Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Ireland - 2023

Contents:

  1. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Ireland (CIF) - 2023
  2. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Ireland (FOB) - 2022
  3. Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Ireland
  4. Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Ireland

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Ireland (CIF) - 2023

The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $8,048 per ton in November 2023, therefore, remained relatively stable against the previous month. In general, the import price, however, saw a slight downturn. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 35% month-to-month. The import price peaked at $11,066 per ton in March 2023; however, from April 2023 to November 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Denmark.

From December 2022 to November 2023, the rate of growth in terms of prices for Denmark amounted to -1.2% per month.

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Ireland (FOB) - 2022

In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $3,215 per ton, shrinking by -6.9% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2013 when the average export price increased by 205%. As a result, the export price attained the peak level of $16,913 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to -2.3% per year.

Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Ireland

Imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses into Ireland skyrocketed to 136 tons in 2022, growing by 43% on the previous year. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 46% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses surged to $1.2M in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark2014035481,05673.8%
SpainN/AN/A80.312049.4%
United Kingdom14.33.29.48.3-16.6%
Others91.249.323.652.6-16.8%
Total3074556621,23659.1%

Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Ireland in 2022:

  1. Denmark (128.8 tons)
  2. Spain (4.5 tons)
  3. United Kingdom (1.5 tons)

Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Ireland

For the third year in a row, Ireland recorded decline in shipments abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses, which decreased by -68.9% to 581 kg in 2022. Over the period under review, exports saw a sharp contraction. The smallest decline of -24.1% was in 2020.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses contracted remarkably to $1.9K in 2022. In general, exports recorded a dramatic descent. The smallest decline of -21.7% was in 2020.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A1.90%
Germany13.714.66.4N/A-31.7%
United Kingdom4.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total18.614.66.41.9-53.3%

Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Ireland in 2022:

  1. Turkey (581.0 kg)

Source: IndexBox Market Intelligence Platform

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