Key Market Indicators
Portuguese imports of vanadium dropped 15.9% year-on-year to 118 kilograms in 2021, down from 140 kilograms in 2020. This marks a 25.2% decrease since 1993. Portugal ranks 44th in the world in terms of vanadium imports, with Botswana having overtaken it with 118 kilograms. South Korea, the United States and India rank second, third and fourth respectively.