Vanadium Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition
Vanadium Price Trend, Index and Forecast
Track the latest insights on vanadium price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.
Vanadium Prices Outlook Q3 2025
- USA: USD 9766/MT
- China: USD 8491/MT
- India: USD 12758/MT
- Canada: USD 11469/MT
- Netherlands: USD 13101/MT
Vanadium Price Chart
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During the third quarter of 2025, the vanadium prices in the USA reached 9766 USD/MT in September. Prices increased as firm consumption from the alloy, aerospace, and energy-storage sectors supported higher procurement activity. Some tightening emerged due to fluctuations in upstream mining output and intermittent delays in converter operations. Rising operational expenses for processing and upgrading vanadium feedstock added to an overall upward pricing environment.
During the third quarter of 2025, the vanadium prices in China reached 8491 USD/MT in September. Prices declined as downstream steel and chemical users moderated production, reducing immediate raw material demand. Supply remained ample, supported by continuous plant operation and predictable feedstock availability. Improved logistics helped stabilize internal distribution, promoting a softer sentiment and encouraging buyers to delay purchases.
During the third quarter of 2025, the vanadium prices in India reached 12758 USD/MT in September. Values eased slightly as demand from specialty alloys, tool steel, and catalyst applications stabilized at moderate levels. Domestic supply was adequate, helped by consistent conversion activity and steady ore availability. Lower freight-related constraints and smoother import movement also contributed to a restrained pricing atmosphere.
During the third quarter of 2025, the vanadium prices in Canada reached 11469 USD/MT in September. Prices increased as demand from advanced alloy manufacturing and industrial steel applications strengthened. Supply tightened at intervals due to variations in mining yields and processing throughput. Enhanced export interest and costlier feedstock-handling operations further encouraged upward adjustments by suppliers during this quarter.
During the third quarter of 2025, the vanadium prices in the Netherlands reached 13101 USD/MT in September. Prices declined as buying momentum softened within the steel, catalyst, and chemical-processing segments. Sufficient access to imported vanadium ensured stable availability across major European trading hubs. Improved maritime and inland logistics also eased pressures, reinforcing the gentle downward direction in quotations.
Vanadium Prices Outlook Q2 2025
- USA: USD 9584/MT
- China: USD 8655/MT
- India: USD 12874/MT
- Canada: USD 11200/MT
- Netherlands: USD 13355/MT
During the second quarter of 2025, the vanadium prices in the USA reached 9584 USD/MT in June. As per the vanadium price chart, prices in the United States experienced upward pressure, influenced by a combination of domestic demand, global supply constraints, and shifts in energy storage technologies. The growing adoption of vanadium redox flow batteries (VRFBs) for large-scale energy storage applications contributed to increased demand for high-purity vanadium.
During the second quarter of 2025, the vanadium prices in China reached 8655 USD/MT in June. The demand for vanadium remained strong, particularly due to its increased use in high-strength steel production (rebar standards) and the growing adoption of VRFBs for energy storage. This consistent demand helped support prices, especially as China’s steel sector continued to implement more stringent requirements for rebar strength.
During the second quarter of 2025, vanadium prices in India reached 12874 USD/MT in June. India's steel industry remained a significant consumer of vanadium, primarily used as an alloying agent to enhance strength and durability. The country's commitment to infrastructure development and urbanization sustained the demand for high-strength steel products, thereby supporting the need for vanadium.
During the second quarter of 2025, the vanadium prices in Canada reached 11200 USD/MT in June. Canada's vanadium prices were influenced by a combination of reduced domestic production and increasing demand from the steel and energy storage sectors, setting the stage for a tighter market and potential price hikes.
During the second quarter of 2025, the vanadium prices in the Netherlands reached 13355 USD/MT in June. Vanadium prices were influenced by the growing adoption of VRFBs for energy storage, particularly in renewable energy applications. This demand was increased by Europe's shift to sustainable energy sources, which changed the dynamics of the market. Additionally, fluctuating energy prices affected production costs for vanadium processing, contributing to price volatility.
Vanadium Prices Outlook Q1 2025
- USA: US$ 9341/MT
- China: US$ 8978/MT
- India: US$ 13030/MT
- Europe: US$ 11930/MT
During the first quarter of 2025, the vanadium prices in the USA reached 9341 USD/MT (Vanadium Pentoxide) in March. Mining issues, trade policies, and environmental regulations impacted vanadium production and supply, further contributing to price volatility. Besides, the adoption of vanadium redox flow batteries (VRFBs) for large-scale energy storage solutions contributed to increased demand.
