Key Market Indicators
New Zealand is set to see an average 2.6% year-on-year growth in imports of vanadium over the next five years. In 2021, New Zealand imported 537,330 kilograms of vanadium - up from 461,380 kilograms in 2021, and 3% since 1994. France is the leading importer of vanadium, with 461,380 kilograms, followed by South Korea, the United States and India in second, third and fourth place respectively.