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

Contents:

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

Price for Tantalum; Waste and Scrap in the UK (CIF) - 2022

In 2022, the average tantalum; waste and scrap import price amounted to $128,358 per ton, falling by -26.4% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2021 when the average import price increased by 65%. The import price peaked at $252,370 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($312,422 per ton), while the price for Germany ($28,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average tantalum; waste and scrap export price amounted to $136,169 per ton, jumping by 19% against the previous year. Overall, the export price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2015 an increase of 97% against the previous year. As a result, the export price attained the peak level of $218,106 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($402,147 per ton), while the average price for exports to the United States ($95,670 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 Japan (+11.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tantalum; Waste and Scrap in the UK

In 2022, the amount of tantalum; waste and scraps imported into the UK surged to 127 tons, picking up by 94% against the previous year's figure. Overall, imports saw a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tantalum; waste and scrap imports surged to $16M in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 134% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Tantalum; Waste and Scrap in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.22.12.64.612.9%
China1.51.05.03.836.3%
Austria0.40.20.72.686.6%
Hong Kong SAR0.4N/A0.61.658.7%
Germany0.90.40.21.16.9%
Japan0.3N/AN/A0.838.7%
France0.60.31.30.75.3%
Taiwan (Chinese)N/A0.10.20.4100.0%
Others0.40.70.80.931.0%
Total7.74.911.516.428.7%

Top Suppliers of Tantalum; Waste and Scrap to the UK in 2022:

  1. Germany (38.0 tons)
  2. United States (36.1 tons)
  3. China (20.1 tons)
  4. Austria (14.7 tons)
  5. Hong Kong SAR (5.0 tons)
  6. Japan (4.0 tons)
  7. Taiwan (Chinese) (3.4 tons)
  8. France (2.3 tons)

Exports of Tantalum; Waste and Scrap in the UK

In 2022, overseas shipments of tantalum; waste and scraps were finally on the rise to reach 55 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a slight 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 $7.5M in 2022. Over the period under review, exports, however, showed a deep contraction.

Export of Tantalum; Waste and Scrap in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.51.20.74.4-0.7%
Australia2.20.2N/A1.6-10.1%
Germany0.90.40.41.16.9%
Hong Kong SAR0.2N/A0.2N/A0.0%
Spain1.0N/AN/AN/A0%
Others0.2N/A0.10.426.0%
Total8.91.81.37.5-5.5%

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

  1. United States (45.7 tons)
  2. Australia (4.0 tons)
  3. Germany (4.0 tons)

Source: IndexBox Market Intelligence Platform

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