Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Indonesia - 2022
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Indonesia (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Indonesia (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Indonesia
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Indonesia
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Indonesia (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $15,390 per ton, waning by -10.7% against the previous year. Overall, the import price recorded a abrupt slump. The growth pace was the most rapid in 2020 an increase of 43% against the previous year. The import price peaked at $41,888 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($104,880 per ton), while the price for China ($9,176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Indonesia (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $16,993 per ton, declining by -7.1% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 23%. Over the period under review, the average export prices attained the peak figure at $19,964 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($31,556 per ton), while the average price for exports to the Netherlands ($3,936 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 Japan (+12.7%), 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 Indonesia
In 2022, approx. 306 tons of tungsten (wolfram); articles thereof, including waste and scrap were imported into Indonesia; increasing by 35% against 2021. Overall, imports enjoyed a tangible expansion. The growth pace was the most rapid in 2021 with an increase of 94% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap skyrocketed to $4.7M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 +105.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 71%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,660 | 640 | 1,383 | 2,224 | 10.2% |
| Hong Kong SAR | 225 | 352 | 702 | 651 | 42.5% |
| Japan | 425 | 324 | 340 | 591 | 11.6% |
| Philippines | 2.2 | 0.9 | 1.3 | 240 | 377.8% |
| South Korea | 230 | 312 | 786 | 134 | -16.5% |
| Others | 1,216 | 665 | 705 | 875 | -10.4% |
| Total | 3,758 | 2,295 | 3,918 | 4,716 | 7.9% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Indonesia in 2022:
- China (242.4 tons)
- Hong Kong SAR (34.0 tons)
- Philippines (11.1 tons)
- Japan (5.6 tons)
- South Korea (2.2 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Indonesia
After two years of decline, shipments abroad of tungsten (wolfram); articles thereof, including waste and scrap increased by 139% to 151 tons in 2022. Overall, exports saw temperate growth. 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 surged to $2.6M in 2022. Over the period under review, exports continue to indicate a resilient expansion. 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 Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 190 | 30.9 | 585 | 1,303 | 90.0% |
| Germany | 554 | 310 | 252 | 527 | -1.7% |
| Taiwan (Chinese) | 450 | 471 | 108 | 353 | -7.8% |
| Japan | 40.5 | 80.7 | 33.0 | 128 | 46.8% |
| Vietnam | 8.0 | 9.5 | 22.6 | 69.9 | 106.0% |
| United Kingdom | 38.6 | 30.6 | 48.3 | 54.9 | 12.5% |
| South Korea | 21.8 | 23.9 | 38.5 | 43.1 | 25.5% |
| Netherlands | 1.4 | 2.3 | 7.3 | 40.3 | 206.5% |
| Thailand | 290 | 48.6 | 47.2 | 28.8 | -53.7% |
| Others | 168 | 42.5 | 15.4 | 24.3 | -47.5% |
| Total | 1,762 | 1,050 | 1,157 | 2,573 | 13.5% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Indonesia in 2022:
- Singapore (64.3 tons)
- Taiwan (Chinese) (28.9 tons)
- Germany (23.1 tons)
- Netherlands (10.2 tons)
- Japan (8.3 tons)
- Vietnam (4.2 tons)
- United Kingdom (3.3 tons)
- South Korea (2.6 tons)
- Thailand (1.5 tons)
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