Report Update Nov 1, 2024

CIS - Tantalum - Market Analysis, Forecast, Size, Trends and Insights

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CIS: Tantalum Market 2024

Tantalum Market Size in CIS

After two years of decline, the CIS tantalum market increased by 0.4% to $X in 2022. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Tantalum Production in CIS

In value terms, tantalum production reached $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 9.8% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Tantalum Exports

Exports in CIS

In 2022, after two years of growth, there was significant decline in overseas shipments of tantalum, when their volume decreased by -9.7% to X tons. In general, exports saw a noticeable descent. The most prominent rate of growth was recorded in 2020 when exports increased by 61% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, tantalum exports contracted markedly to $X in 2022. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2020 when exports increased by 63% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan dominates exports structure, resulting at X tons, which was approx. 94% of total exports in 2022. It was distantly followed by Russia (X tons), comprising a 6% share of total exports.

Exports from Kazakhstan decreased at an average annual rate of -3.1% from 2012 to 2022. At the same time, Russia (+29.3%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +29.3% from 2012-2022. From 2012 to 2022, the share of Russia increased by +5.6 percentage points.

In value terms, Kazakhstan ($X) remains the largest tantalum supplier in the CIS, comprising 95% of total exports. The second position in the ranking was held by Russia ($X), with a 5% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan totaled -6.7%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, which is down by -14.2% against the previous year. Overall, the export price showed a noticeable contraction. The pace of growth appeared the most rapid in 2019 an increase of 15% 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 stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Russia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-0.7%).

Tantalum Imports

Imports in CIS

Tantalum imports skyrocketed to X tons in 2022, increasing by 202% compared with the year before. Over the period under review, imports, however, showed a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of 229% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, tantalum imports surged to $X in 2022. In general, imports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 276%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) was the main importer of tantalum, comprising 75% of total imports. It was distantly followed by Kazakhstan (X tons), constituting a 25% share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of tantalum. Kazakhstan (-14.3%) illustrated a downward trend over the same period. Russia (+35 p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by -34.8% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported tantalum in the CIS, comprising 73% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 27% share of total imports.

In Russia, tantalum imports plunged by an average annual rate of -3.0% over the period from 2012-2022.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, shrinking by -21.9% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 46% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+4.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tantalum in the CIS?

Kazakhstan constituted the country with the largest volume of tantalum consumption, comprising approx. 83% of total volume. Moreover, tantalum consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Russia, fivefold.

What are the largest producers of tantalum in the CIS?

Kazakhstan constituted the country with the largest volume of tantalum production, accounting for 82% of total volume. Moreover, tantalum production in Kazakhstan exceeded the figures recorded by the second-largest producer, Russia, fivefold.

What are the leading suppliers of tantalum in the CIS?

In value terms, Kazakhstan remains the largest tantalum supplier in the CIS, comprising 85% of total exports. The second position in the ranking was occupied by Russia, with a 15% share of total exports.

What are the leading importers of tantalum in the CIS?

In value terms, Russia constitutes the largest market for imported tantalum in the CIS, comprising 88% of total imports. The second position in the ranking was occupied by Kazakhstan, with a 12% share of total imports.

What is the average export price for tantalum in the CIS?

In 2021, the export price in the CIS amounted to $231,328 per ton, rising by 12% against the previous year.

What is the average import price for tantalum in the CIS?

In 2021, the import price in the CIS amounted to $505,623 per ton, rising by 35% against the previous year.

This report provides an in-depth analysis of the tantalum market in CIS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Armenia
Azerbaijan
Belarus
Kazakhstan
Kyrgyzstan
Moldova
Russia
Tajikistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in CIS, split by region and country
Trade (exports and imports) in CIS
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023