Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Malaysia - 2024
Contents:
- Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Malaysia (CIF) - 2022
- Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Malaysia (FOB) - 2022
- Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Malaysia
- Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Malaysia
Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Malaysia (CIF) - 2022
The average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,941 per ton in 2022, picking up by 28% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for niobium, tantalum, vanadium or zirconium ores and concentrateses increased by +64.2% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 59% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.
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 Congo ($16,372 per ton), while the price for South Africa ($1,926 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+11.9%), 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 Malaysia (FOB) - 2022
The average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses stood at $2,559 per ton in 2022, jumping by 24% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 74% against the previous year. As a result, the export price reached the peak level of $3,289 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($7,207 per ton), while the average price for exports to India ($1,476 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 Thailand (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Malaysia
In 2022, approx. 66K tons of niobium, tantalum, vanadium or zirconium ores and concentrateses were imported into Malaysia; picking up by 12% on the previous year. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 40% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses soared to $194M in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 77% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 32.2 | 24.1 | 64.3 | 59.5 | 22.7% |
| Nigeria | 1.2 | 4.6 | 8.0 | 34.6 | 206.6% |
| Congo | 10.5 | 11.8 | 33.0 | 32.3 | 45.4% |
| South Africa | 3.0 | 15.3 | 6.1 | 16.1 | 75.1% |
| Indonesia | 5.8 | 4.4 | 6.5 | 15.6 | 39.1% |
| Kenya | 0.3 | 0.6 | 0.5 | 2.9 | 113.0% |
| Others | 18.7 | 15.4 | 16.3 | 32.8 | 20.6% |
| Total | 71.7 | 76.2 | 135 | 194 | 39.3% |
Top Suppliers of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates to Malaysia in 2022:
- Australia (30.7K tons)
- Nigeria (12.7K tons)
- South Africa (8.4K tons)
- Indonesia (8.0K tons)
- Congo (2.0K tons)
- Kenya (1.3K tons)
Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Malaysia
After three years of growth, overseas shipments of niobium, tantalum, vanadium or zirconium ores and concentrateses decreased by -17.3% to 37K tons in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 103%. As a result, the exports reached the peak of 44K tons, and then plummeted in the following year.
In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses rose slightly to $94M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 91% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.8 | 10.9 | 23.6 | 27.1 | 40.4% |
| Thailand | 7.1 | 12.9 | 23.1 | 26.4 | 54.9% |
| China | 7.4 | 14.9 | 21.1 | 16.3 | 30.1% |
| United Arab Emirates | 1.9 | 2.6 | 10.4 | 8.5 | 64.8% |
| Indonesia | 4.3 | N/A | 1.6 | 3.6 | -5.8% |
| Vietnam | 1.6 | 1.0 | 2.5 | 3.2 | 26.0% |
| Taiwan (Chinese) | 0.1 | 0.7 | 2.0 | 3.1 | 214.1% |
| Others | 2.0 | 5.0 | 7.6 | 5.9 | 43.4% |
| Total | 34.3 | 48.1 | 92.0 | 94.1 | 40.0% |
Top Export Markets for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates from Malaysia in 2022:
- India (18.4K tons)
- China (5.1K tons)
- Thailand (3.7K tons)
- United Arab Emirates (2.5K tons)
- Indonesia (2.4K tons)
- Vietnam (2.0K tons)
- Taiwan (Chinese) (1.6K tons)
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This report provides an in-depth analysis of the market for zirconium ore and concentrate in Malaysia.
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This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
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This report provides an in-depth analysis of the market for zirconium ore and concentrate in Malaysia.
1383
This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
340
Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.
809
The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.
340
Explore the top import markets for zirconium ore and concentrate, including China, Spain, India, the United States, Malaysia, Italy, Japan, France, Brazil, and Belgium. Gain valuable insights and key statistics from IndexBox market intelligence platform.
809
The global zirconium ore and concentrate market soared by +16% y-o-y to $2.4B in 2020. China, Australia and the U.S. lead global zirconium ore and concentrate consumption, with a combined 78%-share of the total volume. China prevails in global zirconium concentrate imports, steadily increasing the volume of purchases over the last decade. In 2020, the world average import price for zirconium ores and concentrates amounted to $987 per ton, rising at an average annual rate of +1.1% over the past ten years.
