North America Vanadium Prices Movement Q1:
Vanadium Prices in USA:
In Q2 2025, Vanadium Prices in the USA reached 9,584 USD/MT in June. Prices rose amid strong domestic demand, tight global supply, and rising adoption of vanadium redox flow batteries (VRFBs) for large-scale energy storage. Increased demand for high-purity vanadium further reinforced upward price momentum during the quarter.
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APAC Vanadium Prices Movement:
Vanadium Prices in China:
In Q2 2025, vanadium prices in China reached 8,655 USD/MT in June. Strong demand from high-strength steel production, driven by stricter rebar standards, alongside the rising adoption of vanadium redox flow batteries (VRFBs) for energy storage, supported market stability and sustained prices, reflecting consistent industrial and technological demand growth.
Vanadium Prices in India:
In Q2 2025, vanadium prices in India reached 12,874 USD/MT in June. Strong demand from the steel industry, where vanadium is used as an alloying agent for durability and strength, supported prices. Ongoing infrastructure projects and rapid urbanization further boosted the need for high-strength steel, sustaining robust vanadium consumption.
Regional Analysis: The price analysis can be extended to provide detailed Vanadium price information for the following list of countries.
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.
Vanadium Prices in Canada:
In Q2 2025, vanadium prices in Canada reached 11,200 USD/MT in June. Prices were driven by reduced domestic production and rising demand from both the steel and energy storage sectors. These factors tightened market conditions, creating upward pressure and setting the stage for potential price increases in the coming months.
Vanadium Prices in Netherlands:
In Q2 2025, vanadium prices in the Netherlands reached 13,355 USD/MT in June. Prices were supported by rising adoption of vanadium redox flow batteries (VRFBs) in renewable energy storage, driven by Europe’s transition to sustainable energy. Fluctuating energy costs further impacted production expenses, adding volatility and shaping overall market dynamics.
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We Also Provide News and Historical Data of Vanadium
- Historical Data: Comprehensive historical pricing and market trends.
- Quarterly Analysis: Detailed insights into price fluctuations and market dynamics.
- Regional and Global Data: Coverage of key markets and their performance.
- Forecast Comparisons: Historical data paired with future market projections.
- Customizable Reports: Tailored analysis to meet specific business needs.
Factors Affecting Vanadium Prices Q2 2025
Demand-Side Factors
- Steel Industry Demand: Continued adoption of high-strength steel (especially in construction and infrastructure) boosted vanadium consumption.
- Energy Storage Growth: Rising deployment of vanadium redox flow batteries (VRFBs) for renewable energy storage strengthened demand.
- Infrastructure Development: Ongoing urbanization and large-scale infrastructure projects in Asia and emerging markets supported vanadium usage.
Supply-Side Factors
- Global Supply Constraints: Reduced production in key producing regions created tighter supply conditions.
- Production Costs: Fluctuations in energy and raw material costs impacted vanadium processing expenses.
- Geopolitical and Trade Factors: Export policies, tariffs, and logistical challenges affected availability and pricing across regions.
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Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Price Analysis
- Spot Prices by Major Ports
- Price Breakup
- Price Trends by Region
- Factors influencing the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Vanadium Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2025 Edition,” presents a detailed analysis of Vanadium price trend, offering key insights into global Vanadium market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Vanadium demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
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IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.
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