Import origins by country since 2010
Where US imports come from each month, by country and grade.
Vanadium Price per kg (United States)
On the US Critical Minerals List and the EU Critical Raw Materials Act list.
Price per kg contained
$23.90
- 1M
- −9.7%
- 6M
- −8.4%
- 1Y
- +13.5%
- 5Y
- −44.2%
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Vanadium price chart
The Stockatomics monthly US benchmark for vanadium, in US dollars per kg contained.
$23.90
- 1m
- −9.7%
- 6m
- −8.4%
- 1y
- +13.5%
- 5y
- −44.2%
18 October 2026
- Benchmark price
- $23.90
- Import volume
- Locked
- All-imports price
- Locked
- Premium-priced imports
- Locked
- China share of imports
- Locked
- China unit-value spread
- Locked
- Origin countries
- Locked
At a glance
Vanadium price key figures
- Price per kg contained
- $23.90
- 1-month change
- −9.7%
- 6-month change
- −8.4%
- 1-year change
- +13.5%
- 5-year change
- −44.2%
- 12-month high
- $26.48
- 12-month low
- $20.88
- Price month
- October 2026
- Price type
- Stockatomics monthly benchmark
- Last updated
- 18 October 2026
By month
Vanadium monthly prices
The vanadium benchmark for every month from January 2010 to October 2026, in US dollars per kg contained, newest first.
| Month | Price per kg contained | Change |
|---|---|---|
| $23.90 | 0.0% | |
| $23.90 | 0.0% | |
| $23.90 | −9.7% | |
| $26.48 | +3.5% | |
| $25.58 | +0.2% | |
| $25.52 | −0.2% | |
| $25.57 | −0.5% | |
| $25.71 | −1.4% | |
| $26.07 | +3.0% | |
| $25.30 | +5.0% | |
| $24.10 | +15.4% | |
| $20.88 | +6.5% | |
| $19.61 | −8.5% | |
| $21.43 | +1.8% | |
| $21.05 | −2.2% | |
| $21.52 | −11.4% | |
| $24.30 | −10.3% | |
| $27.09 | +5.9% | |
| $25.58 | +1.1% | |
| $25.30 | −20.4% | |
| $31.80 | +21.9% | |
| $26.09 | +8.3% | |
| $24.08 | −8.8% | |
| $26.39 | −8.3% | |
| $28.78 | −18.5% | |
| $35.33 | +21.7% | |
| $29.02 | +4.6% | |
| $27.75 | −17.5% | |
| $33.63 | +4.1% | |
| $32.30 | −2.7% | |
| $33.21 | +9.9% | |
| $30.22 | −6.3% | |
| $32.24 | +11.4% | |
| $28.95 | −13.1% | |
| $33.32 | +3.3% | |
| $32.27 | −9.3% | |
| $35.57 | −4.2% | |
| $37.14 | +3.3% | |
| $35.95 | −12.8% | |
| $41.22 | −8.3% | |
| $44.95 | −1.6% | |
| $45.69 | −5.6% | |
| $48.38 | −1.3% | |
| $49.01 | −2.8% | |
| $50.44 | +24.7% | |
| $40.45 | +10.8% | |
| $36.52 | −3.0% | |
| $37.64 | +7.0% | |
| $35.17 | −18.2% | |
| $42.98 | −13.5% | |
| $49.67 | −7.9% | |
| $53.94 | +2.1% | |
| $52.84 | −28.6% | |
| $74.04 | +66.5% | |
| $44.47 | +18.6% | |
| $37.51 | +40.1% | |
| $26.77 | −9.5% | |
| $29.59 | −12.7% | |
| $33.91 | −14.0% | |
| $39.44 | −5.7% | |
| $41.81 | +14.8% | |
| $36.41 | −15.0% | |
| $42.85 | +9.6% | |
| $39.09 | +9.6% | |
| $35.67 | +6.6% | |
| $33.45 | +2.7% | |
| $32.57 | −21.9% | |
| $41.70 | +8.3% | |
| $38.50 | +66.8% | |
| $23.08 | +23.6% | |
| $18.68 | −34.5% | |
| $28.52 | +12.3% | |
| $25.40 | −3.1% | |
