Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ireland - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ireland (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ireland (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ireland
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ireland
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ireland (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $10,278 per ton, surging by 2.1% against the previous year. In general, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 38% against the previous year. Over the period under review, average import prices hit record highs at $31,652 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 United States ($66,667 per ton), while the price for Denmark ($4,840 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 States (+10.4%), 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 Ireland (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $27,000 per ton in 2022, rising by 4% against the previous year. Over the period under review, the export price saw pronounced growth. The most prominent rate of growth was recorded in 2014 an increase of 178%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($65,089 per ton), while the average price for exports to Turkey ($3,215 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 the UK (+11.6%), 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 Ireland
In 2022, approx. 280 tons of tungsten (wolfram); articles thereof, including waste and scrap were imported into Ireland; jumping by 40% on 2021 figures. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +25.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 77% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap skyrocketed to $2.9M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 46%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 201 | 403 | 548 | 1,056 | 73.8% |
United Kingdom | 331 | 315 | 744 | 844 | 36.6% |
United States | 307 | 235 | 285 | 341 | 3.6% |
Spain | N/A | N/A | 80.3 | 196 | 144.1% |
France | 114 | 104 | 126 | 175 | 15.4% |
Germany | 110 | 509 | 32.1 | 41.2 | -27.9% |
Morocco | N/A | 97.4 | N/A | N/A | 0% |
Others | 192 | 174 | 201 | 225 | 5.4% |
Total | 1,256 | 1,837 | 2,017 | 2,878 | 31.8% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Ireland in 2022:
- Denmark (218.1 tons)
- Spain (18.4 tons)
- United Kingdom (16.6 tons)
- France (10.4 tons)
- United States (5.1 tons)
- Germany (2.8 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ireland
In 2022, overseas shipments of tungsten (wolfram); articles thereof, including waste and scrap decreased by -0.5% to 18 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a mild curtailment. The growth pace was the most rapid in 2020 with an increase of 1,020%. As a result, the exports reached the peak of 207 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap rose to $477K in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 518%. As a result, the exports reached the peak of $2.9M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 134 | 178 | 248 | 366 | 39.8% |
Germany | 14.1 | 14.6 | 6.4 | 59.5 | 61.6% |
United Kingdom | 48.8 | 14.0 | 12.5 | 21.2 | -24.3% |
Turkey | N/A | N/A | N/A | 1.9 | 0% |
Singapore | N/A | 131 | N/A | N/A | 0% |
Taiwan (Chinese) | N/A | 2,337 | N/A | N/A | 0% |
Others | 271 | 211 | 193 | 28.1 | -53.0% |
Total | 467 | 2,886 | 461 | 477 | 0.7% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Ireland in 2022:
- Netherlands (13.9 tons)
- Germany (2.3 tons)
- United Kingdom (0.7 tons)
- Turkey (0.6 tons)
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