Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Colombia - 2022

Contents:

  1. Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Colombia (FOB) - 2022
  2. Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Colombia

Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Colombia (FOB) - 2022

In 2022, the average export price for niobium, tantalum, vanadium ores and concentrateses amounted to $46,902 per ton, rising by 14% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 24% against the previous year. The export price peaked at $47,493 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($54,810 per ton), while the average price for exports to Spain amounted to $42,177 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+23.5%), while the prices for the other major destinations experienced mixed trend patterns.

Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Colombia

Exports of niobium, tantalum, vanadium ores and concentrateses from Colombia surged to 2.4 tons in 2022, rising by 18% on the previous year's figure. In general, exports, however, continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2021 when exports increased by 22%.

In value terms, exports of niobium, tantalum, vanadium ores and concentrateses skyrocketed to $112K in 2022. Over the period under review, exports, however, saw a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 51% against the previous year.

Export of Niobium, Tantalum, Vanadium Ores and Concentrates in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain12139.951.463.1-19.5%
China23215.832.649.3-40.3%
Others0.2N/AN/AN/A0%
Total35455.684.0112-31.9%

Top Export Markets for Niobium, Tantalum, Vanadium Ores and Concentrates from Colombia in 2022:

  1. Spain (1495.0 kg)
  2. China (899.0 kg)

Source: IndexBox Market Intelligence Platform

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