Price for Tantalum; Articles Thereof, Including Waste and Scrap in Hungary - 2024

Contents:

  1. Price for Tantalum; Articles Thereof, Including Waste and Scrap in Hungary (FOB) - 2022
  2. Price for Tantalum; Articles Thereof, Including Waste and Scrap in Hungary (CIF) - 2022
  3. Exports of Tantalum; Articles Thereof, Including Waste and Scrap in Hungary
  4. Imports of Tantalum; Articles Thereof, Including Waste and Scrap in Hungary

Price for Tantalum; Articles Thereof, Including Waste and Scrap in Hungary (FOB) - 2022

In 2022, the average export price for tantalum; articles thereof, including waste and scrap amounted to $1,142,843 per ton, almost unchanged from the previous year. In general, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 1,064%. As a result, the export price reached the peak level of $3,637,330 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,840,936 per ton), while the average price for exports to Slovakia ($510,900 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 Brazil (+117.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Tantalum; Articles Thereof, Including Waste and Scrap in Hungary (CIF) - 2022

The average import price for tantalum; articles thereof, including waste and scrap stood at $497,257 per ton in 2022, which is down by -65.6% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 47% against the previous year. The import price peaked at $1,591,137 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,631,826 per ton), while the price for Bulgaria ($1,078 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tantalum; Articles Thereof, Including Waste and Scrap in Hungary

In 2022, after three years of growth, there was decline in shipments abroad of tantalum; articles thereof, including waste and scrap, when their volume decreased by -0.1% to 668 kg. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.6% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 44% against the previous year.

In value terms, exports of tantalum; articles thereof, including waste and scrap stood at $763K in 2022. The total export value increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 16% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Tantalum; Articles Thereof, Including Waste and Scrap in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1451812201736.1%
Poland10215414415915.9%
Germany10313813415815.3%
France83.910612814419.7%
Spain64.842.661.175.55.2%
United Kingdom49.231.446.544.1-3.6%
SlovakiaN/AN/A9.110.212.1%
Others43.25.119.0N/A-33.7%
Total5926577617638.8%

Top Export Markets for Tantalum; Articles Thereof, Including Waste and Scrap from Hungary in 2022:

  1. Italy (133.0 kg)
  2. Poland (133.0 kg)
  3. Germany (130.0 kg)
  4. Spain (123.0 kg)
  5. France (78.0 kg)
  6. United Kingdom (51.0 kg)
  7. Slovakia (20.0 kg)

Imports of Tantalum; Articles Thereof, Including Waste and Scrap in Hungary

In 2022, approx. 676 kg of tantalum; articles thereof, including waste and scrap were imported into Hungary; rising by 130% compared with the year before. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tantalum; articles thereof, including waste and scrap shrank rapidly to $336K in 2022. Overall, imports, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of $425K, and then declined rapidly in the following year.

Import of Tantalum; Articles Thereof, Including Waste and Scrap in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy70.811210179.43.9%
France55.741.278.059.92.5%
Germany17.967.257.437.728.2%
United KingdomN/A0.130.437.51836.5%
China34.777.677.822.0-14.1%
United States6.312.910.16.61.6%
BulgariaN/AN/AN/A0.40%
Austria15222.334.9N/A-52.1%
Others27.96.735.292.649.2%
Total366340425336-2.8%

Top Suppliers of Tantalum; Articles Thereof, Including Waste and Scrap to Hungary in 2022:

  1. Bulgaria (409.0 kg)
  2. Italy (97.0 kg)
  3. Germany (42.0 kg)
  4. France (39.0 kg)
  5. China (24.0 kg)
  6. United Kingdom (23.0 kg)
  7. United States (20.0 kg)

Source: IndexBox Market Intelligence Platform

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