Brazil: Tantalum Market 2022

Tantalum Market Size in Brazil

The Brazilian tantalum market dropped to $X in 2021, almost unchanged from the previous year. Over the period under review, consumption, however, showed a deep slump. Tantalum consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Tantalum Production in Brazil

In value terms, tantalum production fell to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt setback. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Tantalum production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Tantalum Exports

Exports from Brazil

In 2021, approx. X kg of tantalum were exported from Brazil; almost unchanged from 2020 figures. Over the period under review, exports recorded a perceptible contraction. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of X tonnes. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, tantalum exports stood at $X in 2021. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Estonia (X kg) was the main destination for tantalum exports from Brazil, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Estonia was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Estonia was relatively modest.

Export Prices by Country

The average tantalum export price stood at $X per tonne in 2021, therefore, remained relatively stable against the previous year. In general, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. The export price peaked at $X per tonne in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

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

Tantalum Imports

Imports into Brazil

For the third year in a row, Brazil recorded growth in supplies from abroad of tantalum, which increased by X% to X kg in 2021. Over the period under review, imports, however, saw a pronounced setback. Imports peaked at X kg in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, tantalum imports surged to $X in 2021. In general, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X kg) constituted the largest tantalum supplier to Brazil, accounting for a X% share of total imports. Moreover, tantalum imports from the United States exceeded the figures recorded by the second-largest supplier, Russia (X kg), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to -X%.

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

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

Import Prices by Country

The average tantalum import price stood at $X per tonne in 2021, shrinking by -X% against the previous year. In general, the import price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, average import prices hit record highs at $X per tonne in 2018; however, from 2019 to 2021, import prices stood at a somewhat 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 Russia totaled $X per tonne.

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

Source: IndexBox Platform