italy (CIF) - 2022
In 2022, the average vanadium oxides and hydroxides import price amounted to $27,470 per ton, jumping by 51% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vanadium oxides and hydroxides import price increased by +55.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($30,525 per ton), while the price for the Netherlands ($9,547 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vanadium Oxides and Hydroxides in Italy (FOB) - 2022
The average vanadium oxides and hydroxides export price stood at $27,501 per ton in 2022, rising by 57% against the previous year. In general, the export price continues to indicate tangible growth. The export price peaked at $35,434 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($33,908 per ton), while the average price for exports to Oman ($15,535 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 Iran (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vanadium Oxides and Hydroxides in Italy
In 2022, imports of vanadium oxides and hydroxideses into Italy reduced sharply to 157 tons, shrinking by -33.6% compared with the year before. Over the period under review, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year.
In value terms, vanadium oxides and hydroxides imports totaled $4.3M in 2022. Overall, imports showed a significant decline. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year.
Import of Vanadium Oxides and Hydroxides in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.1 | 1.2 | 1.9 | 2.2 | -10.8% |
Taiwan (Chinese) | 5.3 | 1.9 | 1.5 | 2.1 | -26.6% |
Netherlands | 0.1 | N/A | 0.8 | N/A | 182.8% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 8.5 | 3.1 | 4.3 | 4.3 | -20.3% |
Top Suppliers of Vanadium Oxides and Hydroxides to Italy in 2022:
- Taiwan (Chinese) (83.5 tons)
- Germany (73.1 tons)
- Netherlands (0.1 tons)
Exports of Vanadium Oxides and Hydroxides in Italy
Vanadium oxides and hydroxides exports from Italy dropped dramatically to 3.1 tons in 2022, with a decrease of -97% on the previous year's figure. Over the period under review, exports saw a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 751%. As a result, the exports reached the peak of 103 tons, and then fell sharply in the following year.
In value terms, vanadium oxides and hydroxides exports dropped dramatically to $86K in 2022. Overall, exports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2021 when exports increased by 470% against the previous year. As a result, the exports reached the peak of $1.8M, and then fell dramatically in the following year.
Export of Vanadium Oxides and Hydroxides in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | N/A | N/A | N/A | 56.6 | 0% |
Germany | 34.3 | 33.1 | 11.3 | 20.3 | -16.0% |
Oman | N/A | N/A | N/A | 7.1 | 0% |
Spain | 224 | 53.2 | 3.3 | 1.5 | -81.2% |
Austria | N/A | N/A | 327 | N/A | 0% |
France | N/A | 43.7 | 1,395 | N/A | 3092.2% |
Guatemala | N/A | 29.4 | N/A | N/A | 0% |
Mexico | 247 | 31.2 | 55.8 | N/A | -52.5% |
Turkey | 47.0 | 21.5 | N/A | N/A | -54.3% |
Others | 136 | 105 | 13.3 | N/A | -68.7% |
Total | 689 | 317 | 1,805 | 85.6 | -50.1% |
Top Export Markets for Vanadium Oxides and Hydroxides from Italy in 2022:
- Argentina (2000.0 kg)
- Germany (600.0 kg)
- Oman (460.0 kg)
- Spain (53.0 kg)
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