Price for Vanadium Oxides and Hydroxides in Estonia - 2022

Contents:

  1. Price for Vanadium Oxides and Hydroxides in Estonia (CIF) - 2022
  2. Imports of Vanadium Oxides and Hydroxides in Estonia

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

The average vanadium oxides and hydroxides import price stood at $125,874,000 per ton in 2022, increasing by 166,989% against the previous year. Over the period under review, the import price enjoyed a significant increase. As a result, import price attained the peak level and is likely to continue 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 Latvia ($251,654,000 per ton), while the price for the United States stood at $94,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.1%).

Imports of Vanadium Oxides and Hydroxides in Estonia

In 2022, approx. 2 kg of vanadium oxides and hydroxideses were imported into Estonia; dropping by -33.3% compared with 2021 figures. Overall, imports recorded a significant decline. The pace of growth appeared the most rapid in 2021 when imports increased by 200% against the previous year.

In value terms, vanadium oxides and hydroxides imports surged to $252K in 2022. In general, imports, however, showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vanadium Oxides and Hydroxides in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LatviaN/AN/AN/A2520%
United States0.4N/AN/A0.1-37.0%
GermanyN/A0.10.2N/A100.0%
Others0.1N/AN/AN/A0%
Total0.50.10.2252695.8%

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

  1. United States (1.0 kg)
  2. Latvia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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