Price for Tantalum; Waste and Scrap in Germany - 2023
Contents:
- Price for Tantalum; Waste and Scrap in Germany (CIF) - 2023
- Imports of Tantalum; Waste and Scrap in Germany
Price for Tantalum; Waste and Scrap in Germany (CIF) - 2023
In July 2023, the average tantalum; waste and scrap import price amounted to $165K per ton, dropping by -63.5% against the previous month. Overall, the import price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in April 2023 when the average import price increased by 251% against the previous month. Over the period under review, average import prices hit record highs at $451K per ton in June 2023, and then contracted significantly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Kazakhstan ($1.1M per ton), while the price for the United States ($77,349 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Tantalum; Waste and Scrap in Germany
In 2022, approx. 91 tons of tantalum; waste and scraps were imported into Germany; which is down by -12.9% compared with the previous year. Over the period under review, imports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year.
In value terms, tantalum; waste and scrap imports stood at $20M in 2022. In general, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Tantalum; Waste and Scrap in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.9 | 1.8 | 3.8 | 3.4 | 21.4% |
| Kyrgyzstan | 0.9 | 0.8 | 1.7 | 3.0 | 49.4% |
| Austria | 6.8 | 2.4 | 3.4 | 2.4 | -29.3% |
| India | 0.5 | 0.1 | 1.0 | 2.2 | 63.9% |
| Poland | 0.4 | 0.6 | 1.0 | 2.0 | 71.0% |
| United States | 2.5 | 1.2 | 0.5 | 1.6 | -13.8% |
| South Korea | 1.0 | 0.8 | 1.5 | 1.2 | 6.3% |
| Kazakhstan | N/A | N/A | 0.4 | 0.9 | 125.0% |
| China | N/A | 0.4 | 1.0 | 0.8 | 41.4% |
| United Kingdom | 1.2 | 0.5 | 0.3 | 0.4 | -30.7% |
| Russia | N/A | 0.4 | 1.7 | 0.2 | -29.3% |
| Mexico | 0.7 | 1.7 | N/A | N/A | 142.9% |
| Ukraine | 0.9 | 0.2 | N/A | N/A | -77.8% |
| Others | 1.4 | 1.8 | 1.6 | 2.0 | 12.6% |
| Total | 18.0 | 12.8 | 17.7 | 20.0 | 3.6% |
Top Suppliers of Tantalum; Waste and Scrap to Germany in 2022:
- Japan (21.1 tons)
- Kyrgyzstan (10.2 tons)
- India (9.7 tons)
- Austria (8.9 tons)
- United States (8.3 tons)
- Poland (7.3 tons)
- South Korea (5.6 tons)
- Kazakhstan (4.1 tons)
- China (2.6 tons)
- United Kingdom (1.6 tons)
- Russia (1.1 tons)
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