Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Chile - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Chile (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Chile (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Chile
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Chile
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Chile (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $43,605 per ton in 2022, rising by 12% against the previous year. Overall, the import price, however, recorded a mild decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 77% against the previous year. The import price peaked at $87,015 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($106,319 per ton), while the price for China ($30,096 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Chile (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $13,521 per ton in 2022, which is down by -54.1% against the previous year. In general, the export price saw a perceptible shrinkage. The growth pace was the most rapid in 2020 when the average export price increased by 218%. As a result, the export price attained the peak level of $86,439 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($48,574 per ton), while the average price for exports to Malaysia ($610 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 India (+245.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Chile
Imports of tungsten (wolfram); articles thereof, including waste and scrap into Chile expanded remarkably to 67 tons in 2022, increasing by 12% against 2021 figures. The total import volume increased at an average annual rate of +13.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 50%. As a result, imports reached the peak of 69 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap soared to $2.9M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 64%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 770 | 1,461 | 1,444 | 1,582 | 27.1% |
| United Kingdom | 204 | 517 | 596 | 703 | 51.0% |
| United States | 328 | 180 | 144 | 402 | 7.0% |
| Others | 48.6 | 62.8 | 130 | 218 | 64.9% |
| Total | 1,351 | 2,221 | 2,314 | 2,905 | 29.1% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Chile in 2022:
- China (52.6 tons)
- United Kingdom (6.6 tons)
- United States (5.5 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Chile
In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap exported from Chile surged to 64 tons, jumping by 256% against the year before. Over the period under review, exports saw a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap skyrocketed to $867K in 2022. Overall, exports, however, recorded a abrupt decrease.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 103 | 36.9 | 386 | 243 | 33.1% |
| Canada | 552 | N/A | N/A | 240 | -24.2% |
| Bolivia | 376 | 364 | 145 | 127 | -30.4% |
| Paraguay | N/A | N/A | N/A | 93.8 | 0% |
| Spain | N/A | N/A | N/A | 86.3 | 0% |
| Austria | N/A | N/A | N/A | 48.9 | 0% |
| Malaysia | N/A | N/A | N/A | 13.1 | 0% |
| Singapore | 111 | N/A | N/A | N/A | 0% |
| Others | 4.2 | 40.9 | N/A | 15.0 | 52.9% |
| Total | 1,146 | 442 | 531 | 867 | -8.9% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Chile in 2022:
- Malaysia (21.4 tons)
- United States (12.4 tons)
- Canada (11.8 tons)
- Spain (6.1 tons)
- Paraguay (5.7 tons)
- Bolivia (2.6 tons)
- Austria (2.4 tons)
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