Price for Tantalum; Articles Thereof, Including Waste and Scrap in the UK - 2024
Contents:
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in the UK (CIF) - 2022
- Price for Tantalum; Articles Thereof, Including Waste and Scrap in the UK (FOB) - 2022
- Imports of Tantalum; Articles Thereof, Including Waste and Scrap in the UK
- Exports of Tantalum; Articles Thereof, Including Waste and Scrap in the UK
Price for Tantalum; Articles Thereof, Including Waste and Scrap in the UK (CIF) - 2022
The average import price for tantalum; articles thereof, including waste and scrap stood at $172,322 per ton in 2022, declining by -11.5% against the previous year. Over the period under review, the import price recorded a perceptible reduction. The pace of growth appeared the most rapid in 2021 an increase of 40%. Over the period under review, average import prices reached the maximum at $256,448 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($236,192 per ton), while the price for Singapore ($63,789 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.8%), 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 UK (FOB) - 2022
In 2022, the average export price for tantalum; articles thereof, including waste and scrap amounted to $160,426 per ton, increasing by 13% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tantalum; articles thereof, including waste and scrap decreased by -32.7% against 2017 indices. The growth pace was the most rapid in 2016 an increase of 60%. Over the period under review, the average export prices hit record highs at $238,228 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
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 Belgium ($329,877 per ton), while the average price for exports to the United States ($103,808 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 Belgium (+6.3%), 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 UK
In 2022, approx. 180 tons of tantalum; articles thereof, including waste and scrap were imported into the UK; growing by 28% compared with 2021. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 75%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of tantalum; articles thereof, including waste and scrap rose rapidly to $31M in 2022. In general, imports enjoyed strong growth. The pace of growth was the most pronounced in 2021 with an increase of 145% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Tantalum; Articles Thereof, Including Waste and Scrap in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.7 | 3.1 | 13.2 | 12.7 | 30.6% |
United States | 4.6 | 2.8 | 4.1 | 6.1 | 9.9% |
Austria | 0.5 | 0.3 | 0.9 | 2.7 | 75.4% |
Germany | 8.1 | 1.4 | 2.0 | 2.5 | -32.4% |
France | 0.6 | 0.4 | 1.4 | 1.9 | 46.8% |
Hong Kong SAR | 0.5 | N/A | 0.7 | 1.8 | 53.3% |
Japan | 0.3 | 0.2 | N/A | 0.8 | 38.7% |
Estonia | N/A | 2.8 | 2.1 | 0.4 | -62.2% |
Others | 0.7 | 0.2 | 3.0 | 2.2 | 46.5% |
Total | 21.0 | 11.2 | 27.4 | 31.0 | 13.9% |
Top Suppliers of Tantalum; Articles Thereof, Including Waste and Scrap to the UK in 2022:
- China (53.7 tons)
- United States (45.7 tons)
- Germany (25.6 tons)
- Austria (16.9 tons)
- France (9.8 tons)
- Hong Kong SAR (8.6 tons)
- Japan (4.6 tons)
- Estonia (2.2 tons)
Exports of Tantalum; Articles Thereof, Including Waste and Scrap in the UK
In 2022, the amount of tantalum; articles thereof, including waste and scrap exported from the UK expanded markedly to 95 tons, increasing by 12% compared with the previous year. In general, exports recorded a noticeable increase. The growth pace was the most rapid in 2021 with an increase of 243% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of tantalum; articles thereof, including waste and scrap soared to $15M in 2022. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 174%.
Export of Tantalum; Articles Thereof, Including Waste and Scrap in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 8.7 | 1.3 | 2.1 | 6.2 | -10.7% |
Australia | 4.5 | 0.3 | 4.6 | 3.5 | -8.0% |
France | 0.8 | 1.0 | 2.2 | 2.2 | 40.1% |
Germany | 1.7 | 0.9 | 1.3 | 1.7 | 0.0% |
Belgium | N/A | 0.1 | 0.4 | 0.9 | 200.0% |
Others | 2.2 | 0.8 | 1.5 | 0.9 | -25.8% |
Total | 17.9 | 4.4 | 12.0 | 15.3 | -5.1% |
Top Export Markets for Tantalum; Articles Thereof, Including Waste and Scrap from the UK in 2022:
- United States (59.2 tons)
- Australia (13.2 tons)
- Germany (10.3 tons)
- France (7.7 tons)
- Belgium (2.7 tons)
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