Indonesia: Tantalum Market 2022

Tantalum Market Size in Indonesia

The Indonesian tantalum market reduced to $X in 2021, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a noticeable setback. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Tantalum Exports

Exports from Indonesia

In 2021, the amount of tantalum exported from Indonesia contracted dramatically to X kg, declining by -X% on the previous year. In general, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports attained the maximum at X tonnes in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, tantalum exports fell markedly to $X in 2021. Overall, exports recorded a pronounced slump. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Thailand (X kg) was the main destination for tantalum exports from Indonesia, with a X% share of total exports. It was followed by Japan (X kg), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Thailand stood at -X%.

In value terms, Thailand ($X) remains the key foreign market for tantalum exports from Indonesia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports.

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

Export Prices by Country

In 2021, the average tantalum export price amounted to $X per kg, with an increase of X% against the previous year. Over the period under review, the export price posted significant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Japan ($X per kg), while the average price for exports to Thailand stood at $X per kg.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+X%).

Tantalum Imports

Imports into Indonesia

In 2021, the amount of tantalum imported into Indonesia reduced slightly to X tonnes, shrinking by -X% compared with the year before. Overall, imports faced a abrupt decrease. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, tantalum imports contracted to $X in 2021. Over the period under review, imports recorded a pronounced shrinkage. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Japan (X tonnes) constituted the largest tantalum supplier to Indonesia, accounting for a X% share of total imports. Moreover, tantalum imports from Japan exceeded the figures recorded by the second-largest supplier, China (X tonnes), fivefold. Thailand (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Thailand (+X% per year).

In value terms, Japan ($X) constituted the largest supplier of tantalum to Indonesia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Thailand (+X% per year).

Import Prices by Country

The average tantalum import price stood at $X per tonne in 2021, which is down by -X% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, tantalum import price decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per tonne in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Japan ($X per tonne) and Thailand ($X per tonne), while the price for China ($X per tonne) and Austria ($X per tonne) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform