Key Market Indicators
Swiss vanadium import and export are both expected to rise by 2026. Import of vanadium to Switzerland is predicted to decline 4.6% year on year, from 597.6 kilograms in 2021 to 428.19 kilograms in 2026. Since 1993, import has decreased 38.9% year on year. Switzerland ranked 40th in 2021, with Belarus overtaking it at 597.6 kilograms. South Korea, the United States, and India took the top three spots in the ranking. Meanwhile, Swiss vanadium export is projected to increase 2.2% year on year, from 559.75 kilograms in 2021 to 617.78 kilograms in 2026. Since 1993, export has risen 58.5% year on year. Switzerland ranked 19th in 2021, with France leading the way at 559.75 kilograms. Russia, China, and South Africa took the top three spots in the ranking.
