Key Market Indicators
Chile's vanadium imports are set to reach 8.06 kilos by 2026. This represents an average yearly growth of 3.6% since 2021, when the country imported 6.5 kilos of the metal. Since 1997, Chile's demand for vanadium has grown by an impressive 40.7% on an annual basis. In 2021, the country ranked 54th in the world for vanadium imports, slightly behind Finland's 6.5 kilos. South Korea, the United States and India were the top three importers that year.