Tantalum is a rare transition metal that is highly resistant to corrosion and has important applications in electronic equipment. In 2024, the price of tantalum was approximately 170 U.S. dollars per kilogram of Ta2O5 content.

During the last quarter of 2024, the tantalum prices in the USA reached 1,94,175 USD/MT (H2 2024 Avg Price) (Tantalum Conc. Ta2O5 32%) in December. As per the tantalum price chart, the prices slightly increased by around 2.52% compared to the same quarter of last year. A critical factor contributing to the price fluctuations was higher freight rates and small signs of demand recovery from the superalloys sector.

Explore IMARC’s newly published report, titled “Tantalum Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of tantalum pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

The Nigerien tantalum market expanded significantly to $47M in 2024, increasing by 8.2% against the previous year. In general, the total consumption indicated a remarkable increase from 2012 to 2024: its value increased at an average annual rate of +9.1% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -7.1% against 2022 indices.

In 2023, after three years of growth, there was significant decline in overseas purchases of tantalum, when their volume decreased by -6.1% to 27 tons.

Explore the dynamic tantalum market, crucial for electronics due to its heat resistance. Discover how factors like supply chain issues, demand for electric vehicles, and recycling efforts impact tantalum prices, which have ranged from $150 to $250 per pound. Stay informed with specialized commodity reports for the latest trends and pricing.

The African tantalum market rose notably to $447M in 2024, surging by 6.5% against the previous year. The total consumption indicated resilient growth from 2012 to 2024: its value increased at an average annual rate of +10.2% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -5.9% against 2022 indices.

166 Global import shipment records of Tantalite Ore with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The Ethiopian tantalum market rose markedly to $6.8M in 2024, with an increase of 9.7% against the previous year. Over the period under review, consumption, however, showed a abrupt shrinkage. Tantalum consumption peaked at $14M in 2012; however, from 2013 to 2024, consumption failed to regain momentum.

382 Global import shipment records of Tantalum with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Tantalum imports into South Africa declined significantly to 4 kg in 2023, falling by -84.6% against the previous year.

The global tantalum (Ta) evaporation material market is experiencing robust growth, driven by the increasing demand for advanced semiconductor devices and other high-tech applications. While the exact market size for 2025 isn't provided, a reasonable estimation, considering typical market sizes for specialized materials and a plausible CAGR (let's assume a CAGR of 8% for illustrative purposes, which is within the range for high-growth technology markets), suggests a market valuation around $500 million USD in 2025. This growth is projected to continue throughout the forecast period (2025-2033), with the market potentially exceeding $1 billion USD by 2033, depending on the actual CAGR and technological advancements. Key drivers include the miniaturization of electronics, the rising adoption of 5G technology, and the expansion of the automotive electronics sector, all of which necessitate high-purity tantalum evaporation materials for optimal performance. Further growth is fueled by the ongoing research and development efforts in various applications, including advanced displays and optical devices. The market segmentation reveals a diverse landscape, with granular, wire, block, and pellet types dominating the material forms. Semiconductor deposition remains the primary application area, followed by chemical vapor deposition and physical vapor deposition processes. The geographical distribution reflects the concentration of advanced manufacturing hubs, with North America, Europe, and Asia Pacific representing the major regional markets. While the exact regional market shares are unknown, a reasonable assumption would be a significant share held by Asia Pacific due to the high concentration of semiconductor manufacturing facilities in the region. Competitive dynamics are shaped by a mix of established players and emerging regional manufacturers, suggesting potential consolidation and strategic partnerships in the coming years. Challenges to market growth may include supply chain constraints related to tantalum sourcing and fluctuations in raw material prices.

In 2023, purchases abroad of tantalum decreased by -56% to 321 tons for the first time since 2019, thus ending a three-year rising trend.

The tantalum recycling services market is experiencing robust growth, driven by increasing demand for tantalum in electronics and other high-tech applications, coupled with growing environmental concerns and stricter regulations regarding e-waste management. The market size in 2025 is estimated at $500 million, exhibiting a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033. This signifies a substantial market expansion, projected to reach approximately $1.5 billion by 2033. Key drivers include the rising production of electronic devices, the increasing scarcity of primary tantalum sources, and a heightened focus on sustainable resource management. Furthermore, advancements in recycling technologies, particularly in the wet method, are enhancing the efficiency and cost-effectiveness of tantalum recovery. The market is segmented by recycling method (fire and wet) and application (recycle and reuse), with the wet method currently dominating due to its superior recovery rates. Major players such as Umicore, Tantalum Recycling, and others are actively investing in research and development to further improve their recycling processes and expand their market share. Geographical growth is expected to be strong in regions with high electronics manufacturing and consumption, notably in North America and Asia-Pacific. The growth trajectory of the tantalum recycling services market is promising, influenced by a convergence of factors. The escalating demand for tantalum in diverse applications, ranging from capacitors to medical devices, necessitates efficient and sustainable supply chains. The inherent limitations of primary tantalum mining, in terms of both environmental impact and geopolitical considerations, further enhance the appeal of recycling. Market restraints include the relatively complex and costly nature of tantalum extraction from recycled materials, necessitating continuous technological advancements to lower costs and improve efficiency. However, government regulations promoting e-waste management and the increasing awareness of responsible sourcing are acting as powerful catalysts. The emergence of innovative recycling technologies combined with increased investment from key industry players should ensure sustained market growth throughout the forecast period.

Explore the factors influencing tantalum metal prices, crucial for electronics, due to demand fluctuations, geopolitical conditions, and supply chain challenges. Understand the impact of technological innovation on market dynamics and price predictions as of October 2023.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

308 Global import shipment records of Tantalum Metal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Tantalum Price in Croatia - 2022. Find the latest marketing data on the IndexBox platform.

215 Global export shipment records of Tantalum Scrap with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The South African tantalum market fell notably to $9.4K in 2024, shrinking by -50.6% against the previous year. In general, consumption continues to indicate a deep contraction. Over the period under review, the market reached the maximum level at $27K in 2012; however, from 2013 to 2024, consumption failed to regain momentum.

Tantalum exports from Japan declined dramatically to 112 tons in 2023, waning by -28.6% on 2022 figures.