Price for Tantalum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates - 2022

Contents:

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

Price for Tantalum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for tantalum; articles thereof, including waste and scrap amounted to $271,317 per ton, rising by 116% against the previous year. In general, the import price, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 an increase of 759% against the previous year. Over the period under review, average import prices reached the maximum at $2,098,711 per ton in 2016; however, from 2017 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 Hong Kong SAR ($295,533 per ton), while the price for Ethiopia ($683 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+21,518.4%), 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 United Arab Emirates (FOB) - 2022

In 2022, the average export price for tantalum; articles thereof, including waste and scrap amounted to $167,659 per ton, falling by -40.4% against the previous year. Overall, the export price saw a noticeable descent. The growth pace was the most rapid in 2015 when the average export price increased by 463% against the previous year. The export price peaked at $1,386,300 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($282,972 per ton), while the average price for exports to Kazakhstan ($53,560 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 Saudi Arabia (-3.3%), while the prices for the other major destinations experienced a decline.

Imports of Tantalum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates

Imports of tantalum; articles thereof, including waste and scrap into the United Arab Emirates dropped dramatically to 12 tons in 2022, declining by -24.8% on 2021 figures. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 823% against the previous year. As a result, imports attained the peak of 16 tons, and then dropped rapidly in the following year.

In value terms, imports of tantalum; articles thereof, including waste and scrap soared to $3.2M in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 103%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Tantalum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/A1,2542,963136.3%
Bahrain48470498.3103-40.3%
EthiopiaN/AN/A5640.3-99.9%
South Korea320N/AN/AN/A0%
KuwaitN/AN/A7.8N/A0%
OmanN/A105N/AN/A0%
Others23515737.9115-21.2%
Total1,0409651,9623,18245.2%

Top Suppliers of Tantalum; Articles Thereof, Including Waste and Scrap to the United Arab Emirates in 2022:

  1. Hong Kong SAR (10.0 tons)
  2. Bahrain (1.0 tons)
  3. Ethiopia (0.4 tons)

Exports of Tantalum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates

For the fourth year in a row, the United Arab Emirates recorded growth in overseas shipments of tantalum; articles thereof, including waste and scrap, which increased by 101% to 4 tons in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 339%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of tantalum; articles thereof, including waste and scrap soared to $675K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 593%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Tantalum; Articles Thereof, Including Waste and Scrap in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran38.6303557494133.9%
KazakhstanN/AN/AN/A1170%
Saudi ArabiaN/A0.11.616.21172.8%
Others5.10.43.848.2111.4%
Total43.8303563675148.9%

Top Export Markets for Tantalum; Articles Thereof, Including Waste and Scrap from the United Arab Emirates in 2022:

  1. Kazakhstan (2.2 tons)
  2. Iran (1.7 tons)
  3. Saudi Arabia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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