Price for Tantalum; Waste and Scrap in the United States - 2023

Contents:

  1. Price for Tantalum; Waste and Scrap in the United States (FOB) - 2023
  2. Price for Tantalum; Waste and Scrap in the United States (CIF) - 2022
  3. Exports of Tantalum; Waste and Scrap in the United States
  4. Imports of Tantalum; Waste and Scrap in the United States

Price for Tantalum; Waste and Scrap in the United States (FOB) - 2023

In August 2023, the average tantalum; waste and scrap export price amounted to $98,984 per ton, reducing by -53.7% against the previous month. Overall, the export price showed a slight descent. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 126% month-to-month. As a result, the export price attained the peak level of $254K per ton. From May 2023 to August 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($295K per ton), while the average price for exports to the UK ($51,658 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average tantalum; waste and scrap import price amounted to $56,591 per ton, reducing by -14.4% against the previous year. Overall, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 25% against the previous year. The import price peaked at $120,340 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 Estonia ($198,230 per ton), while the price for the Czech Republic ($9,231 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tantalum; Waste and Scrap in the United States

In 2022, approx. 272 tons of tantalum; waste and scraps were exported from the United States; growing by 15% on the year before. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, tantalum; waste and scrap exports rose to $36M in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 70% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Export of Tantalum; Waste and Scrap in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan6.59.119.218.642.0%
Mexico3.02.97.87.334.5%
United Kingdom2.32.22.74.726.9%
Japan2.12.01.62.0-1.6%
Canada0.80.10.31.214.5%
Germany3.11.90.71.1-29.2%
Taiwan (Chinese)0.10.7N/A0.458.7%
Others2.51.62.50.9-28.9%
Total20.520.534.836.321.0%

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

  1. Kazakhstan (88.4 tons)
  2. Mexico (83.1 tons)
  3. United Kingdom (38.3 tons)
  4. Japan (18.9 tons)
  5. Canada (17.0 tons)
  6. Germany (15.1 tons)
  7. Taiwan (Chinese) (4.5 tons)

Imports of Tantalum; Waste and Scrap in the United States

In 2022, overseas purchases of tantalum; waste and scraps were finally on the rise to reach 680 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed notable growth. 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 $39M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tantalum; Waste and Scrap in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan6.94.03.19.19.7%
Indonesia3.62.52.05.213.0%
China9.65.44.85.0-19.5%
Thailand1.33.22.73.539.1%
South Korea1.41.00.93.028.9%
United Kingdom2.40.3N/A2.2-2.9%
IsraelN/AN/A0.31.8500.0%
Canada1.20.30.81.57.7%
Mexico1.11.11.00.8-10.1%
Czech Republic0.90.10.20.3-30.7%
Others4.44.35.96.010.9%
Total32.722.121.738.55.6%

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

  1. Indonesia (233.6 tons)
  2. Japan (93.8 tons)
  3. South Korea (93.0 tons)
  4. Thailand (40.1 tons)
  5. Czech Republic (37.9 tons)
  6. China (31.5 tons)
  7. Israel (30.8 tons)
  8. Canada (30.7 tons)
  9. Mexico (12.1 tons)
  10. United Kingdom (8.9 tons)

Source: IndexBox Market Intelligence Platform

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