Key Market Indicators
Moroccan demand for vanadium will hit 24.91 kilograms by 2026, up from 20.38 kilograms in 2021, growing at a rate of 3.4% a year. Since 2010, Moroccan vanadium import has increased at a year-on-year rate of 59.1%. Morocco ranked 47th in vanadium import in 2021, with Singapore overtaking it with 20.38 kilograms. South Korea, the United States and India followed behind, taking the 2nd, 3rd and 4th spots respectively.