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

Contents:

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

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

In 2022, the average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $1,212 per ton, waning by -62.9% against the previous year. In general, the export price showed a deep reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,445 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,414 per ton), while the average price for exports to Latvia ($975 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 Russia (+21.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $1,016 per ton, dropping by -58.8% against the previous year. In general, the import price showed a deep contraction. The pace of growth appeared the most rapid in 2017 an increase of 89%. The import price peaked at $2,822 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($3,484 per ton), while the price for Ukraine ($918 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+69.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 2.3K tons of niobium, tantalum, vanadium or zirconium ores and concentrateses were exported from Lithuania; picking up by 153% compared with 2021. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 169%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses dropped to $2.7M in 2022. In general, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 155%. As a result, the exports reached the peak of $2.9M, and then reduced in the following year.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia6.4N/A1081,970575.2%
Belarus5035645925915.5%
Russia1,754382216137-57.3%
NetherlandsN/AN/A1,420N/A0%
OthersN/A19558032.6-59.1%
Total2,2641,1422,9162,7306.4%

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

  1. Latvia (2020.9 tons)
  2. Belarus (180.6 tons)
  3. Russia (40.0 tons)

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

In 2022, overseas purchases of niobium, tantalum, vanadium or zirconium ores and concentrateses were finally on the rise to reach 2.2K tons after two years of decline. Over the period under review, imports saw a strong expansion. 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 soared to $2.3M in 2022. In general, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/AN/A1,6410%
CanadaN/AN/AN/A2330%
Spain250263486232-2.5%
United StatesN/AN/AN/A1770%
Russia0.4159N/AN/A39650.0%
France330N/AN/AN/A0%
India202895N/AN/A343.1%
Kuwait771N/A165N/A-53.7%
Others0.11.0332N/A5661.9%
Total1,5531,3179832,28413.7%

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

  1. Ukraine (1788.2 tons)
  2. Canada (209.6 tons)
  3. United States (182.8 tons)
  4. Spain (66.7 tons)

Source: IndexBox Market Intelligence Platform

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