Price for Tungsten Ores and Concentrates in Morocco - 2022

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

The average tungsten ores and concentrates import price stood at $27,364 per ton in 2022, with an increase of 18% against the previous year. Overall, the import price, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 78% against the previous year. As a result, import price reached the peak level of $145,714 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +767.4% per year.

Imports of Tungsten Ores and Concentrates in Morocco

In 2022, supplies from abroad of tungsten ores and concentrateses decreased by -4.3% to 22 kg for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year.

In value terms, tungsten ores and concentrates imports rose remarkably to $602 in 2022. Overall, imports saw a abrupt decrease.