Portugal: Tantalum Market 2022

Tantalum Market Size in Portugal

The Portuguese tantalum market reduced markedly to $X in 2021, falling 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 showed a dramatic decrease. Tantalum consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Tantalum Exports

Exports from Portugal

In 2021, the amount of tantalum exported from Portugal fell dramatically to less than X kg, declining by -X% on 2020. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of X kg. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, tantalum exports declined rapidly to $less than X in 2021. Over the period under review, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X kg) was the main destination for tantalum exports from Portugal, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to the United States amounted to -X%.

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

From 2012 to 2020, the average annual rate of growth in terms of value to the United States amounted to +X%.

Export Prices by Country

In 2020, the average tantalum export price amounted to $X per tonne, surging by X% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2020, the rate of growth in terms of prices for the United States amounted to +X% per year.

Tantalum Imports

Imports into Portugal

Tantalum imports into Portugal contracted markedly to X kg in 2021, reducing by -X% against 2020. Over the period under review, imports saw a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at X tonnes in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, tantalum imports fell to $X in 2021. In general, imports recorded a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X kg) was the main tantalum supplier to Portugal, with a X% share of total imports. Moreover, tantalum imports from Spain exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled -X%.

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

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled -X%.

Import Prices by Country

The average tantalum import price stood at $X per tonne in 2021, rising by X% against the previous year. Over the period under review, the import price, however, faced a precipitous decline. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per tonne), while the price for Spain totaled $X per tonne.

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

Source: IndexBox Platform