Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kuwait - 2022
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kuwait (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kuwait (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kuwait
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kuwait
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kuwait (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $128,840 per ton, remaining stable against the previous year. Over the period under review, the import price, however, posted a moderate expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by 82%. Over the period under review, average import prices reached the maximum at $129,277 per ton in 2021, and then contracted in the following year.
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 Bahrain ($308,667 per ton), while the price for South Korea ($9,529 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 Arab Emirates (+20.1%), 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 Kuwait (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $100,388 per ton, falling by -20.6% against the previous year. Over the period under review, the export price, however, saw resilient growth. The most prominent rate of growth was recorded in 2013 an increase of 80% against the previous year. The export price peaked at $126,400 per ton in 2021, and then shrank remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for Iraq.
From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +15.9% per year.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kuwait
Imports of tungsten (wolfram); articles thereof, including waste and scrap into Kuwait surged to 462 kg in 2022, with an increase of 38% on the year before. In general, imports, however, saw a abrupt descent.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap skyrocketed to $60K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 55%. As a result, imports reached the peak of $65K. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.6 | 18.9 | 17.1 | 27.0 | 68.9% |
China | 10.0 | 7.3 | 4.2 | 11.6 | 5.1% |
United Arab Emirates | 8.3 | 13.7 | 9.5 | 4.5 | -18.5% |
United Kingdom | 1.3 | 0.4 | 2.1 | 4.5 | 51.3% |
Bahrain | 1.0 | 1.6 | 3.0 | 3.7 | 54.7% |
Taiwan (Chinese) | 3.6 | 1.7 | 1.8 | 2.2 | -15.1% |
Belgium | 3.0 | 3.0 | 0.4 | 1.4 | -22.4% |
France | 1.0 | 1.1 | 1.0 | 1.1 | 3.2% |
Hungary | 0.3 | 0.8 | 0.4 | 0.6 | 26.0% |
Saudi Arabia | 0.4 | 0.3 | 0.1 | 0.4 | 0.0% |
Netherlands | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
India | 1.6 | 1.1 | 0.4 | 0.2 | -50.0% |
South Korea | 0.6 | 0.4 | 0.2 | 0.2 | -30.7% |
Others | 4.9 | 14.3 | 3.1 | 1.9 | -27.1% |
Total | 41.8 | 64.8 | 43.4 | 59.5 | 12.5% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Kuwait in 2022:
- United States (146.0 kg)
- China (111.0 kg)
- Belgium (33.0 kg)
- United Arab Emirates (29.0 kg)
- Saudi Arabia (24.0 kg)
- United Kingdom (24.0 kg)
- Taiwan (Chinese) (20.0 kg)
- South Korea (17.0 kg)
- Hungary (15.0 kg)
- Bahrain (12.0 kg)
- Netherlands (10.0 kg)
- France (7.0 kg)
- India (2.0 kg)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kuwait
Exports of tungsten (wolfram); articles thereof, including waste and scrap from Kuwait surged to 116 kg in 2022, increasing by 158% against the previous year. Overall, exports, however, continue to indicate a sharp contraction.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap surged to $12K in 2022. In general, exports, however, recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year.
Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Kuwait (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 917 | 2.7 | 5.3 | 11.5 | -76.8% |
Others | 52.9 | 0.1 | 0.4 | 0.1 | -87.6% |
Total | 970 | 2.8 | 5.7 | 11.6 | -77.1% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Kuwait in 2022:
- Iraq (115.0 kg)
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