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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