Price for Vanadium Oxides and Hydroxides in Mexico - 2022

Contents:

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

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

In 2022, the average vanadium oxides and hydroxides import price amounted to $13,494 per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2013 when the average import price decreased by -0.5%. Over the period under review, average import prices hit record highs at $22,209 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 South Africa ($15,210 per ton), while the price for Germany ($525 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-3.6%), while the prices for the other major suppliers experienced a decline.

Imports of Vanadium Oxides and Hydroxides in Mexico

In 2022, vanadium oxides and hydroxides imports into Mexico stood at 3.4 tons, approximately equating the previous year's figure. Overall, imports recorded a significant contraction. The smallest decline of 99.9% was in 2021.

In value terms, vanadium oxides and hydroxides imports stood at $46K in 2022. In general, imports saw a significant decrease. The smallest decline of 99.9% was in 2021.

Import of Vanadium Oxides and Hydroxides in Mexico (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
South Africa89.5N/A44.9-29.2%
Italy0.4N/A0.622.5%
BelgiumN/AN/A0.20%
United States1.3N/A0.1-72.3%
Germany0.2N/A0.1-29.3%
Japan0.3N/A0.1-42.3%
OthersN/AN/AN/A0%
Total91.8N/A45.9-29.3%

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

  1. South Africa (2949.0 kg)
  2. Italy (133.0 kg)
  3. Germany (122.0 kg)
  4. Belgium (76.0 kg)
  5. United States (67.0 kg)
  6. Japan (55.0 kg)

Source: IndexBox Market Intelligence Platform

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