Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Germany - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Germany (FOB) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Germany (CIF) - 2022
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Germany
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Germany
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Germany (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $28,594 per ton in 2022, increasing by 16% against the previous year. In general, the export price, however, continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 17%. As a result, the export price attained the peak level of $37,266 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($91,499 per ton), while the average price for exports to the United States ($23,054 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 Italy (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Germany (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $30,461 per ton, rising by 12% against the previous year. Over the period under review, the import price, however, continues to indicate a slight contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 19%. Over the period under review, average import prices attained the maximum at $37,065 per ton in 2012; however, from 2013 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 China ($80,126 per ton), while the price for Italy ($19,169 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Germany
Exports of tungsten (wolfram); articles thereof, including waste and scrap from Germany soared to 9.6K tons in 2022, increasing by 22% against 2021 figures. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 43%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap skyrocketed to $274M in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 30.1 | 33.8 | 48.2 | 99.4 | 48.9% |
| Austria | 29.8 | 38.6 | 61.8 | 82.6 | 40.5% |
| Finland | 12.2 | 5.4 | 17.5 | 28.7 | 33.0% |
| Czech Republic | 7.3 | 5.6 | 6.6 | 10.2 | 11.8% |
| United Kingdom | 4.4 | 6.3 | 7.5 | 8.8 | 26.0% |
| France | 4.2 | 4.9 | 6.2 | 7.1 | 19.1% |
| Italy | 7.9 | 3.5 | 6.9 | 5.3 | -12.5% |
| Others | 23.9 | 26.7 | 39.3 | 31.4 | 9.5% |
| Total | 120 | 125 | 194 | 274 | 31.7% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Germany in 2022:
- United States (4.3K tons)
- Austria (2.9K tons)
- Finland (1.0K tons)
- Czech Republic (0.3K tons)
- France (0.2K tons)
- United Kingdom (0.2K tons)
- Italy (0.1K tons)
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Germany
In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap imported into Germany soared to 8.2K tons, jumping by 33% on the year before. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +66.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap surged to $251M in 2022. Overall, imports recorded a significant 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 Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.1 | 19.2 | 25.0 | 38.5 | 33.7% |
| Austria | 32.6 | 24.3 | 30.8 | 38.0 | 5.2% |
| China | 16.0 | 11.8 | 17.5 | 24.7 | 15.6% |
| Italy | 5.5 | 3.3 | 14.8 | 20.3 | 54.5% |
| India | 1.3 | 1.8 | 5.5 | 19.1 | 144.9% |
| Netherlands | 4.4 | 3.2 | 9.9 | 11.0 | 35.7% |
| Turkey | 2.3 | 1.8 | 5.8 | 10.7 | 66.9% |
| United Kingdom | 5.7 | 6.4 | 4.4 | 10.6 | 23.0% |
| Czech Republic | 14.2 | 9.1 | 8.4 | 10.1 | -10.7% |
| France | 3.5 | 3.0 | 5.2 | 8.0 | 31.7% |
| Poland | 3.8 | 2.9 | 5.0 | 6.2 | 17.7% |
| Switzerland | 4.4 | 3.5 | 5.5 | 5.8 | 9.6% |
| Spain | 1.0 | 0.6 | 1.4 | 4.9 | 69.8% |
| Others | 26.8 | 26.6 | 30.1 | 42.9 | 17.0% |
| Total | 138 | 117 | 169 | 251 | 22.1% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Germany in 2022:
- Austria (1197.8 tons)
- Italy (1060.6 tons)
- United States (745.0 tons)
- India (695.9 tons)
- United Kingdom (473.3 tons)
- Turkey (468.6 tons)
- Netherlands (371.1 tons)
- France (361.7 tons)
- China (308.0 tons)
- Czech Republic (289.2 tons)
- Poland (249.6 tons)
- Switzerland (221.9 tons)
- Spain (210.3 tons)
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