Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Italy - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Italy (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Italy (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Italy
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Italy
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Italy (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $50,835 per ton in 2022, surging by 19% against the previous year. In general, the import price, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 47%. Over the period under review, average import prices hit record highs at $67,289 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($86,591 per ton), while the price for Ireland ($16,629 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+49.0%), 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 Italy (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $36,725 per ton in 2022, rising by 3.4% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 57% against the previous year. The export price peaked at $39,254 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
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 France ($117,305 per ton), while the average price for exports to Ireland ($16,387 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+33.5%), 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 Italy
In 2022, imports of tungsten (wolfram); articles thereof, including waste and scrap into Italy reduced to 514 tons, with a decrease of -13% compared with the year before. In general, imports, however, saw a modest increase. The pace of growth was the most pronounced in 2021 when imports increased by 211% against the previous year. As a result, imports reached the peak of 591 tons, and then shrank in the following year.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap rose modestly to $26M in 2022. Over the period under review, imports, however, recorded a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 116% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 0.7 | 0.6 | 6.3 | 7.5 | 120.5% |
Germany | 8.1 | 2.8 | 7.5 | 7.0 | -4.7% |
China | 2.5 | 3.1 | 4.4 | 4.0 | 17.0% |
Ireland | 0.4 | N/A | 1.0 | 2.2 | 76.5% |
France | 1.7 | 1.0 | 1.3 | 1.5 | -4.1% |
Netherlands | 2.2 | 1.1 | 0.5 | 0.8 | -28.6% |
Czech Republic | 0.7 | 0.7 | 0.8 | 0.5 | -10.6% |
Others | 4.3 | 2.4 | 3.4 | 2.6 | -15.4% |
Total | 20.5 | 11.6 | 25.2 | 26.1 | 8.4% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Italy in 2022:
- Germany (138.7 tons)
- Ireland (135.2 tons)
- Austria (106.9 tons)
- China (46.6 tons)
- Netherlands (32.2 tons)
- France (19.0 tons)
- Czech Republic (5.7 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Italy
Exports of tungsten (wolfram); articles thereof, including waste and scrap from Italy expanded significantly to 590 tons in 2022, growing by 8.8% against 2021 figures. In general, exports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 103% against the previous year.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap stood at $22M in 2022. Over the period under review, exports showed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 156%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 5.2 | 1.0 | 7.8 | 9.6 | 22.7% |
Germany | 4.8 | 2.9 | 6.3 | 8.3 | 20.0% |
Ireland | N/A | N/A | N/A | 0.2 | 0% |
United Kingdom | 0.4 | 0.3 | 0.1 | 0.1 | -37.0% |
Others | 3.5 | 3.2 | 5.1 | 3.5 | 0.0% |
Total | 13.9 | 7.5 | 19.3 | 21.7 | 16.0% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Italy in 2022:
- Germany (358.2 tons)
- Austria (184.9 tons)
- Ireland (10.4 tons)
- United Kingdom (2.7 tons)
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