Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ethiopia - 2022

Contents:

  1. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ethiopia (CIF) - 2022
  2. Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ethiopia

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ethiopia (CIF) - 2022

The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $23,967 per ton in 2022, rising by 16% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 74% against the previous year. The import price peaked at $25,261 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 the Netherlands ($47,800 per ton), while the price for Portugal ($6,867 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ethiopia

Imports of tungsten (wolfram); articles thereof, including waste and scrap into Ethiopia skyrocketed to 975 kg in 2022, with an increase of 2,768% compared with the previous year's figure. In general, imports saw prominent growth.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap skyrocketed to $23K in 2022. Over the period under review, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.92.3N/A11.3132.4%
France8.410.90.58.1-1.2%
India0.33.10.11.363.0%
PortugalN/AN/AN/A0.60%
United Arab Emirates4.32.5N/A0.2-64.0%
United States0.50.8N/A0.1-41.5%
Others1.41.40.11.88.7%
Total15.921.10.723.413.7%

Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Ethiopia in 2022:

  1. China (562.0 kg)
  2. France (229.0 kg)
  3. Portugal (83.0 kg)
  4. India (54.0 kg)
  5. United Arab Emirates (22.0 kg)
  6. United States (3.0 kg)

Source: IndexBox Market Intelligence Platform

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