During the first quarter of 2025, the vanadium prices in China reached 8978 USD/MT (Vanadium Pentoxide) in March. As evident by the vanadium price chart, changes in Chinese rebar standards influenced prices as it requires steel manufacturers to use more vanadium to meet quality requirements. This additional demand for vanadium contributed to overall pricing trend.
During the first quarter of 2025, the vanadium prices in India reached 13030 USD/MT (Vanadium Pentoxide) in March. The overall market in India seemed to be in a state of equilibrium, with neither significant demand nor supply shocks causing prices to go up or down drastically. Demand for ferro vanadium from steel mills was reportedly weak, leading to limited buying activity and suppressing price trend.
During the first quarter of 2025, the vanadium prices in Europe reached 11930 USD/MT (Vanadium Pentoxide) in March. The growing adoption of vanadium redox flow batteries (VRFBs) for energy storage, especially in renewable energy applications, increased demand for high-purity vanadium. Europe's transition towards sustainable energy sources amplified this demand, influencing market dynamics.
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Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the vanadium prices.
Europe Vanadium Price Trend
Q3 2025:
As per the vanadium price index, European prices softened as steel mills across Germany, France, and the Benelux region reduced vanadium-intensive steel grades due to slower infrastructure activity and weaker fabrication orders. The Netherlands’ declining prices heavily influenced regional sentiment because of its role as a major European import hub, where rising inventories pressured suppliers to adjust quotations downward. Increased arrivals from South African and Brazilian producers bolstered supply more quickly than anticipated. With limited pull from alloy and catalyst manufacturers, distributors deliberately lowered stock positions, contributing to a steadily easing pricing environment across northern and western Europe.
Q2 2025:
Prices in Europe experienced moderate fluctuations, influenced by a combination of supply constraints, evolving demand dynamics, and geopolitical factors. European vanadium prices witnessed a gradual increase, supported by rising demand for VRFBs in renewable energy storage applications. This demand was amplified by Europe's shift toward sustainable energy sources, which altered market dynamics. Besides, the geopolitical landscape had a direct effect on the international vanadium market, impacting raw material supply and supply channels.
Q1 2025:
As per the vanadium price index, demand for high-purity vanadium has surged due to the rising use of vanadium redox flow batteries (VRFBs) for energy storage, particularly in renewable energy applications. This demand was increased by Europe's shift to sustainable energy sources, which changed the dynamics of the market. Besides, Europe's stringent environmental regulations and the push for sustainable materials influenced vanadium production processes and costs. Additionally, fluctuating energy prices in Europe affected production costs for vanadium processing, contributing to price volatility.
Detailed price information for vanadium can also be provided for an extensive list of European countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Vanadium Price Trend
Q3 2025:
As per the vanadium price index, North American prices moved upward, led by gains in both the USA and Canada. Demand strengthened in the aerospace manufacturing corridors of Washington, Ohio, and Quebec, where vanadium-bearing superalloys posted increased offtake. Canadian mining operations faced intermittent production variability stemming from localized labor constraints, limiting the volume of material entering the regional supply chain. The U.S. renewable storage sector, especially vanadium redox flow battery pilot installations, lifted interest in high-purity material. Freight stabilization along the U.S.–Canada border helped maintain predictable deliveries, yet rising operational costs at converter facilities across the Midwest contributed to broad upward momentum.
Q2 2025:
North America's vanadium production remained limited. This reliance on secondary sources, such as spent catalysts and slag from steel production, contributed to supply constraints. The steel industry continued to be the dominant consumer of vanadium in North America, utilizing it as an alloying agent to enhance the strength and durability of steel products. Geopolitical uncertainties, including trade tensions and sanctions, also impacted the vanadium market. These factors led to price volatility as market participants adjusted to shifting supply and demand dynamics. Despite these challenges, the strategic importance of vanadium in critical industries, such as defense and energy storage, underscored its value in the North American market.
Q1 2025:
The rising tensions between the US and China created uncertainty and volatility market. These tensions disrupted supply chains, led to price fluctuations, and prompted policymakers to focus on diversifying and securing alternative supply sources. Besides, changes in trade policies, such as tariffs or trade restrictions, disrupted supply chains and affected prices.
