CIS: Tantalum Market 2022

Tantalum Market Size in CIS

The CIS tantalum market soared to $X in 2021, jumping by X% against the previous year. The total consumption indicated a remarkable increase 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. Based on 2021 figures, consumption decreased by -X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Tantalum Production in CIS

In value terms, tantalum production reduced to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Production By Country in CIS

Kazakhstan (X tonnes) remains the largest tantalum producing country in the CIS, comprising approx. X% of total volume. Moreover, tantalum production in Kazakhstan exceeded the figures recorded by the second-largest producer, Russia (X tonnes), fivefold.

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

Tantalum Exports

Exports in CIS

In 2021, tantalum exports in the CIS contracted modestly to X tonnes, standing approx. at the previous year's figure. In general, exports recorded a pronounced setback. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked at X tonnes in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, tantalum exports rose significantly to $X in 2021. Over the period under review, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Kazakhstan was the key exporter of tantalum in the CIS, with the volume of exports amounting to X tonnes, which was near X% of total exports in 2021. It was distantly followed by Russia (X tonnes), making up a X% share of total exports.

Exports from Kazakhstan decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Russia (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2012-2021. Russia (+X p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, Kazakhstan ($X) remains the largest tantalum supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports.

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

Export Prices by Country

In 2021, the e in the CIS amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the export price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per tonne. From 2014 to 2021, the the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Kazakhstan ($X per tonne), while Russia stood at $X per tonne.

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

Tantalum Imports

Imports in CIS

In 2021, after three years of growth, there was significant decline in overseas purchases of tantalum, when their volume decreased by -X% to X tonnes. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2019 when imports increased by X%. The volume of import peaked at X tonnes in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, tantalum imports declined markedly to $X in 2021. Overall, imports saw a abrupt downturn. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Import Prices by Country

The import price in the CIS stood at $X per tonne in 2021, with an increase of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The level of import peaked at $X per tonne in 2019; however, from 2020 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 Russia ($X per tonne), while Kazakhstan amounted to $X per tonne.

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

Source: IndexBox Platform