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 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.

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 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.

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.

In 2023, the amount of tantalum exported from Ethiopia soared to 16 tons, jumping by 679% on the year before.

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.

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.

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.

1285 Global import shipment records of Tantalum Capacitors with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

In 2023, approx. 20 tons of tantalum were imported into Russia; waning by -14.6% on the year before.

After three years of growth, the EU tantalum market decreased by -22.4% to $269M in 2024. In general, consumption, however, enjoyed a resilient expansion. The level of consumption peaked at $346M in 2023, and then shrank rapidly in the following year.

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

The Kenyan tantalum market rose rapidly to $48K in 2024, growing by 6.5% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $51K. From 2023 to 2024, the growth of the market failed to regain momentum.

In 2024, the Pakistani tantalum market increased by 6.3% to $671, rising for the second year in a row after four years of decline. Over the period under review, consumption showed a drastic downturn. Tantalum consumption peaked at $1.8K in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.

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.

In 2023, imports of tantalum into South Korea surged to 3 tons, jumping by 81% against 2022.