Price for Vanadium Oxides and Hydroxides in Tanzania - 2022

Contents:

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

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

The average vanadium oxides and hydroxides import price stood at $34,000 per ton in 2022, growing by 14% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 118%. As a result, import price attained the peak level of $54,583 per ton. From 2016 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 Kenya ($36,167 per ton), while the price for India amounted to $21,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+0.9%), while the prices for the other major suppliers experienced a decline.

Imports of Vanadium Oxides and Hydroxides in Tanzania

In 2022, vanadium oxides and hydroxides imports into Tanzania shrank to 7 kg, which is down by -12.5% on 2021 figures. Overall, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 14% against the previous year.

In value terms, vanadium oxides and hydroxides imports amounted to $238 in 2022. In general, imports saw a deep contraction. The smallest decline of -48% was in 2020.

Import of Vanadium Oxides and Hydroxides in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya394219236217-18.0%
India64.019.02.021.0-31.0%
OthersN/AN/AN/AN/A0%
Total458238238238-19.6%

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

  1. Kenya (6.0 kg)
  2. India (1.0 kg)

Source: IndexBox Market Intelligence Platform

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