Denmark: Tantalum Market 2022

Tantalum Market Size in Denmark

The Danish tantalum market stood at $X in 2021, remaining relatively unchanged against the previous year. In general, consumption faced a abrupt slump. Tantalum consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Tantalum Production in Denmark

In value terms, tantalum production fell markedly to $X in 2021 estimated in export price. Overall, production showed a deep downturn. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Tantalum Exports

Exports from Denmark

In 2021, overseas shipments of tantalum decreased by X% to X kg, falling for the fifth year in a row after five years of growth. In general, exports continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at X kg in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, tantalum exports amounted to $X in 2021. Overall, exports saw a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium (X kg) and the United States (X kg) were the main destinations of tantalum exports from Denmark.

From 2012 to 2019, the biggest increases were in the United States (with a CAGR of +X value terms, the United States ($X) and Belgium ($X) were the largest markets for tantalum exported from Denmark worldwide.

Among the main countries of destination, the United States, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average tantalum export price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The growth pace was the most rapid in 2018 when the average export price increased by X%. As a result, the export price attained the peak level of $X per tonne, and then contracted in the following year.

Average prices varied somewhat for the major overseas markets. In 2019, the country with the highest price was the United States ($X per tonne), while the average price for exports to Belgium stood at $X per tonne.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%).

Tantalum Imports

Imports into Denmark

For the fourth consecutive year, Denmark recorded decline in overseas purchases of tantalum, which decreased by X% to X kg in 2021. Over the period under review, imports recorded strong growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X kg. From 2016 to 2021, the growth imports remained at a somewhat lower figure.

In value terms, tantalum imports skyrocketed to $X in 2021. In general, imports saw a perceptible decline. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X kg) was the main tantalum supplier to Denmark, accounting for a approx. X% share of total imports.

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

In value terms, Germany ($X) constituted the largest supplier of tantalum to Denmark.

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

Import Prices by Country

The average tantalum import price stood at $X per tonne in 2021, flattening at the previous year. In general, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, 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.

Source: IndexBox Platform