Price for Vanadium Oxides and Hydroxides in Peru - 2022
Contents:
- Price for Vanadium Oxides and Hydroxides in Peru (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Peru
Price for Vanadium Oxides and Hydroxides in Peru (CIF) - 2022
In 2022, the average vanadium oxides and hydroxides import price amounted to $11,424 per ton, picking up by 22% against the previous year. Over the period under review, the import price saw a modest expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the United States ($492,333 per ton), while the price for China stood at $10,271 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+36.8%).
Imports of Vanadium Oxides and Hydroxides in Peru
Vanadium oxides and hydroxides imports into Peru shrank to 3.2 tons in 2022, waning by -8.4% compared with the year before. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 21%. As a result, imports reached the peak of 3.5 tons, and then dropped in the following year.
In value terms, vanadium oxides and hydroxides imports rose notably to $37K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Vanadium Oxides and Hydroxides in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.8 | 23.3 | 30.5 | 32.8 | 14.6% |
| Others | 0.9 | 2.4 | 2.3 | 3.9 | 63.0% |
| Total | 22.7 | 25.7 | 32.8 | 36.7 | 17.4% |
Top Suppliers of Vanadium Oxides and Hydroxides to Peru in 2022:
- China (3.2 tons)
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