Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Denmark - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Denmark (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Denmark (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Denmark
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Denmark
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Denmark (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $73,568 per ton in 2022, with a decrease of -19.3% against the previous year. In general, the import price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 331% against the previous year. Over the period under review, average import prices hit record highs at $91,219 per ton in 2021, and then plummeted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($511,709 per ton), while the price for Norway ($21,447 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.0%), 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 Denmark (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $31,309 per ton, growing by 27% against the previous year. Overall, the export price showed a measured expansion. The most prominent rate of growth was recorded in 2021 an increase of 67%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($66,319 per ton), while the average price for exports to the UK ($9,051 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 Norway (+7.1%), 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 Denmark
After two years of decline, supplies from abroad of tungsten (wolfram); articles thereof, including waste and scrap increased by 4.2% to 20 tons in 2022. Overall, imports, however, showed a sharp slump.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap fell markedly to $1.5M in 2022. In general, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. As a result, imports reached the peak of $1.8M, and then declined dramatically in the following year.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,047 | 362 | 858 | 835 | -7.3% |
China | 62.7 | 142 | 158 | 211 | 49.9% |
Spain | 77.4 | N/A | 101 | 174 | 31.0% |
Norway | N/A | 469 | 127 | 78.0 | -59.2% |
Netherlands | 1.8 | 15.1 | 4.3 | 34.4 | 167.4% |
Sweden | 15.7 | 16.5 | 11.0 | 29.3 | 23.1% |
Others | 229 | 58.2 | 528 | 140 | -15.1% |
Total | 1,433 | 1,063 | 1,787 | 1,502 | 1.6% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Denmark in 2022:
- Germany (12.5 tons)
- Norway (3.6 tons)
- China (2.2 tons)
- Sweden (0.9 tons)
- Netherlands (0.3 tons)
- Spain (0.3 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Denmark
Exports of tungsten (wolfram); articles thereof, including waste and scrap from Denmark skyrocketed to 35 tons in 2022, growing by 180% compared with the year before. Over the period under review, exports showed a significant increase.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap surged to $1.1M in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 144 | 87.9 | 192 | 531 | 54.5% |
Ireland | N/A | N/A | N/A | 52.5 | 0% |
Sweden | 24.0 | N/A | N/A | 47.4 | 25.5% |
Finland | N/A | 0.6 | 1.7 | 33.5 | 647.2% |
Norway | 17.8 | 49.8 | 19.6 | 29.9 | 18.9% |
Czech Republic | 35.7 | 19.3 | 13.0 | 16.5 | -22.7% |
United Kingdom | 6.8 | 0.3 | 4.8 | 6.4 | -2.0% |
Romania | 0.9 | 394 | N/A | N/A | 43677.8% |
Others | 42.7 | 70.1 | 75.7 | 371 | 105.6% |
Total | 271 | 622 | 307 | 1,088 | 58.9% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Denmark in 2022:
- Germany (25.6 tons)
- Ireland (2.4 tons)
- Finland (1.6 tons)
- United Kingdom (0.7 tons)
- Sweden (0.7 tons)
- Norway (0.7 tons)
- Czech Republic (0.6 tons)
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