Price for Tantalum; Waste and Scrap in Hong Kong SAR - 2023

Contents:

  1. Price for Tantalum; Waste and Scrap in Hong Kong SAR (CIF) - 2022
  2. Price for Tantalum; Waste and Scrap in Hong Kong SAR (FOB) - 2022
  3. Imports of Tantalum; Waste and Scrap in Hong Kong SAR
  4. Exports of Tantalum; Waste and Scrap in Hong Kong SAR

Price for Tantalum; Waste and Scrap in Hong Kong SAR (CIF) - 2022

The average tantalum; waste and scrap import price stood at $256,591 per ton in 2022, surging by 32% against the previous year. In general, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 an increase of 47% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Japan ($308,339 per ton), while the price for China ($133,549 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+36.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tantalum; Waste and Scrap in Hong Kong SAR (FOB) - 2022

In 2022, the average tantalum; waste and scrap export price amounted to $139,437 per ton, waning by -28.8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 82%. Over the period under review, the average export prices hit record highs at $260,857 per ton in 2018; however, from 2019 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 the Netherlands ($326,192 per ton), while the average price for exports to the United States ($101,475 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 Netherlands (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tantalum; Waste and Scrap in Hong Kong SAR

In 2022, approx. 23 tons of tantalum; waste and scraps were imported into Hong Kong SAR; surging by 12% on the year before. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 340%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, tantalum; waste and scrap imports surged to $5.9M in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 497% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Tantalum; Waste and Scrap in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2893971,8833,640132.7%
Taiwan (Chinese)N/A21.68591,215650.0%
South Korea17118895076364.6%
China40.059.011425785.9%
Russia194N/AN/AN/A0%
United Kingdom174N/A106N/A-21.9%
Others135N/A58.1N/A-34.4%
Total1,0036653,9705,87580.3%

Top Suppliers of Tantalum; Waste and Scrap to Hong Kong SAR in 2022:

  1. Japan (11.8 tons)
  2. Taiwan (Chinese) (5.3 tons)
  3. South Korea (3.9 tons)
  4. China (1.9 tons)

Exports of Tantalum; Waste and Scrap in Hong Kong SAR

In 2022, exports of tantalum; waste and scraps from Hong Kong SAR skyrocketed to 44 tons, rising by 139% against the previous year. In general, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tantalum; waste and scrap exports surged to $6.1M in 2022. Overall, exports, however, saw a slight slump.

Export of Tantalum; Waste and Scrap in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.82.62.53.7-13.9%
United KingdomN/A0.10.52.0347.2%
NetherlandsN/AN/A0.10.4300.0%
JapanN/A0.10.4N/A300.0%
Australia0.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total6.32.73.66.1-1.1%

Top Export Markets for Tantalum; Waste and Scrap from Hong Kong SAR in 2022:

  1. United States (36.3 tons)
  2. United Kingdom (6.1 tons)
  3. Netherlands (1.3 tons)

Source: IndexBox Market Intelligence Platform

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