Key Market Indicators
Imports of vanadium into the Netherlands dropped by 28.3% in 2021, reaching 81,460 kilograms. This is a 33.7% decrease since 1997. Belgium overtook the Netherlands to rank 13th in the world. South Korea, the United States and India respectively were ranked 2nd, 3rd and 4th. Exports of vanadium from the Netherlands, however, are set to reach 128,510 kilograms by 2026. This is a 4.1% decrease from 2021, with a 14.3% decrease since 1997. Thailand came ahead of the Netherlands to rank 8th in the world. Russia, China and South Africa respectively were ranked 2nd, 3rd and 4th.