Israel: Tantalum Market 2022

Tantalum Market Size in Israel

The Israeli tantalum market soared to $X in 2021, jumping 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). In general, consumption posted a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Tantalum Exports

Exports from Israel

In 2021, approx. X tonnes of tantalum were exported from Israel; with an increase of X% against the previous year. In general, exports showed a measured increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, tantalum exports skyrocketed to $X in 2021. Overall, exports continue to indicate a modest increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X tonnes) was the main destination for tantalum exports from Israel, with a approx. X% share of total exports.

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

In value terms, the United States ($X) also remains the key foreign market for tantalum exports from Israel.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +X%.

Export Prices by Country

In 2021, the average tantalum export price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the export price saw a noticeable contraction. The pace of growth appeared the most rapid in 2020 an increase of X%. The export price peaked at $X per tonne in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

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

Tantalum Imports

Imports into Israel

Tantalum imports into Israel skyrocketed to X tonnes in 2021, with an increase of X% against the previous year. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, tantalum imports skyrocketed to $X in 2021. Over the period under review, imports recorded a perceptible expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Japan (X tonnes), the United States (X tonnes) and China (X tonnes) were the main suppliers of tantalum imports to Israel, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Japan ($X), the United States ($X) and China ($X) constituted the largest tantalum suppliers to Israel, together comprising X% of total imports.

In terms of the main suppliers, Japan, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average tantalum import price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per tonne. From 2015 to 2021, the average 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 the United States ($X per tonne) and China ($X per tonne), while the price for Japan ($X per tonne) and Thailand ($X per tonne) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform