Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Indonesia - 2022

Contents:

  1. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Indonesia (FOB) - 2022
  2. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Indonesia (CIF) - 2022
  3. Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Indonesia
  4. Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Indonesia

Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Indonesia (FOB) - 2022

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,416 per ton in March 2022, rising by 6.5% against the previous month. In general, export price indicated a noticeable increase from March 2021 to March 2022: its price increased at an average monthly rate of +4.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, export price for niobium, tantalum, vanadium or zirconium ores and concentrateses increased by +74.2% against March 2021 indices. The pace of growth was the most pronounced in October 2021 when the average export price increased by 14% month-to-month. The export price peaked in March 2022.

Average prices varied somewhat for the major external markets. In March 2022, the countries with the highest prices were Turkey ($2,914 per ton) and Spain ($2,515 per ton), while the average price for exports to Malaysia ($2,229 per ton) and the Netherlands ($2,230 per ton) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Indonesia (CIF) - 2022

The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,186 per ton in March 2022, with a decrease of -67% against the previous month. Overall, the import price saw a pronounced decline. The pace of growth appeared the most rapid in October 2021 an increase of 455% m-o-m. As a result, import price reached the peak level of $9,489 per ton. From November 2021 to March 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Japan ($5,772 per ton), while the price for Australia ($1,955 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Indonesia

In 2022, shipments abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses was finally on the rise to reach 103K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses soared to $309M in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China59.548.666.520049.8%
India19.117.88.742.430.5%
Malaysia4.64.84.714.044.9%
Netherlands2.41.93.711.066.1%
Mexico3.20.12.57.633.4%
Taiwan (Chinese)2.92.61.56.430.2%
Turkey2.51.91.95.933.1%
Spain4.40.21.65.910.3%
Others4.25.95.116.457.5%
Total10383.896.330944.2%

Top Export Markets for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates from Indonesia in 2022:

  1. China (62.3K tons)
  2. India (16.3K tons)
  3. Malaysia (5.7K tons)
  4. Netherlands (3.3K tons)
  5. Taiwan (Chinese) (2.6K tons)
  6. Mexico (2.6K tons)
  7. Turkey (2.2K tons)
  8. Spain (2.2K tons)

Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Indonesia

In 2022, approx. 11K tons of niobium, tantalum, vanadium or zirconium ores and concentrateses were imported into Indonesia; growing by 307% against 2021. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses skyrocketed to $14M in 2022. In general, imports saw a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 184%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa30.643.81,6196,066483.1%
Ukraine1667116322,368142.5%
South Korea2243004781,79099.9%
Japan6174544581,71840.7%
Germany4852002241,01527.9%
Taiwan (Chinese)12379.670.430535.4%
Vietnam0.10.178.72951334.2%
Australia6,309N/A1,478N/A-51.6%
Others20.214.773.610975.4%
Total7,9741,8035,11213,66619.7%

Top Suppliers of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates to Indonesia in 2022:

  1. South Africa (6.0K tons)
  2. Ukraine (2.6K tons)
  3. Germany (0.8K tons)
  4. Japan (0.6K tons)
  5. South Korea (0.4K tons)
  6. Taiwan (Chinese) (0.2K tons)
  7. Vietnam (0.2K tons)

Source: IndexBox Market Intelligence Platform

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