| $26.22 | +7.4% | |
| $24.42 | −20.0% | |
| $30.54 | +25.3% | |
| $24.37 | −15.8% | |
| $28.95 | +1.4% | |
| $28.55 | −2.3% | |
| $29.23 | +13.6% | |
| $25.74 | −7.5% | |
| $27.84 | −2.7% | |
| $28.60 | −33.0% | |
| $42.69 | −11.7% | |
| $48.35 | +45.4% | |
| $33.25 | −2.9% | |
| $34.24 | −1.1% | |
| $34.62 | −13.7% | |
| $40.13 | −31.9% | |
| $58.89 | +4.2% | |
| $56.52 | −18.1% | |
| $68.97 | −3.0% | |
| $71.10 | −17.1% | |
| $85.81 | −7.5% | |
| $92.74 | +7.6% | |
| $86.17 | +17.9% | |
| $73.11 | +18.5% | |
| $61.68 | −7.5% | |
| $66.66 | +6.2% | |
| $62.79 | −4.0% | |
| $65.42 | +10.6% | |
| $59.17 | +4.2% | |
| $56.79 | +11.2% | |
| $51.09 | +23.2% | |
| $41.46 | +24.9% | |
| $33.19 | +9.6% | |
| $30.29 | −11.4% | |
| $34.17 | −5.2% | |
| $36.03 | +17.7% | |
| $30.61 | +30.0% | |
| $23.55 | −1.4% | |
| $23.89 | +1.3% | |
| $23.59 | +0.7% | |
| $23.43 | +3.9% | |
| $22.56 | +9.0% | |
| $20.69 | −3.5% | |
| $21.43 | −3.2% | |
| $22.14 | +16.8% | |
| $18.96 | +10.2% | |
| $17.21 | +12.8% | |
| $15.26 | −2.3% | |
| $15.62 | +11.8% | |
| $13.97 | −13.7% | |
| $16.19 | +7.9% | |
| $15.00 | −13.6% | |
| $17.36 | +3.7% | |
| $16.74 | −0.3% | |
| $16.79 | +21.4% | |
| $13.83 | +6.1% | |
| $13.03 | +19.3% | |
| $10.92 | −11.7% | |
| $12.37 | −11.5% | |
| $13.98 | −9.6% | |
| $15.47 | −4.9% | |
| $16.26 | +8.8% | |
| $14.94 | +3.9% | |
| $14.38 | −11.1% | |
| $16.18 | −5.8% | |
| $17.17 | −9.9% | |
| $19.06 | −2.1% | |
| $19.47 | +1.2% | |
| $19.23 | +2.9% | |
| $18.69 | −3.1% | |
| $19.28 | +2.0% | |
| $18.90 | +11.6% | |
| $16.94 | −11.9% | |
| $19.22 | −2.2% | |
| $19.66 | +3.2% | |
| $19.05 | −17.1% | |
| $22.99 | +18.0% | |
| $19.48 | +1.9% | |
| $19.11 | −13.6% | |
| $22.13 | +12.3% | |
| $19.70 | −6.2% | |
| $21.01 | +5.8% | |
| $19.86 | +17.1% | |
| $16.96 | −16.7% | |
| $20.36 | +0.5% | |
| $20.25 | −5.4% | |
| $21.41 | −16.6% | |
| $25.66 | −4.2% | |
| $26.78 | +8.3% | |
| $24.72 | +4.6% | |
| $23.63 | +4.0% | |
| $22.72 | +21.0% | |
| $18.78 | +16.8% | |
| $16.08 | −25.6% | |
| $21.60 | 0.0% | |
| $21.60 | −5.4% | |
| $22.84 | −1.3% | |
| $23.13 | −1.7% | |
| $23.53 | +4.8% | |
| $22.45 | −7.8% | |
| $24.36 | −9.1% | |
| $26.79 | +25.1% | |
| $21.41 | −17.7% | |
| $26.03 | +3.8% | |
| $25.08 | +0.7% | |
| $24.90 | −8.4% | |
| $27.19 | +7.0% | |
| $25.42 | −0.3% | |
| $25.49 | −6.7% | |
| $27.31 | +3.6% | |
| $26.37 | −5.1% | |
| $27.80 | +10.3% | |
| $25.20 | +15.2% | |
| $21.87 | +1.2% | |
| $21.61 | +0.9% | |
| $21.42 | +10.1% | |
| $19.45 | −6.3% | |
| $20.75 | +6.2% | |
| $19.54 | −4.0% | |
| $20.35 | −2.7% | |
| $20.92 | −0.1% | |
| $20.94 | −14.2% | |
| $24.41 | +3.3% | |
| $23.62 | +5.6% | |
| $22.37 | +3.2% | |
| $21.68 | +14.5% | |
| $18.94 | −7.3% | |
| $20.44 | +2.2% | |
| $20.00 | - |
Summary
Vanadium price summary
The price is down 9.7% over the past month and +13.5% over the past year.
