Price for Vanadium Oxides and Hydroxides in Thailand - 2023
Contents:
- Price for Vanadium Oxides and Hydroxides in Thailand (FOB) - 2022
- Price for Vanadium Oxides and Hydroxides in Thailand (CIF) - 2022
- Exports of Vanadium Oxides and Hydroxides in Thailand
- Imports of Vanadium Oxides and Hydroxides in Thailand
Price for Vanadium Oxides and Hydroxides in Thailand (FOB) - 2022
In 2022, the average vanadium oxides and hydroxides export price amounted to $8,674 per ton, reducing by -3.8% against the previous year. In general, the export price, however, saw a buoyant increase. The growth pace was the most rapid in 2021 an increase of 75%. As a result, the export price reached the peak level of $9,018 per ton, and then shrank slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($11,193 per ton), while the average price for exports to India stood at $6,912 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vanadium Oxides and Hydroxides in Thailand (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $37,541 per ton in 2022, growing by 31% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 243% against the previous year. The import price peaked at $58,682 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($51,000 per ton), while the price for Japan totaled $36,893 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vanadium Oxides and Hydroxides in Thailand
In 2022, overseas shipments of vanadium oxides and hydroxideses were finally on the rise to reach 340 tons after two years of decline. Over the period under review, exports, however, saw a sharp downturn.
In value terms, vanadium oxides and hydroxides exports surged to $2.9M in 2022. In general, exports, however, faced a abrupt decrease.
| Export of Vanadium Oxides and Hydroxides in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,010 | 521 | 348 | 1,567 | 15.8% |
| India | 1,388 | 86.3 | 569 | 1,382 | -0.1% |
| South Korea | 352 | N/A | 795 | N/A | 50.3% |
| China | N/A | 694 | 137 | N/A | -80.3% |
| Taiwan (Chinese) | 1,434 | 51.6 | N/A | N/A | -96.4% |
| Netherlands | 88.0 | 86.6 | N/A | N/A | -1.6% |
| Others | N/A | 4.5 | N/A | N/A | 0% |
| Total | 4,272 | 1,444 | 1,848 | 2,949 | -11.6% |
Top Export Markets for Vanadium Oxides and Hydroxides from Thailand in 2022:
- China (undefined tons)
- India (200.0 tons)
- Japan (140.0 tons)
Imports of Vanadium Oxides and Hydroxides in Thailand
In 2022, approx. 1.5 tons of vanadium oxides and hydroxideses were imported into Thailand; waning by -91.3% compared with the previous year's figure. Over the period under review, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 3,879%. As a result, imports reached the peak of 17 tons, and then contracted markedly in the following year.
In value terms, vanadium oxides and hydroxides imports declined dramatically to $55K in 2022. In general, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 2,137%.
| Import of Vanadium Oxides and Hydroxides in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 108 | 19.8 | 61.3 | 52.6 | -21.3% |
| Taiwan (Chinese) | 358 | N/A | 419 | N/A | 8.2% |
| Vietnam | 51.5 | N/A | N/A | N/A | 0% |
| Others | 1.8 | 1.7 | 0.9 | 2.0 | 3.6% |
| Total | 519 | 21.5 | 481 | 54.6 | -52.8% |
Top Suppliers of Vanadium Oxides and Hydroxides to Thailand in 2022:
- Japan (1425.0 kg)
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