Key Market Indicators
Brazil's Vanadium import is predicted to reach around 355,000 kilograms by 2026, up 0.5% year-on-year. In 2021 the country was in 9th place with 343,000 kilograms, overtaken by New Zealand. The United States, South Korea and India took the next three places. Brazil's Vanadium export is set to reach nearly 15 million kilograms by 2026, up 4.3% on average year-on-year. Since 1997, Brazilian supply has risen 7.4% annually. Russia, China and South Africa made up the next three places in the ranking.