Price for Tantalum; Waste and Scrap in the Philippines - 2023

Contents:

  1. Price for Tantalum; Waste and Scrap in the Philippines (FOB) - 2022
  2. Exports of Tantalum; Waste and Scrap in the Philippines

Price for Tantalum; Waste and Scrap in the Philippines (FOB) - 2022

In 2022, the average tantalum; waste and scrap export price amounted to $22,924 per ton, shrinking by -75.6% against the previous year. Over the period under review, the export price, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2018 an increase of 290%. Over the period under review, the average export prices attained the peak figure at $94,133 per ton in 2021, and then shrank remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +29.7% per year.

Exports of Tantalum; Waste and Scrap in the Philippines

Tantalum; waste and scrap exports from the Philippines surged to 198 kg in 2022, jumping by 1,220% on 2021 figures. Over the period under review, exports posted significant growth. 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 soared to $4.5K in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 539% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Tantalum; Waste and Scrap in the Philippines (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan8.01.04.04,539727.9%
Hong Kong SAR1,3901791,201N/A-7.0%
South Korea53841.0207N/A-38.0%
OthersN/AN/AN/AN/A0%
Total1,9362211,4124,53932.8%

Top Export Markets for Tantalum; Waste and Scrap from the Philippines in 2022:

  1. Japan (198.0 kg)

Source: IndexBox Market Intelligence Platform

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