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

Contents:

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

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

The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $14,854 per ton in 2022, surging by 34% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 115%. Over the period under review, average import prices attained the maximum at $26,339 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 China ($73,600 per ton), while the price for India ($10,488 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+16.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $58,147 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price saw a pronounced curtailment. The pace of growth appeared the most rapid in 2019 when the average export price decreased by -36.7%. Over the period under review, the average export prices reached the peak figure at $80,500 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for India amounted to -36.7% per year.

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

Imports of tungsten (wolfram); articles thereof, including waste and scrap into Nepal soared to 364 kg in 2022, rising by 107% against the previous year's figure. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap skyrocketed to $5.4K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5252,5111,1023,56689.4%
China95.012.013073697.9%
Singapore18937239460747.5%
United Kingdom577N/AN/AN/A0%
Taiwan (Chinese)N/A133117N/A-12.0%
Others79.017621049884.7%
Total1,4653,2041,9535,40754.5%

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

  1. India (340.0 kg)
  2. Singapore (11.0 kg)
  3. China (10.0 kg)

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

In 2022, after two years of decline, there was decline in overseas shipments of tungsten (wolfram); articles thereof, including waste and scrap, when their volume decreased by 0% to 34 kg. Overall, exports posted a strong expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap totaled $2K in 2022. Over the period under review, exports recorded a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A2.00%
India0.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.9N/AN/A2.030.5%

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

  1. United Kingdom (34.0 kg)

Source: IndexBox Market Intelligence Platform

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