Price for Tungsten Ores and Concentrates in Iran - 2022

Price for Tungsten Ores and Concentrates in Iran (CIF) - 2022

In 2022, the average tungsten ores and concentrates import price amounted to $68,144 per ton, rising by 9.2% against the previous year. In general, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 52%. The import price peaked at $90,445 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to +17.1% per year.

Imports of Tungsten Ores and Concentrates in Iran

Tungsten ores and concentrates imports into Iran declined sharply to 125 kg in 2022, which is down by -16.7% on the year before. Over the period under review, imports showed a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 50%.

In value terms, tungsten ores and concentrates imports shrank to $8.5K in 2022. In general, imports faced a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year.