Key Market Indicators
Italian exports of vanadium are predicted to reach 10,500 kilograms in 2026, a 4% decrease from the 13,340 kilograms exported in 2021. Since 1999, Italian vanadium shipments have dropped 5.6% each year on average. In 2021, Italy was the 14th largest exporter of vanadium, with Spain coming in at number 13. Russia, China and South Africa were the top three exporters in the ranking. Italian imports of vanadium are set to reach 224,680 kilograms in 2026, an increase of 1.6% annually since 2021. In 2021, Italy imported 204,690 kilograms of vanadium, making it the 11th largest importer. South Africa was slightly ahead, coming in at number 10. South Korea, the United States and India were the top three importers in the ranking.
