Price for Vanadium Oxides and Hydroxides in Venezuela - 2022

Contents:

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

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

In 2022, the average vanadium oxides and hydroxides import price amounted to $16,731 per ton, dropping by -13.5% against the previous year. Over the period under review, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 57% against the previous year. Over the period under review, average import prices hit record highs at $21,983 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.7% per year.

Imports of Vanadium Oxides and Hydroxides in Venezuela

After three years of growth, supplies from abroad of vanadium oxides and hydroxideses decreased by -20.3% to 829 kg in 2022. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 68%. As a result, imports attained the peak of 1 tons, and then dropped notably in the following year.

In value terms, vanadium oxides and hydroxides imports declined markedly to $14K in 2022. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 163%. As a result, imports attained the peak of $20K, and then contracted notably in the following year.

Import of Vanadium Oxides and Hydroxides in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.97.620.013.868.2%
OthersN/AN/A0.10.10.0%
Total2.97.620.113.968.6%

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

  1. United States (825.0 kg)

Source: IndexBox Market Intelligence Platform

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