Price for Vanadium Oxides and Hydroxides in Malaysia - 2021
Contents:
- Price for Vanadium Oxides and Hydroxides in Malaysia (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Malaysia
Price for Vanadium Oxides and Hydroxides in Malaysia (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $24,912 per ton in 2022, surging by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by 27%. As a result, import price reached the peak level of $43,559 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($174,185 per ton), while the price for Taiwan (Chinese) ($10,381 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vanadium Oxides and Hydroxides in Malaysia
In 2022, the amount of vanadium oxides and hydroxideses imported into Malaysia soared to 13 tons, jumping by 109% on 2021 figures. Overall, imports, however, continue to indicate a abrupt slump.
In value terms, vanadium oxides and hydroxides imports surged to $336K in 2022. In general, imports, however, showed a precipitous curtailment.
| Import of Vanadium Oxides and Hydroxides in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 516 | 305 | 10.3 | 153 | -33.3% |
| Taiwan (Chinese) | 53.0 | 108 | 48.9 | 109 | 27.2% |
| United Kingdom | 64.8 | 58.0 | 14.0 | 30.1 | -22.6% |
| Netherlands | 63.5 | 21.9 | 11.2 | 24.9 | -26.8% |
| Others | 78.6 | 40.6 | 53.7 | 19.2 | -37.5% |
| Total | 776 | 534 | 138 | 336 | -24.3% |
Top Suppliers of Vanadium Oxides and Hydroxides to Malaysia in 2022:
- Taiwan (Chinese) (10.5 tons)
- China (2.1 tons)
- Netherlands (0.5 tons)
- United Kingdom (0.2 tons)
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