Price for Tantalum; Articles Thereof, Including Waste and Scrap in Australia - 2024
Contents:
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in Australia (CIF) - 2024
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in Australia (FOB) - 2022
- Imports of Tantalum; Articles Thereof, Including Waste and Scrap in Australia
- Exports of Tantalum; Articles Thereof, Including Waste and Scrap in Australia
Price for Tantalum; Articles Thereof, Including Waste and Scrap in Australia (CIF) - 2024
The average import price for tantalum; articles thereof, including waste and scrap stood at $311K per ton in March 2024, waning by -3.1% against the previous month. In general, the import price recorded a deep reduction. The most prominent rate of growth was recorded in December 2023 when the average import price increased by 861% m-o-m. As a result, import price attained the peak level of $3.8M per ton. From January 2024 to March 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was China ($960K per ton), while the price for the UK stood at $309K per ton.
From May 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tantalum; Articles Thereof, Including Waste and Scrap in Australia (FOB) - 2022
The average export price for tantalum; articles thereof, including waste and scrap stood at $16,661 per ton in 2022, with a decrease of -35.6% against the previous year. Overall, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 251%. The export price peaked at $1,175,814 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($18,217 per ton), while the average price for exports to Egypt ($13,159 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+30.8%), while the prices for the other major destinations experienced a decline.
Imports of Tantalum; Articles Thereof, Including Waste and Scrap in Australia
In 2022, the amount of tantalum; articles thereof, including waste and scrap imported into Australia was estimated at 21 tons, with an increase of 14% against the previous year. Over the period under review, imports, however, showed a pronounced reduction.
In value terms, imports of tantalum; articles thereof, including waste and scrap skyrocketed to $6.5M in 2022. Overall, imports, however, saw a deep setback.
| Import of Tantalum; Articles Thereof, Including Waste and Scrap in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.0 | 4.5 | 3.7 | 5.4 | 2.6% |
| China | 0.1 | 0.1 | 0.2 | 0.8 | 100.0% |
| United States | 2.1 | 0.3 | 0.8 | 0.1 | -63.8% |
| Hong Kong SAR | 0.4 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Total | 7.8 | 5.1 | 4.7 | 6.5 | -5.9% |
Top Suppliers of Tantalum; Articles Thereof, Including Waste and Scrap to Australia in 2022:
- United Kingdom (17.5 tons)
- China (2.9 tons)
- United States (0.1 tons)
Exports of Tantalum; Articles Thereof, Including Waste and Scrap in Australia
In 2022, after two years of growth, there was significant decline in overseas shipments of tantalum; articles thereof, including waste and scrap, when their volume decreased by -67.7% to 819 kg. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 140%. As a result, the exports reached the peak of 2.5 tons, and then fell dramatically in the following year.
In value terms, exports of tantalum; articles thereof, including waste and scrap reduced dramatically to $14K in 2022. Over the period under review, exports faced a precipitous decrease. The smallest decline of -72.5% was in 2021.
| Export of Tantalum; Articles Thereof, Including Waste and Scrap in Australia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Turkey | N/A | N/A | 7.2 | 0% |
| Egypt | N/A | N/A | 3.3 | 0% |
| Malaysia | N/A | 3.4 | 3.1 | -8.8% |
| Fiji | N/A | 9.4 | N/A | 0% |
| United States | 239 | N/A | N/A | 0% |
| Others | N/A | 52.9 | N/A | 0% |
| Total | 239 | 65.7 | 13.6 | -76.1% |
Top Export Markets for Tantalum; Articles Thereof, Including Waste and Scrap from Australia in 2022:
- Turkey (396.0 kg)
- Egypt (251.0 kg)
- Malaysia (172.0 kg)
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