Austria: Tantalum Market 2022

Tantalum Market Size in Austria

The Austrian tantalum market stood at $X in 2021, therefore, remained relatively stable against the previous year. In general, consumption faced a sharp decline. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Tantalum Production in Austria

In value terms, tantalum production reduced markedly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a sharp downturn. Tantalum production peaked at $X in 2020, and then shrank markedly in the following year.

Tantalum Exports

Exports from Austria

In 2021, overseas shipments of tantalum increased by X% to X tonnes, rising for the third year in a row after five years of decline. Overall, exports saw a significant increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, tantalum exports surged to $X in 2021. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tonnes) was the main destination for tantalum exports from Austria, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +X%.

In value terms, Germany ($X) also remains the key foreign market for tantalum exports from Austria.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +X%.

Export Prices by Country

The average tantalum export price stood at $X per tonne in 2021, which is down by -X% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2021: its price 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. Based on 2021 figures, tantalum export price increased by +X% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per tonne, and then contracted dramatically in the following year.

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

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

Tantalum Imports

Imports into Austria

For the seventh consecutive year, Austria recorded decline in purchases abroad of tantalum, which decreased by X% to X tonnes in 2021. In general, imports recorded a sharp curtailment. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. From 2015 to 2021, the growth imports remained at a lower figure.

In value terms, tantalum imports amounted to $X in 2021. Overall, imports showed a significant curtailment. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Estonia (X tonnes) constituted the largest supplier of tantalum to Austria, with a X% share of total imports. Moreover, tantalum imports from Estonia exceeded the figures recorded by the second-largest supplier, the United States (X tonnes), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Estonia totaled +X%.

In value terms, Estonia ($X) constituted the largest supplier of tantalum to Austria, comprising X% of total imports. The second position in the ranking was occupied by the United States ($X), with an X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Estonia totaled +X%.

Import Prices by Country

In 2021, the average tantalum import price amounted to $X per tonne, flattening at the previous year. Overall, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2014 to 2021, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per tonne), while the price for Estonia amounted to $X per tonne.

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

Source: IndexBox Platform