The United States leads global tantalum imports with a share of 36.24%, followed by Indonesia at 12.21%, and South Korea at 9.81%. China, Germany, and El Salvador follow with significant contributions as well. Over the past year, Canada exhibited the highest increase in imports at 18.22%, while Mexico saw the most significant decline at -24.16%. Other notable year-on-year increases were in Costa Rica (8.16%) and Switzerland (6.49%), with major declines in Greece (-21.73%) and South Africa (-19.96%).
In analyzing trends over the last five years, a steady shift can be observed with emerging markets like the United Arab Emirates showing considerable increase, while traditional markets such as Belgium and Germany face declines. Looking ahead, key trends to watch include the impacts of geopolitical tensions, technological advancements in electronics, and the ongoing diversification of supply chains.
Top countries in Import of Tantalum Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 36.24 | 2023 | +2.89% | +1.78% | View data |
| 2 | 2 Indonesia | 12.21 | 2023 | +4.07% | +4.55% | View data |
| 3 | 3 South Korea | 9.81 | 2023 | +3.57% | +3.59% | View data |
| 4 | 4 China | 9.33 | 2023 | +1.7% | +0.047% | View data |
| 5 | 5 Germany | 4.9 | 2023 | -0.3% | -1.85% | View data |
| 6 | 6 El Salvador | 4.2 | 2023 | +0.037% | -6.39% | View data |
| 7 | 7 Japan | 3.74 | 2023 | -4.19% | -4.92% | View data |
| 8 | 8 Israel | 3.24 | 2023 | -1.79% | -3.33% | View data |
| 9 | 9 United Kingdom | 2.7 | 2023 | -4.27% | -7.78% | View data |
| 10 | 10 Kazakhstan | 1.75 | 2023 | +1.09% | -0.51% | View data |
