South-Eastern Asia: Tantalum Market 2022

Tantalum Market Size in South-Eastern Asia

The Southeast Asian tantalum market dropped to $X in 2021, with a decrease of -X% against the previous year. Over the period under review, consumption showed a pronounced contraction. 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 Production in South-Eastern Asia

In value terms, tantalum production totaled $X in 2021 estimated in export price. Over the period under review, production showed a abrupt descent. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Production By Country in South-Eastern Asia

Thailand (X tonnes) remains the largest tantalum producing country in South-Eastern Asia, comprising approx. X% of total volume.

In Thailand, tantalum production declined by an average annual rate of -X% over the period from 2012-2021.

Tantalum Exports

Exports in South-Eastern Asia

In 2021, tantalum exports in South-Eastern Asia soared to X tonnes, picking up by X% on the year before. Total exports indicated a noticeable expansion from 2012 to 2021: its volume 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, exports increased by +X% against 2019 indices. The volume of export peaked at X tonnes in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, tantalum exports rose notably to $X in 2021. In general, exports showed a pronounced decline. The pace of growth was the most pronounced in 2018 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per tonne in 2021, falling by -X% against the previous year. In general, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per tonne in 2013; however, from 2014 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 Thailand.

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

Tantalum Imports

Imports in South-Eastern Asia

In 2021, the amount of tantalum imported in South-Eastern Asia skyrocketed to X tonnes, jumping by X% compared with the previous year. In general, imports, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, tantalum imports declined slightly to $X in 2021. Overall, imports, however, saw a mild setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Thailand (X tonnes) and Indonesia (X tonnes) represented the main importers of tantalum in South-Eastern Asia, together mixing up X% of total imports. It was distantly followed by Malaysia (X tonnes), generating a X% share of total imports. The Philippines (X tonnes) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constitutes the largest market for imported tantalum in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Thailand ($X), with an X% share of total imports. It was followed by the Philippines, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Indonesia totaled -X%. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and the Philippines (+X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per tonne in 2021, shrinking by -X% against the previous year. Import price indicated a modest increase 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 2019 indices. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per tonne in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Philippines ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform