The Nigerien tantalum market amounted to $69M in 2024, surging by 1.7% against the previous year. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2024: its value increased at an average annual rate of +9.0% 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 -1.6% against 2022 indices.

The African tantalum market reached $558M in 2024, flattening at the previous year. The total consumption indicated strong growth from 2012 to 2024: its value increased at an average annual rate of +9.2% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +19.5% against 2020 indices.

In March 2025, the average tantalum import price amounted to $310K per ton, declining by -54.5% against the previous month.

Explore the fluctuating tantalum prices influenced by market demand, geopolitical stability, and ethical sourcing. Key insights on its industrial use, trading forms, and importance in electronics and aerospace industries are discussed. Learn why staying updated with market reports is crucial for stakeholders.

The average tantalum import price stood at $466K per ton in May 2025, surging by 8.5% against the previous month.

After three years of growth, the Pakistani tantalum market decreased by -5.6% to $41K in 2024. In general, consumption posted a prominent increase. Over the period under review, the market reached the maximum level at $44K in 2023, and then dropped in the following year.

For the tenth consecutive year, the Nepalese tantalum market recorded growth in sales value, which increased by 0% to less than $0.1 in 2024. In general, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with a decrease of 99.9% against the previous year. Tantalum consumption peaked at $532 in 2013; however, from 2014 to 2024, consumption remained at a lower figure.

The Europe tantalum market totaled $444M in 2024, growing by 9.2% against the previous year. Over the period under review, consumption, however, recorded a buoyant expansion. Over the period under review, the market attained the peak level in 2024 and is likely to see steady growth in the immediate term.

Explore the complexities of the tantalum market, including its crucial role in electronics, the absence of LME trading, and factors influencing its price such as supply dynamics, demand from burgeoning industries, and geopolitical factors.

The article discusses the increasing demand for tantalum in the GCC region, projecting a continuous upward consumption trend over the next decade. Market performance is expected to grow at a slower pace, with a forecasted CAGR of +0.8% from 2024 to 2035. By the end of 2035, the market volume is estimated to reach 9.8 tons, while the market value is projected to increase to $2.5M in nominal prices.

After three years of growth, the Kenyan tantalum market decreased by -0.1% to $71K in 2024. Overall, consumption continues to indicate a relatively flat trend pattern. Tantalum consumption peaked at $71K in 2023, and then dropped modestly in the following year.

After three years of decline, the Malaysian tantalum market increased by 104% to $1.5M in 2024. In general, consumption continues to indicate a resilient expansion. Over the period under review, the market reached the peak level at $3.5M in 2018; however, from 2019 to 2024, consumption remained at a lower figure.

In 2024, after two years of growth, there was significant decline in the Indian tantalum market, when its value decreased by -46.9% to $421K. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $1.6M. From 2016 to 2024, the growth of the market remained at a somewhat lower figure.

In April 2025, the average tantalum export price amounted to $647K per ton, picking up by 2.1% against the previous month.

The South African tantalum market declined slightly to $204K in 2024, with a decrease of -4.7% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $225K in 2012; however, from 2013 to 2024, consumption failed to regain momentum.

In 2024, the global tantalum market decreased by -1.3% to $1.5B, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +3.5% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $1.6B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

For the seventh year in a row, the Algerian tantalum market recorded growth in sales value, which increased by 0% to less than $0.1 in 2024. Overall, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with a decrease of 99.9% against the previous year. Over the period under review, the market attained the maximum level at $120 in 2016; however, from 2017 to 2024, consumption stood at a somewhat lower figure.

Explore the fluctuating dynamics of tantalum's spot price, a crucial marker in the electronics industry influenced by supply-demand factors, geopolitical scenarios, ethical sourcing, and technological advancements.

In value terms, tantalum imports totaled $774M in 2016. In general, tantalum imports continue to indicate a noticeable growth. Global tantalum import peaked of $1.2B in 2012, however, from 2013 to 201...

The French tantalum market reduced remarkably to $522K in 2024, falling by -97.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a abrupt setback. As a result, consumption reached the peak level of $40M. From 2022 to 2024, the growth of the market remained at a lower figure.