Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Oman - 2022
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Oman (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Oman (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Oman
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Oman
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Oman (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $50,763 per ton in 2022, increasing by 35% against the previous year. Overall, the import price enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 77%. As a result, import price reached the peak level of $56,738 per ton. From 2014 to 2022, the average 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 the Netherlands ($371,625 per ton), while the price for Italy ($10,935 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+76.1%), 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 Oman (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $134,750 per ton, dropping by -22.1% against the previous year. Overall, the export price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2019 an increase of 130%. The export price peaked at $173,075 per ton in 2021, and then declined rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($309,000 per ton), while the average price for exports to Egypt ($16,333 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 the United Arab Emirates (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Oman
In 2022, approx. 2 tons of tungsten (wolfram); articles thereof, including waste and scrap were imported into Oman; which is down by -51.7% compared with the previous year. In general, imports continue to indicate a dramatic slump. The smallest decline of -14.1% was in 2021.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap fell notably to $100K in 2022. Overall, imports continue to indicate a significant decrease. The smallest decline of -15.8% was in 2021.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 176 | 63.2 | 59.4 | 40.8 | -38.6% |
| China | 0.3 | 0.7 | 1.1 | 12.9 | 250.3% |
| Russia | 10.1 | 5.0 | 5.7 | 4.3 | -24.8% |
| India | 57.7 | 54.0 | 16.4 | 2.3 | -65.8% |
| Italy | 18.8 | 6.6 | 3.9 | 1.0 | -62.4% |
| Latvia | 2.6 | N/A | 7.6 | N/A | 71.0% |
| Others | 64.9 | 51.7 | 58.5 | 38.5 | -16.0% |
| Total | 330 | 181 | 153 | 99.8 | -32.9% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Oman in 2022:
- United Arab Emirates (1603.0 kg)
- China (108.0 kg)
- Italy (93.0 kg)
- Russia (30.0 kg)
- India (6.0 kg)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Oman
After two years of decline, shipments abroad of tungsten (wolfram); articles thereof, including waste and scrap increased by 5.7% to 56 kg in 2022. Over the period under review, exports, however, showed a abrupt slump.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap reduced dramatically to $7.5K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 95%. As a result, the exports reached the peak of $9.2K, and then declined rapidly in the following year.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.1 | 1.9 | 2.9 | 5.7 | 284.9% |
| United Arab Emirates | N/A | N/A | 0.1 | 1.2 | 1100.0% |
| Somalia | N/A | N/A | N/A | 0.3 | 0% |
| Qatar | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Egypt | 1.9 | 0.9 | 0.4 | 0.1 | -62.5% |
| Indonesia | N/A | N/A | N/A | 0.1 | 0% |
| Thailand | N/A | 0.4 | 0.8 | N/A | 100.0% |
| Malaysia | N/A | N/A | 4.5 | N/A | 0% |
| Yemen | N/A | 0.5 | N/A | N/A | 0% |
| Others | 3.8 | 0.8 | 0.5 | N/A | -63.7% |
| Total | 6.0 | 4.7 | 9.2 | 7.5 | 7.7% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Oman in 2022:
- Germany (30.0 kg)
- United Arab Emirates (14.0 kg)
- Egypt (9.0 kg)
- Qatar (1.0 kg)
- Indonesia (1.0 kg)
- Somalia (1.0 kg)
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