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Report Latin America and the Caribbean - Tantalum - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Latin America and the Caribbean - Tantalum - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Tantalum Market 2024

Tantalum Market Size in Latin America and the Caribbean

The Latin American tantalum market dropped markedly to $X in 2022, which is down by -24.8% against the previous year. Over the period under review, consumption recorded a noticeable slump. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Tantalum Production in Latin America and the Caribbean

In value terms, tantalum production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 37%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Tantalum Exports

Exports in Latin America and the Caribbean

Tantalum exports reduced notably to X kg in 2022, which is down by -50.1% compared with the year before. In general, exports faced a dramatic decline. The pace of growth appeared the most rapid in 2017 with an increase of 626%. 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 reduced markedly to $X in 2022. Overall, exports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2015 when exports increased by 469%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

El Salvador dominates exports structure, finishing at X kg, which was near 98% of total exports in 2022. Brazil (X kg) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to tantalum exports from El Salvador stood at -27.2%. Brazil (-26.6%) illustrated a downward trend over the same period. While the share of El Salvador (+98 p.p.) and Brazil (+1.8 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, El Salvador ($X) remains the largest tantalum supplier in Latin America and the Caribbean, comprising 95% of total exports. The second position in the ranking was held by Brazil ($X), with a 5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in El Salvador amounted to -28.5%.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, shrinking by -9.8% against the previous year. Over the period under review, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2016 an increase of 72% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while El Salvador totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.3%).

Tantalum Imports

Imports in Latin America and the Caribbean

In 2022, tantalum imports in Latin America and the Caribbean declined to X tons, falling by -13.9% against 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 100%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, tantalum imports fell rapidly to $X in 2022. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 91%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, El Salvador (X tons) represented the key importer of tantalum in Latin America and the Caribbean, achieving 100% of total import.

El Salvador was also the fastest-growing in terms of the tantalum imports, with a CAGR of +13.1% from 2012 to 2022. While the share of El Salvador (+73 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, El Salvador ($X) constitutes the largest market for imported tantalum in Latin America and the Caribbean.

From 2012 to 2022, the average annual growth rate of value in El Salvador amounted to +12.9%.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, with a decrease of -26.7% against the previous year. Overall, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 10% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for El Salvador.

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to -0.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were El Salvador, Mexico and Brazil, together comprising 100% of total consumption.
The country with the largest volume of tantalum production was Brazil, accounting for 99% of total volume.
In value terms, Mexico remains the largest tantalum supplier in Latin America and the Caribbean, comprising 66% of total exports. The second position in the ranking was occupied by El Salvador, with a 31% share of total exports.
In value terms, the largest tantalum importing markets in Latin America and the Caribbean were Mexico and El Salvador.
The export price in Latin America and the Caribbean stood at $168,032 per ton in 2021, falling by -15.9% against the previous year.
In 2021, the import price in Latin America and the Caribbean amounted to $436,227 per ton, picking up by 39% against the previous year.

This report provides an in-depth analysis of the tantalum market in Latin America and the Caribbean. 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:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Production in Latin America and the Caribbean, split by region and country
    • Trade (exports and imports) in Latin America and the Caribbean
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 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. 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. 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. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • Anguilla
      • Antigua and Barbuda
      • Argentina
      • Aruba
      • Bahamas
      • Barbados
      • Belize
      • Bolivia
      • Brazil
      • British Virgin Islands
      • Cayman Islands
      • Chile
      • Colombia
      • Costa Rica
      • Cuba
      • Curacao
      • Dominica
      • Dominican Republic
      • Ecuador
      • El Salvador
      • Falkland Islands (Malvinas)
      • French Guiana
      • Grenada
      • Guadeloupe
      • Guatemala
      • Guyana
      • Haiti
      • Honduras
      • Jamaica
      • Martinique
      • Mexico
      • Montserrat
      • Nicaragua
      • Panama
      • Paraguay
      • Peru
      • Saint Kitts and Nevis
      • Saint Lucia
      • Saint Vincent and the Grenadines
      • Saint Maarten (Dutch part)
      • Suriname
      • Trinidad and Tobago
      • Turks and Caicos Islands
      • United States Virgin Islands
      • Uruguay
      • Venezuela
      • Puerto Rico

    12. 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

    13. 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

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