Key Market Indicators
Pakistani vanadium imports are expected to drop to 6,830 kilograms by 2026. This is a decrease of 7.9% compared to 2021's 10,970 kilograms. Over the past thirteen years, demand has increased by an average of 27.6% year on year. In 2021, Pakistan was ranked 20th in the world for its vanadium imports, with Spain topping the list at 10,970 kilograms. South Korea, the United States and India were the next three largest import markets.
