Australia and Oceania: Tantalum Market 2022

Tantalum Market Size in Australia and Oceania

For the third year in a row, the tantalum market in Australia and Oceania recorded growth in sales value, which increased by X% to $X in 2021. In general, consumption showed a slight increase. Over the period under review, the market attained the maximum level in 2021 and is likely to see gradual growth in the immediate term.

Tantalum Production in Australia and Oceania

In value terms, tantalum production rose markedly to $X in 2021 estimated in export price. Overall, production showed measured growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Production By Country in Australia and Oceania

The country with the largest volume of tantalum production was Australia (X tonnes), comprising approx. X% of total volume.

In Australia, tantalum production increased at an average annual rate of +X% over the period from 2012-2021.

Tantalum Exports

Exports in Australia and Oceania

For the third year in a row, Australia and Oceania recorded decline in overseas shipments of tantalum, which decreased by -X% to X kg in 2021. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X tonnes. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, tantalum exports declined dramatically to $X in 2021. Overall, exports, however, recorded a slight decline. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Australia dominates exports structure, accounting for X kg, which was approx. X% of total exports in 2021. It was distantly followed by New Zealand (X kg), constituting a X% share of total exports.

Australia experienced a relatively flat trend pattern with regard to volume of exports of tantalum. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +X% from 2012-2021. While the share of New Zealand (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-X p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest tantalum supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports.

In Australia, tantalum exports decreased by an average annual rate of -X% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per tonne in 2021, waning by -X% against the previous year. Overall, the export price saw a slight decline. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per tonne. From 2015 to 2021, the the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was New Zealand ($X per tonne), while Australia amounted to $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-X%).

Tantalum Imports

Imports in Australia and Oceania

In 2021, purchases abroad of tantalum increased by X% to X tonnes, rising for the second year in a row after two years of decline. In general, imports, however, recorded a drastic downturn. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the peak figure at X tonnes in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, tantalum imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a notable increase. The pace of growth was the most pronounced in 2020 with an increase of X%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Import Prices by Country

In 2021, the i in Australia and Oceania amounted to $X per tonne, with an increase of X% against the previous year. Overall, the import price saw a resilient expansion. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to +X% per year.

Source: IndexBox Platform