Price for Tungsten Ores and Concentrates in Turkey - 2022

Contents:

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

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

In 2022, the average tungsten ores and concentrates import price amounted to $39,670 per ton, flattening at the previous year. Overall, the import price showed a drastic downturn. The growth pace was the most rapid in 2020 an increase of 137%. The import price peaked at $150,900 per ton in 2014; however, from 2015 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 Japan.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -9.3% per year.

Imports of Tungsten Ores and Concentrates in Turkey

For the third year in a row, Turkey recorded decline in supplies from abroad of tungsten ores and concentrateses, which decreased by 0% to 200 kg in 2022. Over the period under review, imports continue to indicate a significant expansion. The smallest decline of -64% was in 2020. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, tungsten ores and concentrates imports stood at $7.9K in 2022. Overall, imports showed a significant increase. The smallest decline of -14.6% was in 2020. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Tungsten Ores and Concentrates in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A7.90%
DenmarkN/A1.3N/AN/A0%
Germany1.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.61.3N/A7.970.3%

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

  1. Japan (200.0 kg)

Source: IndexBox Market Intelligence Platform

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