Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Belarus - 2022
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Belarus (FOB) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Belarus (CIF) - 2022
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Belarus
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Belarus
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Belarus (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $34,495 per ton in 2022, reducing by -2.8% against the previous year. In general, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 278% against the previous year. As a result, the export price reached the peak level of $76,865 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($36,064 per ton), while the average price for exports to Lithuania amounted to $21,798 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Belarus (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $93,785 per ton in 2022, picking up by 107% against the previous year. Overall, the import price, however, showed a noticeable contraction. Over the period under review, average import prices attained the peak figure at $240,197 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($242,389 per ton), while the price for China ($76,660 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+30.3%), while the prices for the other major suppliers experienced a decline.
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Belarus
In 2022, shipments abroad of tungsten (wolfram); articles thereof, including waste and scrap decreased by -24.4% to 31 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 346%.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap shrank rapidly to $1.1M in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 163%. As a result, the exports reached the peak of $1.4M, and then declined significantly in the following year.
Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 113 | 19.8 | 1,295 | 998 | 106.7% |
Lithuania | 17.1 | 420 | 145 | 59.3 | 51.4% |
Germany | N/A | 108 | N/A | N/A | 0% |
Others | 123 | N/A | N/A | 0.9 | -80.6% |
Total | 253 | 547 | 1,440 | 1,058 | 61.1% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Belarus in 2022:
- Russia (27.7 tons)
- Lithuania (2.7 tons)
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Belarus
In 2022, purchases abroad of tungsten (wolfram); articles thereof, including waste and scrap decreased by -84.7% to 1.5 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 621% against the previous year. As a result, imports attained the peak of 17 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap reduced markedly to $137K in 2022. In general, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 142% against the previous year. As a result, imports reached the peak of $725K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 140 | 139 | 32.3 | 65.8 | -22.3% |
Russia | 93.5 | 70.2 | 19.6 | 39.0 | -25.3% |
Germany | 20.1 | 7.3 | 4.8 | 8.7 | -24.4% |
United States | 17.1 | 10.4 | 4.6 | 8.2 | -21.7% |
Poland | 0.2 | 3.6 | 1.6 | 3.0 | 146.6% |
Uzbekistan | N/A | 460 | 365 | N/A | -20.7% |
Others | 28.6 | 34.8 | 3.0 | 12.2 | -24.7% |
Total | 299 | 725 | 431 | 137 | -22.9% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Belarus in 2022:
- China (858.0 kg)
- Russia (426.0 kg)
- United States (46.0 kg)
- Germany (36.0 kg)
- Poland (32.0 kg)
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