Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Iraq - 2022
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Iraq (CIF) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Iraq
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Iraq (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $63,031 per ton, surging by 52% against the previous year. In general, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 221%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Germany ($314,591 per ton), while the price for Kuwait ($31,049 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Iraq
After two years of decline, overseas purchases of tungsten (wolfram); articles thereof, including waste and scrap increased by 68% to 1.1 tons in 2022. Overall, imports, however, showed a significant decline.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap surged to $67K in 2022. In general, imports recorded a tangible expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 7.1 | 0.9 | 4.7 | 25.0 | 52.1% |
Kuwait | 39.4 | 19.4 | 7.1 | 16.0 | -25.9% |
Turkey | 2.0 | 0.8 | 0.4 | 11.8 | 80.7% |
Germany | 2.8 | 2.1 | 6.5 | 6.9 | 35.1% |
United States | 4.6 | 1.2 | 3.0 | 3.6 | -7.8% |
United Kingdom | 1.5 | 1.5 | 3.9 | 3.4 | 31.4% |
Others | 1.5 | 0.2 | 0.4 | 0.2 | -48.9% |
Total | 58.9 | 26.2 | 26.1 | 66.9 | 4.3% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Iraq in 2022:
- Kuwait (515.0 kg)
- Turkey (221.0 kg)
- United Arab Emirates (175.0 kg)
- United Kingdom (74.0 kg)
- United States (49.0 kg)
- Germany (22.0 kg)
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