Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Uganda - 2022
Contents:
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Uganda (FOB) - 2022
- Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Uganda (CIF) - 2022
- Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Uganda
- Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Uganda
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Uganda (FOB) - 2022
In 2022, the average export price for niobium, tantalum, vanadium ores and concentrateses amounted to $20,000 per ton, dropping by -49.2% against the previous year. In general, the export price, however, posted a pronounced increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 90%. The export price peaked at $56,433 per ton in 2015; however, from 2016 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 China ($409,500 per ton), while the average price for exports to the United Arab Emirates amounted to $18,335 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+24.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Niobium, Tantalum, Vanadium Ores and Concentrates in Uganda (CIF) - 2022
The average import price for niobium, tantalum, vanadium ores and concentrateses stood at $8,729 per ton in 2022, falling by -9.5% against the previous year. Over the period under review, the import price, however, enjoyed a prominent increase. The growth pace was the most rapid in 2013 when the average import price increased by 92% against the previous year. The import price peaked at $15,873 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +13.1% per year.
Exports of Niobium, Tantalum, Vanadium Ores and Concentrates in Uganda
Exports of niobium, tantalum, vanadium ores and concentrateses from Uganda shrank rapidly to 470 kg in 2022, with a decrease of -98.4% against 2021. Overall, exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2021 when exports increased by 2,962%. As a result, the exports attained the peak of 30 tons, and then reduced markedly in the following year.
In value terms, exports of niobium, tantalum, vanadium ores and concentrateses fell significantly to $9.4K in 2022. In general, exports recorded a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 5,129%. As a result, the exports attained the peak of $1.2M, and then dropped significantly in the following year.
| Export of Niobium, Tantalum, Vanadium Ores and Concentrates in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 56.5 | 18.3 | 933 | 8.6 | -46.6% |
| China | 75.4 | 4.2 | 242 | 0.8 | -78.0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 132 | 22.5 | 1,175 | 9.4 | -58.6% |
Top Export Markets for Niobium, Tantalum, Vanadium Ores and Concentrates from Uganda in 2022:
- United Arab Emirates (468.0 kg)
- China (2.0 kg)
Imports of Niobium, Tantalum, Vanadium Ores and Concentrates in Uganda
In 2022, imports of niobium, tantalum, vanadium ores and concentrateses into Uganda rose rapidly to 646 kg, growing by 6.6% against 2021. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of niobium, tantalum, vanadium ores and concentrateses dropped modestly to $5.6K in 2022. Over the period under review, imports, however, showed a perceptible curtailment. The smallest decline of -3.5% was in 2020.
| Import of Niobium, Tantalum, Vanadium Ores and Concentrates in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 6.3 | 6.1 | 5.8 | 5.6 | -3.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.3 | 6.1 | 5.8 | 5.6 | -3.9% |
Top Suppliers of Niobium, Tantalum, Vanadium Ores and Concentrates to Uganda in 2022:
- Democratic Republic of the Congo (646.0 kg)
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