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

Contents:

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

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

In 2022, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $2,624 per ton, surging by 2.2% against the previous year. In general, the import price saw prominent growth. The growth pace was the most rapid in 2015 when the average import price increased by 83% against the previous year. The import price peaked at $2,887 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($2,911 per ton) and South Africa ($2,570 per ton), while the price for Australia ($2,436 per ton) and China ($2,471 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $5,948 per ton in 2022, rising by 70% against the previous year. Over the period under review, the export price, however, saw a mild contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 448%. As a result, the export price reached the peak level of $8,010 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Fiji amounted to -11.3% per year.

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

For the fourth year in a row, New Zealand recorded growth in supplies from abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses, which increased by 287% to 61 tons in 2022. Overall, imports showed a significant increase. As a result, imports attained 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 skyrocketed to $160K in 2022. In general, imports saw 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 New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa4.912.718.7101174.2%
United States7.93.614.637.367.8%
Australia1.91.34.911.682.8%
China1.62.72.310.788.4%
Others0.12.10.1N/A0.0%
Total16.322.440.5160114.1%

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

  1. South Africa (39.2 tons)
  2. United States (12.8 tons)
  3. Australia (4.8 tons)
  4. China (4.3 tons)

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

In 2022, shipments abroad of niobium, tantalum, vanadium or zirconium ores and concentrateses decreased by -49.5% to 840 kg, falling for the second consecutive year after two years of growth. In general, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 83%. As a result, the exports reached the peak of 8.4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses contracted to $5K in 2022. Overall, exports showed a dramatic descent. The smallest decline of -11.9% was in 2020.

Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji3.63.95.65.011.6%
South KoreaN/A0.6N/AN/A0%
Germany30.7N/AN/AN/A0%
Australia2.51.00.2N/A-71.7%
OthersN/A26.9N/AN/A0%
Total36.832.45.85.0-48.6%

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

  1. Fiji (840.0 kg)

Source: IndexBox Market Intelligence Platform

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