Price for Tungsten Ores and Concentrates in Serbia - 2022

Contents:

1. Price for Tungsten Ores and Concentrates in Serbia (CIF) - 2022
2. Imports of Tungsten Ores and Concentrates in Serbia

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

In 2022, the average tungsten ores and concentrates import price amounted to $383,000 per ton, approximately mirroring the previous year. In general, the import price faced a dramatic downturn. The most prominent rate of growth was recorded in 2019 when the average import price decreased by -32.2%. The import price peaked at $1,242,000 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 Italy.

From 2018 to 2022, the rate of growth in terms of prices for Italy amounted to -25.5% per year.

Imports of Tungsten Ores and Concentrates in Serbia

In 2022, purchases abroad of tungsten ores and concentrateses decreased by 0% to 2 kg, falling for the second consecutive year after two years of growth. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 150%. As a result, imports attained the peak of 5 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, tungsten ores and concentrates imports totaled $766 in 2022. In general, imports recorded a precipitous shrinkage. The smallest decline of -9% was in 2020.

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

1. Italy (2.0 kg)

Source: IndexBox Market Intelligence Platform