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

Contents:

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

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

The average import price for tantalum; articles thereof, including waste and scrap stood at $467,417 per ton in 2022, increasing by 46% against the previous year. Over the period under review, the import price saw a strong expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 77%. The import price peaked at $528,518 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($1,808,905 per ton), while the price for China ($275,217 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tantalum; articles thereof, including waste and scrap stood at $143,457 per ton in 2022, reducing by -17% against the previous year. Over the period under review, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2015 an increase of 54%. As a result, the export price reached the peak level of $275,396 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($166,917 per ton), while the average price for exports to the UK ($19,000 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 Germany (+1.4%), while the prices for the other major destinations experienced a decline.

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

Imports of tantalum; articles thereof, including waste and scrap into India skyrocketed to 4.5 tons in 2022, with an increase of 31% against 2021 figures. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of tantalum; articles thereof, including waste and scrap skyrocketed to $2.1M in 2022. Overall, imports continue to indicate a resilient expansion. 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 India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria39547135582627.9%
China56919647878511.3%
South Korea1.50.5N/A155369.3%
United Kingdom64.395.569.113427.7%
Germany18323716.967.6-28.2%
United States24913813256.6-39.0%
Hong Kong SARN/A37.228.148.414.1%
France4.326.8N/AN/A523.3%
Others54.310.18.120.2-28.1%
Total1,5201,2121,0872,09311.3%

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

  1. China (2853.0 kg)
  2. Austria (826.0 kg)
  3. South Korea (456.0 kg)
  4. Hong Kong SAR (106.0 kg)
  5. United States (81.0 kg)
  6. United Kingdom (74.0 kg)
  7. Germany (44.0 kg)

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

In 2022, approx. 14 tons of tantalum; articles thereof, including waste and scrap were exported from India; growing by 113% against 2021. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tantalum; articles thereof, including waste and scrap soared to $2.1M in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 132%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Tantalum; Articles Thereof, Including Waste and Scrap in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5271579302,03756.9%
United States13366.82.64.0-68.9%
Hong Kong SAR37.3271225N/A145.6%
Others20.410.514.025.07.0%
Total7185051,1722,06642.2%

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

  1. Germany (14.3 tons)

Source: IndexBox Market Intelligence Platform

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