Price for Vanadium Oxides and Hydroxides in Bahrain - 2022
Contents:
- Price for Vanadium Oxides and Hydroxides in Bahrain (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Bahrain
Price for Vanadium Oxides and Hydroxides in Bahrain (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $35,000 per ton in 2022, rising by 65% against the previous year. Over the period under review, the import price saw prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 88% against the previous year. Over the period under review, average import prices hit record highs at $114,766 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +159.6% per year.
Imports of Vanadium Oxides and Hydroxides in Bahrain
After three years of growth, purchases abroad of vanadium oxides and hydroxideses decreased by 99.9% to 1 kg in 2022. In general, imports showed a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 573%. As a result, imports reached the peak of 6.7 tons, and then declined markedly in the following year.
In value terms, vanadium oxides and hydroxides imports reduced rapidly to $35 in 2022. Overall, imports showed a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 527%. As a result, imports reached the peak of $143K, and then dropped markedly in the following year.
| Import of Vanadium Oxides and Hydroxides in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Netherlands | N/A | N/A | 93.0 | N/A | 0% |
| Germany | 39.4 | 22.7 | 49.8 | N/A | 12.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 39.4 | 22.8 | 143 | N/A | 90.5% |
Top Suppliers of Vanadium Oxides and Hydroxides to Bahrain in 2022:
- India (1.0 kg)
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