Price for Vanadium Oxides and Hydroxides in Pakistan - 2023
Contents:
- Price for Vanadium Oxides and Hydroxides in Pakistan (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Pakistan
Price for Vanadium Oxides and Hydroxides in Pakistan (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $14,885 per ton in 2022, jumping by 570% against the previous year. Over the period under review, the import price, however, showed a deep slump. The import price peaked at $35,055 per ton in 2012; however, from 2013 to 2022, 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 Netherlands ($22,000 per ton), while the price for the UK ($1,000 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 (-3.2%), while the prices for the other major suppliers experienced a decline.
Imports of Vanadium Oxides and Hydroxides in Pakistan
In 2022, purchases abroad of vanadium oxides and hydroxideses increased by 189% to 26 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a precipitous decrease.
In value terms, vanadium oxides and hydroxides imports surged to $387 in 2022. Over the period under review, imports, however, showed a sharp descent.
Import of Vanadium Oxides and Hydroxides in Pakistan (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 1,457 | 604 | 12.0 | 339 | -38.5% |
Netherlands | 106 | 42.0 | 1.0 | 22.0 | -40.8% |
Germany | 55.0 | 28.0 | 1.0 | 13.0 | -38.2% |
China | 79.0 | 65.0 | 1.0 | 9.0 | -51.5% |
United States | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
United Kingdom | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
Belgium | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
South Korea | 4.0 | 1.0 | 1.0 | 1.0 | -37.0% |
Others | N/A | 17.0 | 1.0 | N/A | -94.1% |
Total | 1,704 | 760 | 20.0 | 387 | -39.0% |
Top Suppliers of Vanadium Oxides and Hydroxides to Pakistan in 2022:
- South Africa (19.0 kg)
- United States (1.0 kg)
- Netherlands (1.0 kg)
- United Kingdom (1.0 kg)
- Germany (1.0 kg)
- Belgium (1.0 kg)
- China (1.0 kg)
- South Korea (1.0 kg)
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