Price for Tungsten Ores and Concentrates in Peru - 2022

Contents:

1. Price for Tungsten Ores and Concentrates in Peru (FOB) - 2022
2. Price for Tungsten Ores and Concentrates in Peru (CIF) - 2022
3. Exports of Tungsten Ores and Concentrates in Peru
4. Imports of Tungsten Ores and Concentrates in Peru

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

In 2022, the average tungsten ores and concentrates export price amounted to $3,489 per ton, falling by -73.9% against the previous year. Over the period under review, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2015 an increase of 20% against the previous year. As a result, the export price attained the peak level of $22,882 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -4.8% per year.

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

In 2022, the average tungsten ores and concentrates import price amounted to $30,689 per ton, shrinking by -9.1% against the previous year. Overall, the import price saw a deep slump. The pace of growth was the most pronounced in 2020 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs at $106,798 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -11.7% per year.

Exports of Tungsten Ores and Concentrates in Peru

In 2022, after three years of growth, there was significant decline in overseas shipments of tungsten ores and concentrateses, when their volume decreased by -86.9% to 1.9 tons. Over the period under review, exports faced a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 6.5%. As a result, the exports reached the peak of 14 tons, and then dropped significantly in the following year.

In value terms, tungsten ores and concentrates exports contracted remarkably to $6.6K in 2022. Overall, exports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 2.1%.

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

1. China (1.9 tons)

Imports of Tungsten Ores and Concentrates in Peru

In 2022, after two years of decline, there was growth in overseas purchases of tungsten ores and concentrateses, when their volume increased by 2.9% to 322 kg. Over the period under review, imports, however, showed a noticeable curtailment.

In value terms, tungsten ores and concentrates imports shrank to $9.9K in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, imports attained the peak of $11K, and then fell in the following year.

Top Suppliers of Tungsten Ores and Concentrates to Peru in 2022:

1. United States (322.0 kg)

Source: IndexBox Market Intelligence Platform