Price for Tantalum; Articles Thereof, Including Waste and Scrap in Singapore - 2023
Contents:
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in Singapore (FOB) - 2022
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in Singapore (CIF) - 2022
- Exports of Tantalum; Articles Thereof, Including Waste and Scrap in Singapore
- Imports of Tantalum; Articles Thereof, Including Waste and Scrap in Singapore
Price for Tantalum; Articles Thereof, Including Waste and Scrap in Singapore (FOB) - 2022
In 2022, the average export price for tantalum; articles thereof, including waste and scrap amounted to $121,895 per ton, waning by -37.2% against the previous year. Overall, the export price, however, posted buoyant growth. The growth pace was the most rapid in 2021 when the average export price increased by 109% against the previous year. As a result, the export price attained the peak level of $194,065 per ton, and then dropped rapidly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($380,372 per ton), while the average price for exports to the United States ($89,200 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 (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tantalum; Articles Thereof, Including Waste and Scrap in Singapore (CIF) - 2022
The average import price for tantalum; articles thereof, including waste and scrap stood at $414,529 per ton in 2022, with a decrease of -9.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 119% against the previous year. The import price peaked at $617,230 per ton in 2020; however, from 2021 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 Japan ($554,248 per ton), while the price for Austria ($73,765 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tantalum; Articles Thereof, Including Waste and Scrap in Singapore
In 2022, overseas shipments of tantalum; articles thereof, including waste and scrap were finally on the rise to reach 87 tons after two years of decline. Overall, exports saw significant growth. 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 $11M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Tantalum; Articles Thereof, Including Waste and Scrap in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 87.1 | 86.6 | 112 | 9,437 | 376.7% |
Taiwan (Chinese) | 97.0 | N/A | 249 | 575 | 81.0% |
Malaysia | 176 | 88.0 | 357 | 391 | 30.5% |
United States | 541 | 206 | 127 | 164 | -32.8% |
Others | 147 | 129 | 32.2 | 84.6 | -16.8% |
Total | 1,048 | 510 | 878 | 10,652 | 116.6% |
Top Export Markets for Tantalum; Articles Thereof, Including Waste and Scrap from Singapore in 2022:
- Japan (82.7 tons)
- United States (1.8 tons)
- Taiwan (Chinese) (1.5 tons)
- Malaysia (0.9 tons)
Imports of Tantalum; Articles Thereof, Including Waste and Scrap in Singapore
For the fourth consecutive year, Singapore recorded growth in overseas purchases of tantalum; articles thereof, including waste and scrap, which increased by 31% to 21 tons in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.8% 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 +55.3% against 2019 indices. 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 soared to $8.6M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 44%. As a result, imports attained the peak of $9.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Tantalum; Articles Thereof, Including Waste and Scrap in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 5.4 | 6.4 | 4.7 | 5.6 | 1.2% |
China | 0.1 | 0.1 | 0.1 | 1.4 | 141.0% |
Taiwan (Chinese) | N/A | 1.5 | 0.8 | 1.0 | -18.4% |
United States | 0.3 | 0.8 | 0.4 | 0.2 | -12.6% |
Austria | N/A | N/A | 0.2 | 0.2 | 0.0% |
Germany | 0.1 | 0.1 | 0.5 | 0.2 | 26.0% |
South Korea | 0.5 | 0.4 | 0.3 | N/A | -22.5% |
Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
Total | 6.6 | 9.5 | 7.2 | 8.6 | 9.2% |
Top Suppliers of Tantalum; Articles Thereof, Including Waste and Scrap to Singapore in 2022:
- Japan (10.0 tons)
- Taiwan (Chinese) (4.3 tons)
- Austria (2.9 tons)
- China (2.8 tons)
- United States (0.3 tons)
- Germany (0.3 tons)
- South Korea (0.1 tons)
This report provides an in-depth analysis of the tantalum market in Singapore.
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This report provides an in-depth analysis of the global tantalum market.
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This report provides an in-depth analysis of the tantalum market in Singapore.
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