Price for Vanadium Oxides and Hydroxides in Morocco - 2022
Contents:
- Price for Vanadium Oxides and Hydroxides in Morocco (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Morocco
Price for Vanadium Oxides and Hydroxides in Morocco (CIF) - 2022
In 2022, the average vanadium oxides and hydroxides import price amounted to $64,661 per ton, picking up by 103% against the previous year. Over the period under review, the import price posted a perceptible increase. Over the period under review, average import prices reached the maximum at $79,778 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 China ($68,860 per ton), while the price for India ($9,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+41.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vanadium Oxides and Hydroxides in Morocco
In 2022, vanadium oxides and hydroxides imports into Morocco soared to 56 kg, increasing by 167% on 2021. Over the period under review, imports, however, saw a pronounced setback. The growth pace was the most rapid in 2021 with an increase of 320% against the previous year.
In value terms, vanadium oxides and hydroxides imports surged to $3.6K in 2022. In general, imports showed resilient growth. The growth pace was the most rapid in 2021 with an increase of 482%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Vanadium Oxides and Hydroxides in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 3,443 | 0% |
| Germany | 394 | 7.0 | 358 | 169 | -24.6% |
| India | 51.0 | 3.0 | 5.0 | 9.0 | -43.9% |
| Belgium | 13.0 | 1.0 | 7.0 | N/A | -26.6% |
| United States | 94.0 | 10.0 | 59.0 | N/A | -20.8% |
| France | 1,687 | 94.0 | 120 | N/A | -73.3% |
| Others | 271 | N/A | 120 | N/A | -33.5% |
| Total | 2,510 | 115 | 669 | 3,621 | 13.0% |
Top Suppliers of Vanadium Oxides and Hydroxides to Morocco in 2022:
- China (50.0 kg)
- Germany (5.0 kg)
- India (1.0 kg)
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