EU: Tantalum Market 2024

Tantalum Market Size in the EU

The EU tantalum market soared to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption saw buoyant growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Tantalum Production in the EU

In value terms, tantalum production rose slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate prominent growth. The growth pace was the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Tantalum Exports

Exports in the EU

After three years of growth, overseas shipments of tantalum decreased by X% to X tons in 2022. Total exports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then reduced rapidly in the following year.

In value terms, tantalum exports contracted to $X in 2022. Total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

The Czech Republic (X tons) and Estonia (X tons) dominates exports structure, together achieving X% of total exports. Italy (X tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the Czech Republic ($X), Estonia ($X) and Italy ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Estonia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%).

Tantalum Imports

Imports in the EU

In 2022, purchases abroad of tantalum increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports enjoyed temperate growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tantalum imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a pronounced descent. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany was the largest importing country with an import of around X tons, which amounted to X% of total imports. It was distantly followed by the Czech Republic (X tons), committing a X% share of total imports. France (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest tantalum importing markets in the European Union were Germany ($X), the Czech Republic ($X) and France ($X), together accounting for X% of total imports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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