Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Turkey - 2023
Contents:
- Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Turkey (CIF) - 2023
- Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Turkey (FOB) - 2022
- Imports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Turkey
- Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Turkey
Price for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Turkey (CIF) - 2023
In December 2023, the average import price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $1,965 per ton, stabilizing at the previous month. Overall, the import price, however, showed a deep downturn. The most prominent rate of growth was recorded in July 2023 an increase of 34% against the previous month. Over the period under review, average import prices hit record highs at $3,870 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,227 per ton), while the price for Egypt ($1,634 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.1%), 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 Turkey (FOB) - 2022
In 2022, the average export price for niobium, tantalum, vanadium or zirconium ores and concentrateses amounted to $6,019 per ton, with an increase of 162% against the previous year. Over the period under review, the export price, however, showed a noticeable shrinkage. The export price peaked at $8,495 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,443 per ton), while the average price for exports to Hungary ($3,326 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 Russia (+177.5%), 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 Turkey
In 2022, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses into Turkey surged to 8.1K tons, jumping by 27% compared with 2021 figures. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 50%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of niobium, tantalum, vanadium or zirconium ores and concentrateses surged to $22M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | 0.6 | 3.2 | 5.7 | 208.2% |
| Senegal | 2.2 | 6.2 | 3.4 | 4.6 | 27.9% |
| Russia | N/A | N/A | N/A | 3.4 | 0% |
| Ukraine | 2.4 | 1.2 | 1.9 | 2.0 | -5.9% |
| India | N/A | N/A | N/A | 1.6 | 0% |
| Australia | 0.3 | N/A | N/A | 1.3 | 63.0% |
| Vietnam | N/A | N/A | N/A | 0.9 | 0% |
| Indonesia | 0.4 | N/A | N/A | 0.7 | 20.5% |
| United States | 0.8 | 1.1 | 0.6 | 0.5 | -14.5% |
| Spain | 0.8 | 0.3 | 0.6 | 0.2 | -37.0% |
| Italy | 0.6 | 0.2 | N/A | N/A | -66.7% |
| Others | 0.4 | 0.2 | 0.1 | 0.7 | 20.5% |
| Total | 7.8 | 9.8 | 9.9 | 21.6 | 40.4% |
Top Suppliers of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates to Turkey in 2022:
- South Africa (2853.8 tons)
- Senegal (2026.6 tons)
- Ukraine (688.0 tons)
- Russia (538.0 tons)
- Australia (535.6 tons)
- India (500.0 tons)
- Vietnam (289.4 tons)
- Indonesia (225.0 tons)
- United States (149.0 tons)
- Spain (90.7 tons)
- Italy (2.5 tons)
Exports of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas shipments of niobium, tantalum, vanadium or zirconium ores and concentrateses, which increased by 470% to 890 tons in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 2,639%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of niobium, tantalum, vanadium or zirconium ores and concentrateses soared to $5.4M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 1,731% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | N/A | N/A | 2,324 | 0% |
| Russia | N/A | N/A | 166 | 1,793 | 980.1% |
| United States | N/A | N/A | N/A | 1,031 | 0% |
| Hungary | N/A | N/A | N/A | 146 | 0% |
| Uzbekistan | N/A | 34.4 | 179 | 45.0 | 14.4% |
| China | N/A | 75.1 | 4.6 | N/A | -93.9% |
| Others | 8.8 | 51.6 | 9.8 | 18.5 | 28.1% |
| Total | 8.8 | 161 | 359 | 5,357 | 747.5% |
Top Export Markets for Niobium, Tantalum, Vanadium or Zirconium Ores and Concentrates from Turkey in 2022:
- Czech Republic (378.0 tons)
- Russia (291.7 tons)
- United States (160.0 tons)
- Hungary (44.0 tons)
- Uzbekistan (11.3 tons)
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This report provides an in-depth analysis of the market for zirconium ore and concentrate in Turkey.
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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 Turkey.
1354
This report provides an in-depth analysis of the global market for zirconium ore and concentrate.
318
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.
784
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.
318
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.
784
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.
