Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Luxembourg - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Luxembourg (FOB) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Luxembourg (CIF) - 2022
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Luxembourg
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Luxembourg
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Luxembourg (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $10,586 per ton in 2022, reducing by -18.6% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 when the average export price increased by 45%. The export price peaked at $64,000 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($16,505 per ton), while the average price for exports to the United States stood at $9,498 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+5.2%), while the prices for the other major destinations experienced a decline.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Luxembourg (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $82,725 per ton in 2022, with an increase of 131% against the previous year. Overall, the import price saw prominent growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 154% against the previous year. As a result, import price attained the peak level of $87,815 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
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 France ($163,246 per ton), while the price for Belgium ($18,153 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Luxembourg
In 2022, exports of tungsten (wolfram); articles thereof, including waste and scrap from Luxembourg surged to 296 tons, rising by 18% against 2021 figures. Overall, exports, however, saw a dramatic slump.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap dropped modestly to $3.1M in 2022. In general, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year.
Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.9 | 0.8 | 2.4 | 2.4 | -6.1% |
Germany | 1.6 | 0.1 | 0.3 | 0.7 | -24.1% |
Finland | 0.2 | N/A | 0.2 | N/A | 0.0% |
Czech Republic | N/A | 1.1 | 0.3 | N/A | -72.7% |
Others | 0.4 | 0.4 | 0.1 | 0.1 | -37.0% |
Total | 5.2 | 2.3 | 3.2 | 3.1 | -15.8% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Luxembourg in 2022:
- United States (247.4 tons)
- Germany (44.2 tons)
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Luxembourg
In 2022, supplies from abroad of tungsten (wolfram); articles thereof, including waste and scrap decreased by -75.4% to 5.1 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a sharp slump. The pace of growth appeared the most rapid in 2020 with an increase of 296%. As a result, imports reached the peak of 1.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap dropped dramatically to $420K in 2022. In general, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 197%. As a result, imports reached the peak of $24M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
China | N/A | N/A | N/A | N/A | 0% |
Belgium | N/A | N/A | N/A | N/A | 0% |
Germany | 7.6 | 23.5 | 0.4 | N/A | -77.1% |
Austria | N/A | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 8.0 | 23.8 | 0.7 | 0.4 | -63.2% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Luxembourg in 2022:
- France (1999.0 kg)
- China (1585.0 kg)
- Germany (618.0 kg)
- Belgium (549.0 kg)
- Austria (253.0 kg)
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