Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Angola - 2022
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Angola (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Angola (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Angola
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Angola
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Angola (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $25,470 per ton in 2022, surging by 12% against the previous year. Overall, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 108% against the previous year. As a result, import price reached the peak level of $26,547 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($68,780 per ton), while the price for China ($967 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-3.1%), while the prices for the other major suppliers experienced a decline.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Angola (FOB) - 2022
In 2021, the average export price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $59,882 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a perceptible shrinkage. The growth pace was the most rapid in 2018 an increase of 42%. Over the period under review, the average export prices reached the maximum at $102,333 per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2015 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +392.3% per year.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Angola
In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap imported into Angola dropped sharply to 398 kg, shrinking by -57.7% on 2021. In general, imports faced a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 484%. As a result, imports attained the peak of 940 kg, and then contracted dramatically in the following year.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap shrank dramatically to $10K in 2022. Over the period under review, imports, however, saw temperate growth. The growth pace was the most rapid in 2021 with an increase of 399% against the previous year. As a result, imports attained the peak of $21K, and then contracted remarkably in the following year.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 6.3 | 4.0 | 18.4 | 8.7 | 11.4% |
| Italy | 2.2 | N/A | 0.2 | 0.6 | -35.2% |
| United Kingdom | N/A | 0.1 | 1.2 | 0.3 | 73.2% |
| United Arab Emirates | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| France | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| China | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Namibia | N/A | N/A | 0.1 | N/A | 0% |
| Denmark | N/A | N/A | N/A | N/A | 0% |
| Portugal | N/A | N/A | 0.3 | N/A | 0% |
| Others | 0.3 | 0.1 | 0.6 | 0.2 | -12.6% |
| Total | 9.0 | 4.3 | 21.3 | 10.1 | 3.9% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Angola in 2022:
- Israel (127.0 kg)
- United Arab Emirates (69.0 kg)
- Italy (55.0 kg)
- France (48.0 kg)
- China (30.0 kg)
- Namibia (22.0 kg)
- United Kingdom (9.0 kg)
- Denmark (8.0 kg)
- Portugal (2.0 kg)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Angola
In 2021, approx. 17 kg of tungsten (wolfram); articles thereof, including waste and scrap were exported from Angola; remaining relatively unchanged against the year before. In general, exports saw significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap amounted to $1K in 2021. Over the period under review, exports showed significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Angola (USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| United States | N/A | N/A | 1,018 | 0% |
| Netherlands | 614 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 614 | N/A | 1,018 | 28.8% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Angola in 2022:
- United States (17.0 kg)
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