Key Market Indicators
Australia was the 17th largest exporter in 2021, and the country ranked above Malaysia, which came in at 8th place with 100 Kilograms. The United States, China and India respectively occupied positions 2, 3 and 4. Australia's import and export of vanadium are set to drop significantly by 2026. Imports are expected to fall 17.8% on average year on year, from 7,170 kg in 2021 to 2,410 kg. This is down 11.1% since 1993. Thailand overtook Australia as the largest importer, while South Korea, the US and India ranked 2nd, 3rd and 4th. Exports of vanadium from Australia are also expected to decline, from 480 kg in 2016 to 100 kg in 2021, a decrease of 79.2%. Australia was the 17th largest exporter in 2021, above Malaysia in 8th place with 100 kg. The US, China and India occupied positions 2, 3 and 4 respectively.