Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Costa Rica - 2022

Contents:

  1. Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Costa Rica (CIF) - 2022
  2. Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Costa Rica

Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Costa Rica (CIF) - 2022

In 2022, the average import price for niobium, tantalum, vanadium ores and concentrateses amounted to $7,150 per ton, which is down by -9.8% against the previous year. Over the period under review, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2020 an increase of 218% against the previous year. Over the period under review, average import prices attained the peak figure at $10,015 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 United States ($55,545 per ton), while the price for the Dominican Republic stood at $1,395 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (-9.0%).

Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Costa Rica

Imports of niobium, tantalum, vanadium ores and concentrateses into Costa Rica soared to 207 kg in 2022, jumping by 20% compared with the previous year. The total import volume increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of niobium, tantalum, vanadium ores and concentrateses rose notably to $1.5K in 2022. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 164% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Niobium, Tantalum, Vanadium Ores and Concentrates in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2741,0781,1531,22264.6%
Dominican Republic1981672102589.2%
OthersN/AN/AN/AN/A0%
Total4721,2451,3631,48046.4%

Top Suppliers of Niobium, Tantalum, Vanadium Ores and Concentrates to Costa Rica in 2022:

  1. Dominican Republic (185.0 kg)
  2. United States (22.0 kg)

Source: IndexBox Market Intelligence Platform

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