Switzerland: Tantalum Market 2022

Tantalum Market Size in Switzerland

The Swiss tantalum market skyrocketed to $X in 2021, increasing by X% against the previous year. Over the period under review, consumption recorded a prominent increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Tantalum Production in Switzerland

In value terms, tantalum production totaled $X in 2021 estimated in export price. In general, production showed a tangible increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Tantalum Exports

Exports from Switzerland

In 2021, overseas shipments of tantalum were finally on the rise to reach X kg after two years of decline. In general, exports recorded a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked at X tonnes in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, tantalum exports dropped notably to $X in 2021. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X kg) was the main destination for tantalum exports from Switzerland, with a X% share of total exports. Moreover, tantalum exports to Germany exceeded the volume sent to the second major destination, the UK (X kg), ninefold. The United States (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and the United States (-X% per year).

In value terms, Germany ($X) remains the key foreign market for tantalum exports from Switzerland, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with an X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the United States (-X% per year).

Export Prices by Country

The average tantalum export price stood at $X per tonne in 2021, which is down by -X% against the previous year. Overall, the export price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was France ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-X%), while the prices for the other major destinations experienced a decline.

Tantalum Imports

Imports into Switzerland

In 2021, imports of tantalum into Switzerland soared to X kg, rising by X% on the previous year. Overall, imports continue to indicate a notable increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X kg in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, tantalum imports reduced dramatically to $X in 2021. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Sweden (X kg) constituted the largest supplier of tantalum to Switzerland, with a X% share of total imports. Moreover, tantalum imports from Sweden exceeded the figures recorded by the second-largest supplier, Italy (X kg), fourfold. The UK (X kg) ranked third in terms of total imports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and the UK (+X% per year).

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

From 2012 to 2021, the average annual growth rate of value from Sweden totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Italy (+X% per year).

Import Prices by Country

The average tantalum import price stood at $X per tonne in 2021, waning by -X% against the previous year. Over the period under review, the import price faced a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked at $X per tonne in 2012; however, from 2013 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 Germany ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform