The United States leads the global export of unwrought tantalum and related products with significant growth, although modest, at 0.75% in 2023. Thailand maintains a strong position with a 1.25% increase. Japan and China show declines of 6.23% and 4.07% respectively. Smaller economies like Singapore surged with a 42.82% increase, indicating shifting trade dynamics. Canada and Italy reported remarkable growth, at 18.88% and 41.05%, respectively. The United Kingdom suffered a significant decline of 32.11%. The overall market shows varied trends with growth in some areas, but larger declines in traditional markets like Europe and advanced Asian economies.
Future trends to watch include:
- Potential shift in export strategies by developed economies like the U.S. to maintain leadership.
- Emergence of new players, such as Singapore, which are likely to gain more market share if growth sustains.
- Technology and regulatory changes to influence exports, particularly in Asia and Europe where high-tech manufacturing is significant.
Top countries in Export of Unwrought Tantalum, Including Bars, Rods Simply Sintered, Scrap Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 38.32 | 2023 | +1.57% | +0.75% | View data |
| 2 | 2 Thailand | 15.08 | 2023 | +2.47% | +1.25% | View data |
| 3 | 3 Japan | 14.2 | 2023 | -2.02% | -6.23% | View data |
| 4 | 4 China | 12.81 | 2023 | -2% | -4.07% | View data |
| 5 | 5 Kazakhstan | 5.36 | 2023 | -2.88% | -2.08% | View data |
| 6 | 6 Estonia | 3.27 | 2023 | +1.95% | +0.032% | View data |
| 7 | 7 South Korea | 2.35 | 2023 | +4.19% | +4.56% | View data |
| 8 | 8 Indonesia | 1.88 | 2023 | +2.95% | +2.82% | View data |
| 9 | 9 Singapore | 0.94 | 2023 | +2.98% | +42.82% | View data |
| 10 | 10 Czech Republic | 0.68 | 2023 | -31.33% | -19.84% | View data |
