Price for Tantalum; Articles Thereof, Including Waste and Scrap in Ethiopia - 2022
Contents:
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in Ethiopia (FOB) - 2022
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in Ethiopia (CIF) - 2022
- Exports of Tantalum; Articles Thereof, Including Waste and Scrap in Ethiopia
- Imports of Tantalum; Articles Thereof, Including Waste and Scrap in Ethiopia
Price for Tantalum; Articles Thereof, Including Waste and Scrap in Ethiopia (FOB) - 2022
In 2022, the average export price for tantalum; articles thereof, including waste and scrap amounted to $160,703 per ton, which is down by -13% against the previous year. In general, the export price showed a abrupt setback. The growth pace was the most rapid in 2015 when the average export price decreased by -3.6% against the previous year. The export price peaked at $340,742 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($211,725 per ton), while the average price for exports to China ($128,766 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 Hong Kong SAR (+4.3%), while the prices for the other major destinations experienced a decline.
Price for Tantalum; Articles Thereof, Including Waste and Scrap in Ethiopia (CIF) - 2022
The average import price for tantalum; articles thereof, including waste and scrap stood at $31,000 per ton in 2022, surging by 7.6% against the previous year. Overall, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 1,071%. As a result, import price attained the peak level of $295,400 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +5.6% per year.
Exports of Tantalum; Articles Thereof, Including Waste and Scrap in Ethiopia
For the third consecutive year, Ethiopia recorded decline in shipments abroad of tantalum; articles thereof, including waste and scrap, which decreased by -10.1% to 1.1 tons in 2022. Overall, exports faced a sharp descent.
In value terms, exports of tantalum; articles thereof, including waste and scrap contracted rapidly to $183K in 2022. Over the period under review, exports showed a sharp shrinkage. The smallest decline of -17.9% was in 2021.
| Export of Tantalum; Articles Thereof, Including Waste and Scrap in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 411 | 187 | 7.5 | 90.0 | -39.7% |
| China | 259 | 98.7 | 9.2 | 88.1 | -30.2% |
| United Arab Emirates | N/A | N/A | 128 | 5.2 | -95.9% |
| Singapore | N/A | N/A | 80.8 | N/A | 0% |
| Others | 0.1 | 0.1 | 8.9 | 0.1 | 0.0% |
| Total | 670 | 285 | 234 | 183 | -35.1% |
Top Export Markets for Tantalum; Articles Thereof, Including Waste and Scrap from Ethiopia in 2022:
- China (684.0 kg)
- Hong Kong SAR (425.0 kg)
- United Arab Emirates (30.0 kg)
Imports of Tantalum; Articles Thereof, Including Waste and Scrap in Ethiopia
In 2022, the amount of tantalum; articles thereof, including waste and scrap imported into Ethiopia reduced sharply to 3 kg, dropping by -81.2% on the previous year's figure. Overall, imports faced a precipitous contraction. The smallest decline of -54.3% was in 2021.
In value terms, imports of tantalum; articles thereof, including waste and scrap shrank rapidly to $93 in 2022. Over the period under review, imports saw a sharp curtailment. The smallest decline of -55% was in 2021.
| Import of Tantalum; Articles Thereof, Including Waste and Scrap in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,276 | 1,024 | 461 | 93.0 | -65.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,276 | 1,024 | 461 | 93.0 | -65.6% |
Top Suppliers of Tantalum; Articles Thereof, Including Waste and Scrap to Ethiopia in 2022:
- China (3.0 kg)
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