Tungsten (Wolfram); Wire Price in Panama - 2022

Contents:

  1. Tungsten (Wolfram); Wire Price in Panama (CIF) - 2022
  2. Tungsten (Wolfram); Wire Price in Panama (FOB) - 2022
  3. Tungsten (Wolfram); Wire Imports in Panama
  4. Tungsten (Wolfram); Wire Exports in Panama

Tungsten (Wolfram); Wire Price in Panama (CIF) - 2022

In 2022, the average tungsten (wolfram); wire import price amounted to $98,072 per ton, increasing by 158% against the previous year. Over the period under review, the import price, however, saw a abrupt descent. Over the period under review, average import prices hit record highs at $173,442 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($70,463 per ton), while the price for Luxembourg ($2,030 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Tungsten (Wolfram); Wire Price in Panama (FOB) - 2022

The average tungsten (wolfram); wire export price stood at $26,800 per ton in 2022, surging by 40% against the previous year. In general, the export price, however, saw a abrupt setback. The export price peaked at $254,859 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to +12.3% per year.

Tungsten (Wolfram); Wire Imports in Panama

In 2022, after two years of decline, there was significant growth in purchases abroad of tungsten (wolfram); wires, when their volume increased by 17,729% to 1.2 tons. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tungsten (wolfram); wire imports soared to $79K in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tungsten (Wolfram); Wire in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.31.10.276.8289.5%
United StatesN/AN/AN/A1.70%
LuxembourgN/AN/AN/A0.20%
MexicoN/AN/AN/A0.10%
OthersN/AN/AN/AN/A0%
Total1.41.10.278.8283.2%

Top Suppliers of Tungsten (Wolfram); Wire to Panama in 2022:

  1. China (1090.0 kg)
  2. Luxembourg (100.0 kg)
  3. United States (31.0 kg)
  4. Mexico (27.0 kg)

Tungsten (Wolfram); Wire Exports in Panama

In 2022, approx. 5 kg of tungsten (wolfram); wires were exported from Panama; shrinking by -37.5% on the year before. Over the period under review, exports faced a precipitous shrinkage. The smallest decline of -20% was in 2021.

In value terms, tungsten (wolfram); wire exports fell to $134 in 2022. Overall, exports continue to indicate a abrupt descent. The smallest decline of -11% was in 2021.

Export of Tungsten (Wolfram); Wire in Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Aruba212172153134-14.2%
OthersN/AN/AN/AN/A0%
Total212172153134-14.2%

Top Export Markets for Tungsten (Wolfram); Wire from Panama in 2022:

  1. Aruba (5.0 kg)

Source: IndexBox Market Intelligence Platform

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