Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Kuwait - 2022
Contents:
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Kuwait (FOB) - 2022
- Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Kuwait
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Kuwait (FOB) - 2022
The average export price for niobium, tantalum, vanadium ores and concentrateses stood at $48,822 per ton in 2022, growing by 21% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $54,710 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($57,195 per ton), while the average price for exports to Lithuania ($44,559 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+46.5%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Kuwait
For the third consecutive year, Kuwait recorded decline in shipments abroad of niobium, tantalum, vanadium ores and concentrateses, which decreased by -84.8% to 17 tons in 2022. Overall, exports saw a dramatic downturn. The smallest decline of -10.6% was in 2020.
In value terms, exports of niobium, tantalum, vanadium ores and concentrateses dropped significantly to $844K in 2022. Over the period under review, exports showed a significant contraction. The smallest decline of -23.4% was in 2020.
| Export of Niobium, Tantalum, Vanadium Ores and Concentrates in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.7 | 2.7 | 1.0 | 0.5 | -43.0% |
| Taiwan (Chinese) | 3.7 | 4.6 | 3.0 | 0.2 | -62.2% |
| Lithuania | 0.5 | 0.5 | 0.2 | 0.1 | -41.5% |
| Russia | 0.7 | N/A | N/A | N/A | 0% |
| Kazakhstan | 0.4 | N/A | 0.4 | N/A | 0.0% |
| Latvia | 2.0 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 10.2 | 7.8 | 4.6 | 0.8 | -57.2% |
Top Export Markets for Niobium, Tantalum, Vanadium Ores and Concentrates from Kuwait in 2022:
- India (11.6 tons)
- Taiwan (Chinese) (3.3 tons)
- Lithuania (2.4 tons)
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This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
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This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
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Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.
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The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.