Specific vanadium historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Vanadium Price Trend
Q3 2025:
As per vanadium price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences.
Q2 2025:
The report explores the vanadium pricing trends and vanadium price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
Region-wise data and information on specific countries within these regions can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Vanadium Price Trend
Q3 2025:
Asia Pacific vanadium prices declined broadly, driven primarily by China, where subdued steelmaking activity and constrained demand for micro-alloyed rebar sharply influenced regional sentiment. Major Chinese provinces such as Hebei and Jiangsu reduced vanadium-bearing steel production amid weak construction starts, causing local suppliers to release additional volumes into the Asia Pacific market. Southeast Asian buyers in Indonesia and Vietnam also trimmed vanadium usage as they shifted temporarily toward alternative alloying strategies to control costs in their long steel sectors. With supply remaining abundant and feedstock flows uninterrupted in China, Australia, and emerging Asian processors, downward regional pressure intensified.
Q2 2025:
China, the dominant global producer of vanadium, faced fluctuations in output during Q2 2025. Besides, China's implementation of stricter rebar standards necessitated higher vanadium content in steel production, thereby increasing consumption. Moreover, the adoption of VRFBs for large-scale energy storage solutions gained momentum, particularly in renewable energy sectors, as these batteries' long-duration storage capabilities made them suitable for grid-scale applications, driving demand for high-purity vanadium.
Q1 2025:
China's government actively promoted vanadium redox flow batteries (VRFBs) as a key technology for energy storage, particularly for grid-scale applications. Besides, Chinese rebar standards have been modified, requiring higher vanadium content in steel. This change in standards increases the demand for vanadium in the steel industry, further contributing to the overall demand surge. Trade policies and import-export tariffs in the Asia Pacific region also impacted the cost and availability of vanadium, adding another layer of complexity to price trends.
This vanadium price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | 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. |
Latin America Vanadium Price Trend
Q3 2025:
Latin America's vanadium market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in vanadium prices.
Q2 2025:
Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting Latin America’s ability to meet international demand consistently. Moreover, the vanadium price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing vanadium pricing trends in this region.
This comprehensive review can be extended to include specific countries within Latin America.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Vanadium Pricing Report, Market Analysis, and News
IMARC's latest publication, “Vanadium Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the vanadium market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of vanadium at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed vanadium prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting vanadium pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Vanadium Industry Analysis
The global vanadium industry size reached 106.14 Thousand Tons in 2025. By 2034, IMARC Group expects the market to reach 136.06 Thousand Tons, at a projected CAGR of 2.80% during 2026-2034. Market expansion is driven by increasing applications in high-strength steel, aerospace alloys, catalysts, and emerging energy-storage technologies, supported by ongoing industrialization and advances in metallurgical processes.
Latest News and Developments:
- July 2025: VFlowTech announced a strategic partnership with IIT Delhi to extract vanadium from refinery waste (petcoke cinder), aiming to produce battery-grade vanadium pentoxide (V₂O₅). This is part of a push to build a “circular vanadium ecosystem” in India, supporting long-duration battery technology and domestic supply self-reliance.
Product Description
Vanadium is a transition metal known for its impressive strength and resistance to corrosion. It occurs naturally in about 65 different minerals and fossil fuel deposits. It is available in various types, including vanadium pentoxide (V₂O₅), vanadium trioxide (V₂O₃), and ferrovanadium. This metal exhibits unique properties, such as high melting point, excellent corrosion resistance, and the ability to form stable compounds. It finds applications in steel alloys, aerospace engineering, manufacturing tools and machinery, nuclear reactors, batteries, pigments, glass coatings, and ceramics.
This metal aids in enhancing the mechanical properties of steel, extending the lifespan of tools and machinery, improving the efficiency of batteries, and reducing environmental impacts through cleaner energy storage. Moreover, it is lauded for its durability, energy efficiency, cost-effectiveness, versatility in applications, and contributions to sustainable technologies.
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Vanadium |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Vanadium Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
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| Customization Scope | The report can be customized as per the requirements of the customer |
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| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of vanadium pricing, covering global and regional trends, spot prices at key ports, and a breakdown of ex-works, FOB, and CIF prices.
- The study examines factors affecting vanadium price trend, including supply-demand shifts and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The vanadium price charts ensure our clients remain at the forefront of the industry.
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