Key Market Indicators
Lithuania's vanadium import is set to reach 15,000 kilograms by 2026, according to a new report. This number is an increase of 4.8% per year since 2021, when the nation imported 11,070 kilograms - a 515.8% increase on 2012 figures. Pakistan was the top importer in 2021, followed by the United States, South Korea and India. In 2018, Lithuania exported 7,830 kilograms of vanadium - a 44.9% decrease from 2017. The country came in 16th place, with Italy overtaking it with 7,830 kilograms. Russia, China and South Africa made up the top 3 exporters in 2018.
