Price for Tantalum; Articles Thereof, Including Waste and Scrap in South Africa - 2024
Contents:
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in South Africa (CIF) - 2024
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in South Africa (FOB) - 2022
- Imports of Tantalum; Articles Thereof, Including Waste and Scrap in South Africa
- Exports of Tantalum; Articles Thereof, Including Waste and Scrap in South Africa
Price for Tantalum; Articles Thereof, Including Waste and Scrap in South Africa (CIF) - 2024
In March 2024, the average import price for tantalum; articles thereof, including waste and scrap amounted to $713K per ton, rising by 7.1% against the previous month. Over the period under review, import price indicated a measured increase from May 2023 to March 2024: its price increased at an average monthly rate of +3.1% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, import price for tantalum; articles thereof, including waste and scrap increased by +88.9% against December 2023 indices. The growth pace was the most rapid in October 2023 an increase of 48% month-to-month. As a result, import price reached the peak level of $809K per ton. From November 2023 to March 2024, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From May 2023 to March 2024, the rate of growth in terms of prices for the United States amounted to +3.3% per month.
Price for Tantalum; Articles Thereof, Including Waste and Scrap in South Africa (FOB) - 2022
In 2022, the average export price for tantalum; articles thereof, including waste and scrap amounted to $16,382 per ton, reducing by -80.9% against the previous year. In general, the export price saw a sharp downturn. The most prominent rate of growth was recorded in 2015 an increase of 63% against the previous year. As a result, the export price attained the peak level of $235,087 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($117,701 per ton), while the average price for exports to Zambia ($9,316 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 the UK (-6.2%).
Imports of Tantalum; Articles Thereof, Including Waste and Scrap in South Africa
In 2022, the amount of tantalum; articles thereof, including waste and scrap imported into South Africa declined markedly to 3 tons, which is down by -58.9% against 2021. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 396%. As a result, imports attained the peak of 7.4 tons, and then fell sharply in the following year.
In value terms, imports of tantalum; articles thereof, including waste and scrap declined notably to $1.7M in 2022. Over the period under review, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 226%. As a result, imports attained the peak of $2.4M, and then fell significantly in the following year.
Import of Tantalum; Articles Thereof, Including Waste and Scrap in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,355 | 694 | 2,351 | 1,723 | 8.3% |
Germany | 2.6 | 18.2 | 8.8 | 0.9 | -29.8% |
Others | 15.5 | 16.5 | 18.3 | 26.0 | 18.8% |
Total | 1,373 | 729 | 2,378 | 1,749 | 8.4% |
Top Suppliers of Tantalum; Articles Thereof, Including Waste and Scrap to South Africa in 2022:
- United States (3.0 tons)
Exports of Tantalum; Articles Thereof, Including Waste and Scrap in South Africa
In 2022, exports of tantalum; articles thereof, including waste and scrap from South Africa surged to 3 tons, rising by 99,867% on 2021 figures. Overall, exports recorded a significant increase. As a result, the exports reached 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 $49K in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Tantalum; Articles Thereof, Including Waste and Scrap in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | N/A | N/A | N/A | 23.6 | 0% |
United Kingdom | N/A | N/A | N/A | 18.5 | 0% |
Netherlands | N/A | N/A | N/A | 4.9 | 0% |
Zambia | N/A | N/A | N/A | 1.7 | 0% |
Others | N/A | N/A | 0.3 | 0.5 | 66.7% |
Total | N/A | N/A | 0.3 | 49.1 | 16266.7% |
Top Export Markets for Tantalum; Articles Thereof, Including Waste and Scrap from South Africa in 2022:
- Ireland (2474.0 kg)
- Zambia (187.0 kg)
- Netherlands (160.0 kg)
- United Kingdom (157.0 kg)
This report provides an in-depth analysis of the tantalum market in South Africa.
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This report provides an in-depth analysis of the tantalum market in South Africa.
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This report provides an in-depth analysis of the global tantalum market.
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