Asia: Tantalum Market 2022

Tantalum Market Size in Asia

In 2021, the Asian tantalum market was finally on the rise to reach $X after two years of decline. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Tantalum Production in Asia

In value terms, tantalum production amounted to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Production By Country in Asia

The countries with the highest volumes of in 2021 were China (X tonnes), Japan (X tonnes) and Kazakhstan (X tonnes), with a combined X% share of total production.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +X%), while production for the other leaders experienced mixed trends in the production figures.

Tantalum Exports

Exports in Asia

In 2021, tantalum exports in Asia surged to X tonnes, growing by X% compared with the previous year's figure. In general, exports, however, saw a relatively flat trend pattern. The volume of export peaked at X tonnes in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, tantalum exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a deep contraction. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Export Prices by Country

The export price in Asia stood at $X per tonne in 2021, shrinking by -X% against the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per tonne in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+X%), while the other leaders experienced a decline in the export price figures.

Tantalum Imports

Imports in Asia

Tantalum imports soared to X tonnes in 2021, rising by X% against the previous year. Over the period under review, imports, however, showed a perceptible setback. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, tantalum imports rose notably to $X in 2021. In general, imports, however, continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2021, Thailand (X tonnes), Indonesia (X tonnes), Israel (X tonnes), Malaysia (X tonnes) and Japan (X tonnes) was the key importer of tantalum in Asia, mixing up X% of total import. The following importers - China (X tonnes) and the Philippines (X tonnes) - each recorded a X% share of total imports.

From 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constitutes the largest market for imported tantalum in Asia, comprising X% of total imports. The second position in the ranking was occupied by Israel ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Indonesia stood at -X%. In the other countries, the average annual rates were as follows: Israel (+X% per year) and Japan (-X% per year).

Import Prices by Country

In 2021, the i in Asia amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per tonne in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform