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

Contents:

  1. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Estonia (FOB) - 2023
  2. Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Estonia (CIF) - 2022
  3. Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Estonia
  4. Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Estonia

Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Estonia (FOB) - 2023

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,781 per ton in October 2023, declining by -5.8% against the previous month. Overall, the export price showed a pronounced decline. The growth pace was the most rapid in January 2023 an increase of 3.6% m-o-m. The export price peaked at $3,992 per ton in October 2022; however, from November 2022 to October 2023, the export prices failed to regain momentum.

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

From October 2022 to October 2023, the rate of growth in terms of prices for Russia amounted to -3.0% per month.

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

The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $3,243 per ton in 2022, surging by 124% against the previous year. In general, the import price, however, recorded a precipitous decrease. The growth pace was the most rapid in 2020 when the average import price increased by 134% against the previous year. Over the period under review, average import prices reached the maximum at $34,555 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,461 per ton), while the price for Ukraine totaled $2,355 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 3.1K tons of niobium, tantalum, vanadium or zirconium ores and concentrateses were exported from Estonia; picking up by 793% compared with the year before. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses surged to $6.1M in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.90.90.76.189.2%
OthersN/AN/A0.2N/A0%
Total0.90.90.86.189.2%

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

  1. Russia (3.1K tons)

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

In 2022, the amount of niobium, tantalum, vanadium or zirconium ores and concentrateses imported into Estonia soared to 1.4K tons, picking up by 288% compared with 2021. Overall, imports saw a significant increase. 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 $4.7M in 2022. In general, imports enjoyed a significant 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 Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A4330%
Ukraine714685538414-16.6%
United StatesN/A1,596N/AN/A0%
OthersN/AN/AN/A3,8320%
Total7142,2815384,67987.1%

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

  1. Ukraine (176.0 tons)
  2. India (125.0 tons)

Source: IndexBox Market Intelligence Platform

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