Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Brazil - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Brazil (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Brazil (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Brazil
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Brazil
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Brazil (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $75,963 per ton in 2022, surging by 29% against the previous year. In general, the import price recorded a pronounced increase. The pace of growth was the most pronounced in 2018 an increase of 57%. As a result, import price reached the peak level of $79,631 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
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 the United States ($96,857 per ton), while the price for China ($63,945 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+41.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Brazil (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $21,287 per ton in 2022, with an increase of 18% against the previous year. In general, the export price, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 an increase of 24%. The export price peaked at $31,658 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($51,858 per ton), while the average price for exports to Singapore ($18,025 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Brazil
Imports of tungsten (wolfram); articles thereof, including waste and scrap into Brazil dropped remarkably to 128 tons in 2022, reducing by -26% compared with the previous year's figure. Overall, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 68%. As a result, imports reached the peak of 172 tons, and then reduced rapidly in the following year.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap reduced slightly to $9.7M in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of $10M, and then contracted modestly in the following year.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.1 | 3.8 | 4.7 | 5.0 | 6.8% |
United States | 1.3 | 1.4 | 1.9 | 2.1 | 17.3% |
Germany | 0.8 | 0.9 | 1.1 | 0.9 | 4.0% |
France | 0.5 | 0.4 | 0.3 | 0.4 | -7.2% |
Italy | 0.2 | 0.5 | 0.9 | 0.2 | 0.0% |
Others | 2.0 | 0.6 | 1.4 | 1.0 | -20.6% |
Total | 8.8 | 7.6 | 10.2 | 9.7 | 3.3% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Brazil in 2022:
- China (78.7 tons)
- United States (22.1 tons)
- Germany (10.0 tons)
- France (5.9 tons)
- Italy (2.6 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Brazil
In 2022, approx. 271 tons of tungsten (wolfram); articles thereof, including waste and scrap were exported from Brazil; growing by 26% compared with 2021. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 42% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap soared to $5.8M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 77% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 599 | 706 | 1,286 | 2,038 | 50.4% |
United States | 1,394 | 210 | 906 | 1,841 | 9.7% |
Germany | 529 | 532 | 1,379 | 1,466 | 40.5% |
Singapore | 6.8 | N/A | 12.1 | 261 | 237.3% |
Australia | 342 | N/A | N/A | 17.6 | -62.8% |
Hong Kong SAR | N/A | 208 | 8.3 | N/A | -96.0% |
Taiwan (Chinese) | 67.8 | 355 | N/A | N/A | 423.6% |
Others | 146 | 176 | 279 | 148 | 0.5% |
Total | 3,083 | 2,187 | 3,870 | 5,771 | 23.2% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Brazil in 2022:
- United States (95.8 tons)
- Austria (84.7 tons)
- Germany (73.4 tons)
- Singapore (14.5 tons)
- Australia (0.8 tons)
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