Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Israel - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Israel (CIF) - 2024
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Israel (FOB) - 2024
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Israel
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Israel
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Israel (CIF) - 2024
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $65,272 per ton in May 2024, with a decrease of -46.2% against the previous month. Overall, the import price continues to indicate a mild decrease. The pace of growth appeared the most rapid in June 2023 an increase of 76% m-o-m. As a result, import price attained the peak level of $133K per ton. From July 2023 to May 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($139K per ton), while the price for India ($55,272 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by France (-0.0%), while the prices for the other major suppliers experienced a decline.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Israel (FOB) - 2024
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $55,997 per ton in May 2024, shrinking by -19.9% against the previous month. Overall, the export price recorded a perceptible descent. The pace of growth appeared the most rapid in April 2024 when the average export price increased by 29% m-o-m. Over the period under review, the average export prices attained the peak figure at $76,309 per ton in September 2023; however, from October 2023 to May 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($84,935 per ton), while the average price for exports to Canada ($52,441 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-0.7%), while the prices for the other major destinations experienced a decline.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Israel
Imports of tungsten (wolfram); articles thereof, including waste and scrap into Israel skyrocketed to 180 tons in 2022, growing by 67% compared with 2021. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 183% against the previous year. As a result, imports reached the peak of 195 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap surged to $17M in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 76% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Israel (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.1 | 3.6 | 4.9 | 12.2 | 57.9% |
United States | 1.0 | 2.0 | 1.8 | 2.4 | 33.9% |
Sweden | 1.7 | 0.4 | 0.7 | 0.8 | -22.2% |
Hong Kong SAR | 0.4 | 5.7 | 2.3 | 0.3 | -9.1% |
Others | 1.0 | 0.9 | 1.0 | 1.4 | 11.9% |
Total | 7.2 | 12.7 | 10.7 | 17.0 | 33.2% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Israel in 2022:
- China (146.4 tons)
- United States (15.3 tons)
- Hong Kong SAR (4.7 tons)
- Sweden (3.6 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Israel
In 2022, shipments abroad of tungsten (wolfram); articles thereof, including waste and scrap decreased by -43.2% to 154 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 97%. As a result, the exports reached the peak of 325 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap contracted dramatically to $7.3M in 2022. In general, exports, however, showed modest growth. The most prominent rate of growth was recorded in 2020 with an increase of 127%. As a result, the exports reached the peak of $16M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Israel (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.9 | 13.8 | 5.3 | 2.7 | -2.4% |
Germany | 1.6 | 0.9 | 0.9 | 1.1 | -11.7% |
Canada | 0.7 | 0.6 | 1.1 | 1.0 | 12.6% |
India | 0.1 | 0.3 | 1.6 | 0.9 | 108.0% |
United Kingdom | 0.2 | 0.4 | 0.2 | 0.6 | 44.2% |
France | N/A | N/A | 0.6 | 0.4 | -33.3% |
South Korea | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
Taiwan (Chinese) | 0.7 | N/A | N/A | N/A | 0% |
Others | 0.8 | 0.1 | 0.7 | 0.4 | -20.6% |
Total | 7.1 | 16.1 | 10.5 | 7.3 | 0.9% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Israel in 2022:
- United States (51.6 tons)
- Germany (28.3 tons)
- United Kingdom (20.0 tons)
- India (17.9 tons)
- Canada (16.7 tons)
- France (8.0 tons)
- South Korea (4.2 tons)
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