Report Update Nov 1, 2024

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

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Estonia: Tantalum Market 2024

Tantalum Market Size in Estonia

After two years of growth, the Estonian tantalum market decreased by -88.3% to $X in 2022. Overall, consumption recorded a drastic downturn. As a result, consumption reached the peak level of $X, and then dropped markedly in the following year.

Tantalum Production in Estonia

In value terms, tantalum production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2018 when the production volume increased by 19% against the previous year. Tantalum production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Tantalum Exports

Exports from Estonia

Tantalum exports from Estonia dropped sharply to X tons in 2022, shrinking by -18.9% on the year before. Overall, exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2018 when exports increased by 721% against the previous year. The exports peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, tantalum exports surged to $X in 2022. In general, exports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2018 when exports increased by 949%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

The United States (X tons), Austria (X tons) and the UK (X tons) were the main destinations of tantalum exports from Estonia, together comprising 88% of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +38.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), the United States ($X) and Germany ($X) appeared to be the largest markets for tantalum exported from Estonia worldwide, together comprising 91% of total exports.

In terms of the main countries of destination, Austria, with a CAGR of +46.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tantalum export price stood at $X per ton in 2022, increasing by 53% against the previous year. In general, the export price, however, continues to indicate a noticeable slump. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+10.6%), while the prices for the other major destinations experienced a decline.

Tantalum Imports

Imports into Estonia

In 2022, purchases abroad of tantalum increased by 25,358% to X tons, rising for the second year in a row after two years of decline. Overall, imports showed resilient growth. The pace of growth appeared the most rapid in 2016 when imports increased by 150,200% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, tantalum imports skyrocketed to $X in 2022. Over the period under review, imports saw a buoyant increase. The growth pace was the most rapid in 2016 when imports increased by 158,088%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest tantalum supplier to Estonia, accounting for a 64% share of total imports. Moreover, tantalum imports from Russia exceeded the figures recorded by the second-largest supplier, the United States (X kg), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled +65,100.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.7% per year) and China (+29,900.0% per year).

In value terms, Russia ($X) constituted the largest supplier of tantalum to Estonia, comprising 64% of total imports. The second position in the ranking was held by the United States ($X), with a 31% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Russia stood at +95,880.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+6.1% per year) and China (+3,397,600.0% per year).

Import Prices by Country

The average tantalum import price stood at $X per ton in 2022, increasing by 106% against the previous year. In general, the import price recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11,225.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the tantalum market in Estonia. 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:

Estonia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Estonia
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023