Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Norway - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Norway (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Norway (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Norway
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Norway
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Norway (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $244,102 per ton in 2022, dropping by -1.9% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tungsten (wolfram); articles thereof, including waste and scrap decreased by -22.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 55%. Over the period under review, average import prices hit record highs at $316,182 per ton in 2019; however, from 2020 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 France ($269,000 per ton), while the price for Estonia ($16,750 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.2%), 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 Norway (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $21,504 per ton, increasing by 12% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 557%. As a result, the export price reached the peak level of $405,456 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($22,882 per ton), while the average price for exports to Germany totaled $19,026 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-4.7%), while the prices for the other major destinations experienced a decline.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Norway
In 2022, imports of tungsten (wolfram); articles thereof, including waste and scrap into Norway fell to 14 tons, dropping by -6.3% against 2021 figures. Over the period under review, imports recorded a significant contraction.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap declined to $3.5M in 2022. Overall, imports showed a significant curtailment.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 8,294 | 4,289 | 3,103 | 2,806 | -30.3% |
| Germany | 247 | 259 | 317 | 354 | 12.7% |
| United States | 169 | 78.8 | 58.5 | 87.7 | -19.6% |
| China | 51.4 | 55.8 | 79.9 | 83.3 | 17.5% |
| United Kingdom | 37.0 | 159 | 62.1 | 73.9 | 25.9% |
| Austria | 5.4 | 8.7 | 23.6 | 49.1 | 108.7% |
| Others | 65.4 | 80.0 | 159 | 40.6 | -14.7% |
| Total | 8,869 | 4,931 | 3,803 | 3,495 | -26.7% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Norway in 2022:
- France (10.4 tons)
- Germany (2.0 tons)
- United Kingdom (0.5 tons)
- China (0.5 tons)
- United States (0.4 tons)
- Austria (0.2 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Norway
Exports of tungsten (wolfram); articles thereof, including waste and scrap from Norway surged to 23 tons in 2022, jumping by 37% against 2021 figures. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap skyrocketed to $491K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 247% against the previous year. As a result, the exports reached the peak of $525K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 135 | 111 | 287 | 418 | 45.8% |
| Sweden | 0.3 | 1.6 | N/A | 9.7 | 218.6% |
| Romania | N/A | 375 | 4.2 | N/A | -98.9% |
| Others | 15.4 | 36.8 | 29.8 | 63.2 | 60.1% |
| Total | 151 | 525 | 321 | 491 | 48.1% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Norway in 2022:
- Germany (22.0 tons)
- Sweden (0.4 tons)
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