Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Lithuania - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Lithuania (FOB) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Lithuania (CIF) - 2022
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Lithuania
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Lithuania
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Lithuania (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $12,430 per ton in 2022, shrinking by -39.6% against the previous year. Overall, the export price saw a abrupt setback. The growth pace was the most rapid in 2017 an increase of 116%. As a result, the export price reached the peak level of $26,369 per ton. From 2018 to 2022, the average 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 Russia ($151,227 per ton), while the average price for exports to Germany ($11,198 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Lithuania (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $38,151 per ton in 2022, increasing by 88% against the previous year. In general, the import price enjoyed strong growth. The growth pace was the most rapid in 2015 an increase of 90%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 Finland ($55,231 per ton), while the price for Estonia ($20,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+431.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Lithuania
In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap exported from Lithuania surged to 27 tons, increasing by 39% on the previous year. Overall, exports, however, showed a noticeable reduction.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap reduced dramatically to $336K in 2022. In general, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year.
Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 222 | 223 | 289 | 296 | 10.1% |
Russia | 103 | 114 | 97.6 | 11.3 | -52.1% |
Ireland | 161 | N/A | N/A | N/A | 0% |
Others | 12.1 | 24.4 | 12.9 | 28.7 | 33.4% |
Total | 497 | 362 | 399 | 336 | -12.2% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Lithuania in 2022:
- Germany (26.5 tons)
- Russia (0.1 tons)
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Lithuania
For the third year in a row, Lithuania recorded decline in overseas purchases of tungsten (wolfram); articles thereof, including waste and scrap, which decreased by -68.7% to 3 tons in 2022. Over the period under review, imports continue to indicate a precipitous slump. The smallest decline of -19.1% was in 2020.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap declined rapidly to $116K in 2022. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. As a result, imports attained the peak of $215K. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 1.1 | 145 | 76.0 | 41.0 | 234.0% |
Poland | 8.0 | 18.3 | 36.5 | 20.4 | 36.6% |
Germany | 21.5 | 5.6 | 20.7 | 12.3 | -17.0% |
Italy | 5.7 | 3.7 | 5.9 | 6.7 | 5.5% |
Estonia | N/A | 6.9 | 1.8 | 2.4 | -41.0% |
China | 16.6 | 15.0 | 15.1 | 0.7 | -65.2% |
Latvia | 0.1 | N/A | 14.8 | N/A | 1116.6% |
Hungary | 86.9 | 0.1 | N/A | N/A | -99.9% |
Others | 19.1 | 20.1 | 26.0 | 32.7 | 19.6% |
Total | 159 | 215 | 197 | 116 | -10.0% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Lithuania in 2022:
- Belarus (1823.0 kg)
- Poland (518.0 kg)
- Germany (463.0 kg)
- Estonia (120.0 kg)
- Italy (43.0 kg)
- China (5.0 kg)
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