Price for Tungsten Ores and Concentrates in Myanmar - 2022

Contents:

1. Price for Tungsten Ores and Concentrates in Myanmar (FOB) - 2022
2. Exports of Tungsten Ores and Concentrates in Myanmar

Price for Tungsten Ores and Concentrates in Myanmar (FOB) - 2022

In 2022, the average tungsten ores and concentrates export price amounted to $9,933 per ton, remaining constant against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 4.6%. The export price peaked at $17,899 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($27,083 per ton), while the average price for exports to China ($7,088 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+77.2%), while the prices for the other major destinations experienced mixed trend patterns.

Exports of Tungsten Ores and Concentrates in Myanmar

In 2022, tungsten ores and concentrates exports from Myanmar was estimated at 13 tons, remaining constant against 2021. In general, exports showed a precipitous curtailment. The smallest decline of -10.5% was in 2020.

In value terms, tungsten ores and concentrates exports amounted to $132K in 2022. Overall, exports faced a dramatic curtailment. The smallest decline of -14.7% was in 2020.

Top Export Markets for Tungsten Ores and Concentrates from Myanmar in 2022:

1. Vietnam (10.7 tons)
2. China (2.5 tons)
3. Thailand (0.1 tons)

Source: IndexBox Market Intelligence Platform