Report Update Nov 1, 2024

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

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Turkey: Tantalum Market 2024

Tantalum Market Size in Turkey

In 2022, the Turkish tantalum market decreased by -56.6% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate buoyant growth. Tantalum consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Tantalum Exports

Exports from Turkey

After two years of growth, overseas shipments of tantalum decreased by -50% to X kg in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 100%. As a result, the exports reached the peak of X kg, and then declined remarkably in the following year.

In value terms, tantalum exports declined markedly to $X in 2022. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 2,773%. As a result, the exports reached the peak of $X, and then contracted significantly in the following year.

Exports by Country

Bulgaria (X kg), Poland (X kg) and the Netherlands (X kg) were the main destinations of tantalum exports from Turkey, with a combined 75% share of total exports.

From 2020 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tantalum exported from Turkey were the Netherlands ($X), Germany ($X) and Poland ($X), with a combined 86% share of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of 0.0%, saw the highest growth rate of 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, waning by -66.6% against the previous year. In general, the export price, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 1,337%. As a result, the export price attained the peak level of $X per ton, and then reduced remarkably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Bulgaria ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+8,017.5%).

Tantalum Imports

Imports into Turkey

In 2022, after two years of growth, there was significant decline in supplies from abroad of tantalum, when their volume decreased by -53.8% to X kg. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 533%. Over the period under review, imports attained the maximum at X kg in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, tantalum imports dropped rapidly to $X in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 719%. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank notably in the following year.

Imports by Country

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

From 2013 to 2022, the average annual growth rate of volume from China totaled +61.9%.

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

From 2013 to 2022, the average annual rate of growth in terms of value from China amounted to +85.1%.

Import Prices by Country

The average tantalum import price stood at $X per ton in 2022, waning by -35.7% against the previous year. Over the period under review, the import price, however, enjoyed significant growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 235% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 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 China.

From 2013 to 2022, the rate of growth in terms of prices for Japan amounted to +326.3% 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. The United States, Japan, Kazakhstan, Nigeria, El Salvador, Mexico, Indonesia, Brazil, Australia and Israel lagged somewhat behind, together comprising 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 Turkey?

In value terms, the United States constituted the largest supplier of tantalum to Turkey, comprising 53% of total imports. The second position in the ranking was occupied by Japan, with an 18% share of total imports. It was followed by Hong Kong SAR, with a 13% share.

What are the leading importers of tantalum from Turkey?

In value terms, Pakistan remains the key foreign market for tantalum exports from Turkey, comprising 75% of total exports. The second position in the ranking was occupied by Croatia $509), with a 16% share of total exports. It was followed by the UK, with an 8% share.

What is the average export price for tantalum in Turkey?

The average tantalum export price stood at $456,571 per ton in 2021, jumping by 723% against the previous year.

What is the average import price for tantalum in Turkey?

The average tantalum import price stood at $206,067 per ton in 2021, declining by -51.1% against the previous year.

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

Turkey

Data coverage:

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