Report Update Nov 1, 2024

United Arab Emirates - Tantalum - Market Analysis, Forecast, Size, Trends and Insights

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United Arab Emirates: Tantalum Market 2024

Tantalum Market Size in the United Arab Emirates

In 2022, the tantalum market in the United Arab Emirates decreased by -25.1% to $X for the first time since 2011, thus ending a ten-year rising trend. In general, consumption continues to indicate a strong expansion. As a result, consumption attained the peak level of $X, and then shrank rapidly in the following year.

Tantalum Production in the United Arab Emirates

In value terms, tantalum production expanded to $X in 2022 estimated in export price. In general, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.5% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 30% against the previous year. Tantalum production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Tantalum Exports

Exports from the United Arab Emirates

In 2022, approx. X kg of tantalum were exported from the United Arab Emirates; reducing by -18.3% on 2021 figures. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 2,678% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, tantalum exports dropped sharply to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 3,793% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Iran (X kg) was the main destination for tantalum exports from the United Arab Emirates, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Iran stood at +47.6%.

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

From 2012 to 2022, the average annual rate of growth in terms of value to Iran amounted to +57.5%.

Export Prices by Country

In 2022, the average tantalum export price amounted to $X per ton, rising by 2.6% against the previous year. In general, the export price enjoyed a strong increase. The pace of growth was the most pronounced in 2016 an increase of 73% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +6.7% per year.

Tantalum Imports

Imports into the United Arab Emirates

For the third year in a row, the United Arab Emirates recorded growth in supplies from abroad of tantalum, which increased by 7.2% to X tons in 2022. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 124%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, tantalum imports declined dramatically to $X in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 100%. As a result, imports reached the peak of $X, and then reduced notably in the following year.

Imports by Country

In 2022, Hong Kong SAR (X tons) was the main tantalum supplier to the United Arab Emirates, with a 100% share of total imports. It was followed by India (X kg), with a 0.1% share of total imports. The third position in this ranking was held by the United States (X kg), with less than 0.1% share.

From 2020 to 2022, the average annual rate of growth in terms of volume from Hong Kong SAR stood at +623.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-89.3% per year) and the United States (-97.0% per year).

In value terms, Hong Kong SAR ($X) constituted the largest supplier of tantalum to the United Arab Emirates, comprising 100% of total imports. The second position in the ranking was taken by India ($X), with a 0.1% share of total imports. It was followed by the United States, with less than 0.1% share.

From 2020 to 2022, the average annual rate of growth in terms of value from Hong Kong SAR stood at +407.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-96.2% per year) and the United States (-98.3% per year).

Import Prices by Country

In 2022, the average tantalum import price amounted to $X per ton, falling by -30% against the previous year. Over the period under review, the import price faced a significant decrease. The most prominent rate of growth was recorded in 2021 a decrease of -10.6% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 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 Hong Kong SAR ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-29.9%), while the prices for the other major suppliers experienced a decline.

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, together comprising 49% 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, together comprising 48% of global production.

What are the leading suppliers of tantalum to the United Arab Emirates?

In value terms, Hong Kong SAR constituted the largest supplier of tantalum to the United Arab Emirates, comprising 99% of total imports. The second position in the ranking was occupied by India $141), with a 0.5% share of total imports.

What are the leading importers of tantalum from the United Arab Emirates?

In value terms, Iran remains the key foreign market for tantalum exports from the United Arab Emirates.

What is the average export price for tantalum in the United Arab Emirates?

The average tantalum export price stood at $470,593 per ton in 2021, declining by -20.4% against the previous year.

What is the average import price for tantalum in the United Arab Emirates?

The average tantalum import price stood at $294,489 per ton in 2021, leveling off at the previous year.

This report provides an in-depth analysis of the tantalum market in the United Arab Emirates. 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:

United Arab Emirates

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the United Arab Emirates
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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