Report Update Nov 1, 2024

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

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Mexico: Tantalum Market 2024

Tantalum Market Size in Mexico

The Mexican tantalum market declined significantly to $X in 2022, which is down by -98.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a sharp slump. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Tantalum Exports

Exports from Mexico

In 2015, after two years of decline, there was significant growth in shipments abroad of tantalum, when their volume increased by 829% to X tons. Over the period under review, exports, however, saw a abrupt decrease. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2015, the exports failed to regain momentum.

In value terms, tantalum exports skyrocketed to $X in 2015. In general, exports, however, continue to indicate a slight downturn. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2015, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for tantalum exports from Mexico, with a approx. 100% share of total exports.

From 2012 to 2015, the average annual rate of growth in terms of volume to the United States amounted to -14.1%.

In value terms, the United States ($X) also remains the key foreign market for tantalum exports from Mexico.

From 2012 to 2015, the average annual rate of growth in terms of value to the United States stood at -1.6%.

Export Prices by Country

The average tantalum export price stood at $X per ton in 2015, increasing by 23% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2015: its price increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2015 figures, tantalum export price increased by +50.4% against 2012 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2015, the rate of growth in terms of prices for Japan amounted to +108.7% per year.

Tantalum Imports

Imports into Mexico

Tantalum imports into Mexico dropped significantly to X kg in 2022, waning by -98.9% compared with the previous year. Over the period under review, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 158%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, tantalum imports fell significantly to $X in 2022. In general, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 202%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X kg) was the main tantalum supplier to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -37.3%.

In value terms, China ($X) constituted the largest supplier of tantalum to Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -37.2%.

Import Prices by Country

The average tantalum import price stood at $X per ton in 2022, jumping by 26% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tantalum in the world?

The countries with the highest volumes of in 2021 were Democratic Republic of the Congo, Germany and Rwanda, with a combined 49% share of global consumption. These countries were followed by the United States, Japan, Kazakhstan, Nigeria, El Salvador, Mexico, Indonesia, Brazil, Australia and Israel, which together accounted for a further 42%.

What are the largest producers of tantalum in the world?

The countries with the highest volumes of in 2021 were Democratic Republic of the Congo, Germany and Rwanda, with a combined 48% share of global production.

What are the leading suppliers of tantalum to Mexico?

In value terms, the United States constituted the largest supplier of tantalum to Mexico.

What are the leading importers of tantalum from Mexico?

In value terms, the United States remains the key foreign market for tantalum exports from Mexico.

What is the average export price for tantalum in Mexico?

In 2021, the average tantalum export price amounted to $256,518 per ton, dropping by -21.7% against the previous year.

What is the average import price for tantalum in Mexico?

The average tantalum import price stood at $514,636 per ton in 2021, picking up by 120% against the previous year.

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

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
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