Price for Tantalum; Articles Thereof, Including Waste and Scrap in Kuwait - 2022

Contents:

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

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

In 2022, the average export price for tantalum; articles thereof, including waste and scrap amounted to $220,259 per ton, jumping by 83% against the previous year. Overall, the export price, however, showed a noticeable shrinkage. Over the period under review, the average export prices attained the peak figure at $289,875 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Pakistan.

From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to -2.7% per year.

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

The average import price for tantalum; articles thereof, including waste and scrap stood at $83,990 per ton in 2022, remaining stable against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 69% against the previous year. The import price peaked at $157,440 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 Italy ($464,294 per ton), while the price for Turkey amounted to $8,814 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.5%).

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

After three years of growth, shipments abroad of tantalum; articles thereof, including waste and scrap decreased by -58% to 382 kg in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 207% against the previous year. As a result, the exports reached the peak of 910 kg, and then reduced remarkably in the following year.

In value terms, exports of tantalum; articles thereof, including waste and scrap plummeted to $84K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 213%.

Export of Tantalum; Articles Thereof, Including Waste and Scrap in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan16.565.378.184.172.1%
IndiaN/AN/A23.3N/A0%
United Arab EmiratesN/AN/A8.3N/A0%
Others4.3N/AN/AN/A0%
Total20.865.311084.159.3%

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

  1. Pakistan (382.0 kg)

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

In 2022, supplies from abroad of tantalum; articles thereof, including waste and scrap decreased by 0% to 103 kg, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 312% against the previous year. As a result, imports attained the peak of 206 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of tantalum; articles thereof, including waste and scrap totaled $8.7K in 2022. In general, imports posted a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 165% against the previous year. As a result, imports attained the peak of $17K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Tantalum; Articles Thereof, Including Waste and Scrap in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A7.90%
TurkeyN/AN/AN/A0.80%
United StatesN/A17.0N/AN/A0%
United Arab Emirates6.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total6.417.0N/A8.710.8%

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

  1. Turkey (86.0 kg)
  2. Italy (17.0 kg)

Source: IndexBox Market Intelligence Platform

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