Price for Tantalum; Articles Thereof, Including Waste and Scrap in the Philippines - 2024
Contents:
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in the Philippines (CIF) - 2022
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in the Philippines (FOB) - 2022
- Imports of Tantalum; Articles Thereof, Including Waste and Scrap in the Philippines
- Exports of Tantalum; Articles Thereof, Including Waste and Scrap in the Philippines
Price for Tantalum; Articles Thereof, Including Waste and Scrap in the Philippines (CIF) - 2022
The average import price for tantalum; articles thereof, including waste and scrap stood at $400,037 per ton in 2022, falling by -38.7% against the previous year. In general, the import price, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 123% against the previous year. Over the period under review, average import prices reached the maximum at $652,178 per ton in 2021, and then shrank significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($1,014,432 per ton), while the price for the United States ($109,107 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tantalum; Articles Thereof, Including Waste and Scrap in the Philippines (FOB) - 2022
The average export price for tantalum; articles thereof, including waste and scrap stood at $173,078 per ton in 2022, surging by 72% against the previous year. Over the period under review, the export price, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 946%. The export price peaked at $321,493 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($179,400 per ton), while the average price for exports to Japan stood at $122,676 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+51.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tantalum; Articles Thereof, Including Waste and Scrap in the Philippines
In 2022, approx. 14 tons of tantalum; articles thereof, including waste and scrap were imported into the Philippines; increasing by 42% compared with the year before. Over the period under review, imports recorded a significant expansion. 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 declined to $5.5M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +48.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. As a result, imports attained the peak of $6.3M, and then reduced in the following year.
| Import of Tantalum; Articles Thereof, Including Waste and Scrap in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.8 | 2.2 | 3.7 | 3.4 | 62.0% |
| Germany | 0.2 | 0.4 | 1.7 | 1.7 | 104.1% |
| Japan | 2.5 | 0.8 | 0.8 | 0.4 | -45.7% |
| Others | 0.2 | 0.4 | N/A | N/A | 100.0% |
| Total | 3.7 | 3.8 | 6.3 | 5.5 | 14.1% |
Top Suppliers of Tantalum; Articles Thereof, Including Waste and Scrap to the Philippines in 2022:
- China (9.9 tons)
- Germany (3.2 tons)
- Japan (0.4 tons)
Exports of Tantalum; Articles Thereof, Including Waste and Scrap in the Philippines
In 2022, exports of tantalum; articles thereof, including waste and scrap from the Philippines soared to 332 kg, increasing by 2,271% on the year before. In general, exports, however, saw a significant curtailment.
In value terms, exports of tantalum; articles thereof, including waste and scrap surged to $57K in 2022. Over the period under review, exports, however, saw a dramatic contraction.
| Export of Tantalum; Articles Thereof, Including Waste and Scrap in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 52.9 | 0% |
| Japan | 1.9 | 0.2 | 1.4 | 4.5 | 33.3% |
| South Korea | 128 | N/A | N/A | N/A | 0% |
| Others | 8.7 | N/A | N/A | N/A | 0% |
| Total | 139 | 0.2 | 1.4 | 57.5 | -25.5% |
Top Export Markets for Tantalum; Articles Thereof, Including Waste and Scrap from the Philippines in 2022:
- Australia (295.0 kg)
- Japan (37.0 kg)
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