Key Market Indicators
Malaysian imports of vanadium plunged 44.5% in 2021, with 3,550 kgs compared to 6,390 kgs the previous year. This marks a 35.1% decline since 1994. Australia overtook Malaysia as the 28th biggest importer, with 3,550 kgs. South Korea, the United States and India took the next three spots in the rankings.