In the past year the monthly price has moved between $20.88 and $26.48.
Measured over longer windows, vanadium is +13.5% on the year and −44.2% over five years.
Uses
What vanadium is used for
Vanadium (V) is used mostly as ferrovanadium in steel, where small additions make rebar and structural steel stronger and lighter. It is also part of the titanium-aluminum-vanadium alloy that dominates aerospace titanium, and the active element in vanadium redox flow batteries for long-duration grid storage.
Other uses
- Vanadium pentoxide catalysts for sulphuric acid
- Catalysts that cut nitrogen oxides from power plants
- Tool steels
- Ceramics and pigments
Market
Vanadium supply and demand factors
Vanadium supply comes mostly from steel slag and co-production in China, Russia and South Africa, with a few primary mines elsewhere. Demand is dominated by steel, especially rebar, so Chinese construction and building standards set the tone. Vanadium flow batteries are a potential large new market, but adoption has been gradual.
What moves the price
- Chinese construction and steel standards
- Output from Chinese and Russian steel slag
- Flow battery adoption
- Aerospace titanium alloy demand
History
Vanadium price history
Vanadium prices spiked in 2018, when China raised its rebar strength standards, then collapsed as new supply arrived and demand normalised. Since then, prices have stayed well below that peak.
As of October 2026, the Stockatomics benchmark price is $23.90 per kg contained.
Production
Where vanadium is produced
China produces most of the world's vanadium, followed by Russia, South Africa and Brazil, much of it from steel slag and co-production.
Criticality
Why vanadium is a critical mineral
Vanadium is on the US critical minerals list and the EU critical raw materials list. High-strength steel, aerospace alloys and flow batteries depend on it, and supply is concentrated in China, Russia and South Africa.
Benchmark
How the vanadium benchmark price is calculated
Stockatomics publishes a monthly US benchmark price for vanadium in US dollars per kg contained, reading as of October 2026. The price is per kg of contained vanadium, not for a steel grade or for flow-battery electrolyte.
Converting the price
- Vanadium pentoxide is usually quoted per pound of V2O5, which contains about 56% vanadium: multiply the contained price per kg by about 0.254 for an equivalent price per pound of V2O5
Stocks
Vanadium stocks
Listed companies with vanadium in their business, and their role in it.
Stockatomics Terminal
More vanadium data in the Terminal
The Stockatomics Terminal has the full picture for vanadium, for subscribers.
Full price history with all import series
The benchmark beside the all-imports and premium-priced import prices, with volumes.
Supply scores and constraints
Supply concentration, elasticity and the constraints behind them.
Companies and production exposure
Which listed companies produce it, and how much of their value depends on it.
FAQ
Vanadium price FAQ
What is the price of vanadium per kg today?
As of October 2026, the US benchmark price of vanadium is $23.90 per kg contained. Stockatomics updates it every month.
What is vanadium used for?
Strengthening steel, especially rebar, aerospace titanium alloys and vanadium redox flow batteries for grid storage.
Who produces vanadium?
China, Russia, South Africa and Brazil, much of it from steel slag.
What are vanadium flow batteries?
Batteries that store energy in tanks of vanadium electrolyte, suited to storing power for many hours on electricity grids.
How is the vanadium benchmark price calculated?
The Stockatomics benchmark for vanadium is a monthly US price in US dollars per kg contained, published every month and current as of October 2026. How the benchmark is calculated.
Sources
Sources
- U.S. trade data: the monthly vanadium price.
- U.S. Geological Survey (USGS): the US critical minerals list.
- Company filings: the listed companies and their roles.