Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kazakhstan - 2024

Contents:

  1. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kazakhstan (CIF) - 2022
  2. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kazakhstan (FOB) - 2022
  3. Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kazakhstan
  4. Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kazakhstan

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kazakhstan (CIF) - 2022

In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $54,446 per ton, with an increase of 330% against the previous year. Overall, the import price showed a buoyant increase. Over the period under review, average import prices attained the maximum at $77,923 per ton in 2020; however, from 2021 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 Germany ($217,144 per ton), while the price for Russia ($14,167 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.9%), 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 Kazakhstan (FOB) - 2022

In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $113,891 per ton, rising by 29% against the previous year. Over the period under review, the export price showed a notable increase. The most prominent rate of growth was recorded in 2019 an increase of 32% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to +11.4% per year.

Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kazakhstan

In 2022, after three years of growth, there was significant decline in supplies from abroad of tungsten (wolfram); articles thereof, including waste and scrap, when their volume decreased by -44.9% to 16 tons. Overall, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2020 when imports increased by 156% against the previous year.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap soared to $854K in 2022. Over the period under review, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2020 with an increase of 189%. As a result, imports attained the peak of $2.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States61.622815844493.2%
China58.146219.717343.9%
Germany44.751261.683.223.0%
Russia90.478.211581.4-3.4%
United Kingdom1.125.80.513.7131.8%
Austria17.96730.20.4-71.8%
KyrgyzstanN/AN/A5.0N/A0%
Others43776.50.558.4-48.9%
Total7112,0553618546.3%

Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Kazakhstan in 2022:

  1. China (6.0 tons)
  2. Russia (5.7 tons)
  3. United States (3.0 tons)
  4. United Kingdom (0.4 tons)
  5. Germany (0.4 tons)

Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kazakhstan

In 2022, shipments abroad of tungsten (wolfram); articles thereof, including waste and scrap decreased by -34.3% to 690 kg, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 26%. As a result, the exports attained the peak of 1.2 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 fell notably to $79K in 2022. Over the period under review, total exports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -31.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. As a result, the exports attained the peak of $115K. 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 Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia67.510987.650.7-9.1%
Others1.55.55.027.9165.0%
Total69.011592.678.64.4%

Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Kazakhstan in 2022:

  1. Russia (680.0 kg)

Source: IndexBox Market Intelligence Platform

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