Price for Tantalum; Waste and Scrap in China - 2023
Contents:
- Price for Tantalum; Waste and Scrap in China (FOB) - 2022
- Exports of Tantalum; Waste and Scrap in China
Price for Tantalum; Waste and Scrap in China (FOB) - 2022
The average tantalum; waste and scrap export price stood at $216,264 per ton in 2022, which is down by -5.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 14%. As a result, the export price reached the peak level of $248,976 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($341,232 per ton), while the average price for exports to Hong Kong SAR ($147,352 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 Germany (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Tantalum; Waste and Scrap in China
In 2022, overseas shipments of tantalum; waste and scraps were finally on the rise to reach 66 tons after two years of decline. Overall, exports, however, saw a slight downturn.
In value terms, tantalum; waste and scrap exports declined modestly to $14M in 2022. The total export value increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 8.9%. As a result, the exports attained the peak of $15M, and then dropped in the following year.
| Export of Tantalum; Waste and Scrap in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.1 | 10.3 | 6.4 | 6.9 | -8.8% |
| United Kingdom | 1.4 | 1.7 | 6.7 | 5.3 | 55.9% |
| Germany | N/A | 0.7 | 1.2 | 1.1 | 25.4% |
| Hong Kong SAR | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
| Others | 2.0 | 0.8 | 0.4 | 0.6 | -33.1% |
| Total | 12.5 | 13.6 | 14.8 | 14.2 | 4.3% |
Top Export Markets for Tantalum; Waste and Scrap from China in 2022:
- United States (32.8 tons)
- United Kingdom (25.1 tons)
- Germany (3.3 tons)
- Hong Kong SAR (2.4 tons)
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