Price for Vanadium Oxides and Hydroxides in Australia - 2023

Contents:

1. Price for Vanadium Oxides and Hydroxides in Australia (CIF) - 2022
2. Price for Vanadium Oxides and Hydroxides in Australia (FOB) - 2022
3. Imports of Vanadium Oxides and Hydroxides in Australia
4. Exports of Vanadium Oxides and Hydroxides in Australia

Price for Vanadium Oxides and Hydroxides in Australia (CIF) - 2022

In 2022, the average vanadium oxides and hydroxides import price amounted to $7,041 per ton, with a decrease of -93.5% against the previous year. Overall, the import price recorded a deep slump. The growth pace was the most rapid in 2019 when the average import price increased by 135%. The import price peaked at $108,031 per ton in 2021, and then shrank rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($64,711 per ton), while the price for Spain amounted to $3,874 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vanadium Oxides and Hydroxides in Australia (FOB) - 2022

In 2022, the average vanadium oxides and hydroxides export price amounted to $233,971 per ton, with an increase of 3,501% against the previous year. Overall, the export price recorded significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($249,750 per ton), while the average price for exports to Lao People's Democratic Republic totaled $231,867 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+290.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vanadium Oxides and Hydroxides in Australia

In 2022, vanadium oxides and hydroxides imports into Australia soared to 30 tons, growing by 2,715% against the previous year's figure. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, vanadium oxides and hydroxides imports skyrocketed to $208K in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 305%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Vanadium Oxides and Hydroxides to Australia in 2022:

1. Spain (28.0 tons)
2. Netherlands (1.2 tons)

Exports of Vanadium Oxides and Hydroxides in Australia

In 2022, after three years of growth, there was significant decline in shipments abroad of vanadium oxides and hydroxideses, when their volume decreased by 99.9% to 34 kg. Overall, exports recorded a sharp slump. The growth pace was the most rapid in 2020 when exports increased by 0.2%.

In value terms, vanadium oxides and hydroxides exports reduced notably to $8K in 2022. Over the period under review, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 0.9%. As a result, the exports attained the peak of $2.5M, and then fell significantly in the following year.

Top Export Markets for Vanadium Oxides and Hydroxides from Australia in 2022:

1. Lao People's Democratic Republic (30.0 kg)
2. Cambodia (4.0 kg)

Source: IndexBox Market Intelligence Platform