Price for Tantalum; Waste and Scrap in India - 2023

Contents:

  1. Price for Tantalum; Waste and Scrap in India (FOB) - 2022
  2. Price for Tantalum; Waste and Scrap in India (CIF) - 2022
  3. Exports of Tantalum; Waste and Scrap in India
  4. Imports of Tantalum; Waste and Scrap in India

Price for Tantalum; Waste and Scrap in India (FOB) - 2022

The average tantalum; waste and scrap export price stood at $169,400 per ton in 2022, shrinking by -4.9% against the previous year. Overall, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2014 an increase of 58%. As a result, the export price attained the peak level of $272,756 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +17.7% per year.

Price for Tantalum; Waste and Scrap in India (CIF) - 2022

In 2022, the average tantalum; waste and scrap import price amounted to $69,587 per ton, growing by 7.3% against the previous year. Overall, the import price enjoyed a prominent increase. The growth pace was the most rapid in 2013 an increase of 783% against the previous year. Over the period under review, average import prices hit record highs at $119,700 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($471,818 per ton), while the price for Ireland ($17,551 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+15.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Tantalum; Waste and Scrap in India

Tantalum; waste and scrap exports from India dropped sharply to 5 kg in 2022, which is down by -99.8% on 2021. Over the period under review, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 74% against the previous year.

In value terms, tantalum; waste and scrap exports declined significantly to $847 in 2022. In general, exports faced a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 96%.

Export of Tantalum; Waste and Scrap in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark2.10.51.10.8-27.5%
Hong Kong SAR14.815.418.5N/A11.8%
Japan15011666.8N/A-33.3%
Germany46066.9176N/A-38.1%
United Kingdom21.913.86.5N/A-45.5%
United States24.63.75.2N/A-54.0%
Others46567.3282N/A-22.1%
Total1,1382835560.8-91.1%

Top Export Markets for Tantalum; Waste and Scrap from India in 2022:

  1. Denmark (5.0 kg)

Imports of Tantalum; Waste and Scrap in India

In 2022, imports of tantalum; waste and scraps into India soared to 586 kg, picking up by 63% against 2021 figures. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 148%. As a result, imports reached the peak of 707 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, tantalum; waste and scrap imports skyrocketed to $41K in 2022. Overall, imports posted buoyant growth.

Import of Tantalum; Waste and Scrap in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.730.213.321.4132.6%
Malaysia1.326.46.510.4100.0%
IrelandN/AN/AN/A4.10%
United Kingdom0.11.70.40.791.3%
KuwaitN/AN/A3.0N/A0%
Netherlands15.1N/AN/AN/A0%
Others15.1N/AN/A4.1-35.2%
Total33.358.323.340.87.0%

Top Suppliers of Tantalum; Waste and Scrap to India in 2022:

  1. United States (317.0 kg)
  2. Ireland (236.0 kg)
  3. Malaysia (22.0 kg)
  4. United Kingdom (4.0 kg)

Source: IndexBox Market Intelligence Platform

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