Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Portugal - 2023

Contents:

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

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

The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,873 per ton in 2022, growing by 38% against the previous year. Over the period under review, the import price posted a moderate expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($4,466 per ton), while the price for Spain ($2,637 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+43.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $3,934 per ton, leveling off at the previous year. Over the period under review, the export price recorded a measured expansion. The most prominent rate of growth was recorded in 2016 an increase of 133% against the previous year. The export price peaked at $106,350 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Algeria.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -19.0% per year.

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

In 2022, the amount of niobium, tantalum, vanadium or zirconium ores and concentrateses imported into Portugal fell to 2.3K tons, with a decrease of -12.3% compared with the previous year. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 5.6% against the previous year.

In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses surged to $6.6M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain4.03.23.95.07.7%
United Kingdom0.20.40.30.965.1%
Germany1.20.90.70.3-37.0%
Netherlands0.20.10.20.20.0%
Others0.10.10.40.344.2%
Total5.94.85.56.63.8%

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

  1. Spain (1899.7 tons)
  2. United Kingdom (231.9 tons)
  3. Germany (104.5 tons)
  4. Netherlands (34.1 tons)

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

In 2022, overseas shipments of niobium, tantalum, vanadium or zirconium ores and concentrateses decreased by 0% to 23 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 733% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses totaled $91K in 2022. In general, exports continue to indicate a significant increase. The smallest decline of -12.2% was in 2020. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AlgeriaN/AN/AN/A90.20%
Others0.10.1N/A0.681.7%
Total0.10.1N/A90.7868.0%

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

  1. Algeria (23.0 tons)

Source: IndexBox Market Intelligence Platform

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