Price for Tantalum; Articles Thereof, Including Waste and Scrap in Germany - 2024
Contents:
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in Germany (FOB) - 2022
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in Germany (CIF) - 2022
- Exports of Tantalum; Articles Thereof, Including Waste and Scrap in Germany
- Imports of Tantalum; Articles Thereof, Including Waste and Scrap in Germany
Price for Tantalum; Articles Thereof, Including Waste and Scrap in Germany (FOB) - 2022
In 2022, the average export price for tantalum; articles thereof, including waste and scrap amounted to $391,279 per ton, falling by -3.8% against the previous year. Overall, the export price continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 30%. Over the period under review, the average export prices reached the maximum at $831,474 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,116,139 per ton), while the average price for exports to the UK ($189,158 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 China (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Tantalum; Articles Thereof, Including Waste and Scrap in Germany (CIF) - 2022
The average import price for tantalum; articles thereof, including waste and scrap stood at $307,310 per ton in 2022, surging by 20% against the previous year. Overall, the import price, however, recorded a mild contraction. The import price peaked at $353,925 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($423,764 per ton), while the price for Switzerland ($100,548 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tantalum; Articles Thereof, Including Waste and Scrap in Germany
For the fourth year in a row, Germany recorded growth in overseas shipments of tantalum; articles thereof, including waste and scrap, which increased by 17% to 326 tons in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,217% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of tantalum; articles thereof, including waste and scrap rose rapidly to $128M in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 501%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Tantalum; Articles Thereof, Including Waste and Scrap in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.0 | 54.2 | 84.6 | 95.6 | 188.0% |
| France | 4.9 | 6.5 | 7.1 | 7.5 | 15.2% |
| China | 0.2 | 4.2 | 3.4 | 4.6 | 184.4% |
| Japan | N/A | 4.6 | 3.7 | 4.1 | -5.6% |
| United Kingdom | 0.3 | 0.9 | 1.1 | 3.5 | 126.8% |
| Switzerland | 2.0 | 1.4 | 1.8 | 3.0 | 14.5% |
| Austria | 0.1 | 1.3 | 4.1 | 1.4 | 141.0% |
| Sweden | 0.1 | 0.7 | 1.9 | 1.2 | 128.9% |
| Others | 1.4 | 3.9 | 6.3 | 6.7 | 68.5% |
| Total | 12.9 | 77.5 | 114 | 128 | 114.9% |
Top Export Markets for Tantalum; Articles Thereof, Including Waste and Scrap from Germany in 2022:
- United States (262.1 tons)
- United Kingdom (18.5 tons)
- Switzerland (7.2 tons)
- Japan (7.2 tons)
- France (6.8 tons)
- Sweden (5.5 tons)
- China (5.1 tons)
- Austria (3.7 tons)
Imports of Tantalum; Articles Thereof, Including Waste and Scrap in Germany
In 2022, imports of tantalum; articles thereof, including waste and scrap into Germany surged to 293 tons, rising by 30% compared with the previous year's figure. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of tantalum; articles thereof, including waste and scrap surged to $90M in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tantalum; Articles Thereof, Including Waste and Scrap in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.8 | 10.9 | 20.1 | 45.7 | 61.7% |
| China | 6.6 | 4.8 | 9.2 | 11.8 | 21.4% |
| Austria | 7.9 | 3.7 | 5.1 | 5.7 | -10.3% |
| Japan | 3.9 | 2.3 | 4.2 | 3.7 | -1.7% |
| Latvia | N/A | N/A | 2.4 | 2.9 | 20.8% |
| Thailand | 2.6 | 1.5 | 1.3 | 2.8 | 2.5% |
| India | 0.5 | 0.2 | 0.9 | 2.2 | 63.9% |
| Poland | 0.4 | 0.6 | 1.0 | 2.0 | 71.0% |
| Estonia | 1.2 | 1.5 | 1.2 | 1.8 | 14.5% |
| South Korea | 1.2 | 1.0 | 1.5 | 1.4 | 5.3% |
| Kazakhstan | 0.6 | 1.1 | 3.5 | 1.1 | 22.4% |
| Switzerland | 0.7 | 0.3 | 0.6 | 0.9 | 8.7% |
| Mexico | 0.7 | 1.6 | N/A | N/A | 128.6% |
| Others | 5.3 | 7.6 | 6.5 | 7.9 | 14.2% |
| Total | 42.5 | 37.0 | 57.6 | 90.0 | 28.4% |
Top Suppliers of Tantalum; Articles Thereof, Including Waste and Scrap to Germany in 2022:
- United States (129.4 tons)
- China (28.0 tons)
- Japan (22.7 tons)
- Austria (21.2 tons)
- Thailand (19.5 tons)
- Latvia (10.2 tons)
- India (9.8 tons)
- Switzerland (8.8 tons)
- Poland (7.3 tons)
- South Korea (6.8 tons)
- Estonia (4.9 tons)
- Kazakhstan (2.7 tons)
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