Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Peru - 2022
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Peru (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Peru (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Peru
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Peru
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Peru (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $69,235 per ton, rising by 5.8% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 increased by +70.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 45%. The import price peaked at $79,962 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($153,943 per ton), while the price for China ($59,114 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+18.3%), 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 Peru (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $35,360 per ton, waning by -33.7% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 88%. The export price peaked at $86,087 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($40,865 per ton), while the average price for exports to Free Zones ($5,848 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 States (-3.4%), while the prices for the other major destinations experienced a decline.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Peru
In 2022, imports of tungsten (wolfram); articles thereof, including waste and scrap into Peru fell markedly to 6.8 tons, reducing by -48.2% against the previous year's figure. Overall, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap declined dramatically to $470K in 2022. Over the period under review, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. As a result, imports attained the peak of $858K, and then contracted dramatically in the following year.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 337 | 398 | 581 | 280 | -6.0% |
| China | 114 | 48.7 | 76.6 | 69.6 | -15.2% |
| Germany | 34.9 | 28.4 | 91.7 | 52.7 | 14.7% |
| Taiwan (Chinese) | 16.3 | 13.9 | 36.6 | 34.7 | 28.6% |
| Colombia | 45.0 | 43.5 | 33.4 | 10.8 | -37.9% |
| Brazil | 6.8 | 4.4 | 3.1 | 2.1 | -32.4% |
| Others | 56.4 | 38.4 | 35.5 | 20.4 | -28.8% |
| Total | 610 | 575 | 858 | 470 | -8.3% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Peru in 2022:
- United States (4443.0 kg)
- China (1177.0 kg)
- Germany (558.0 kg)
- Taiwan (Chinese) (293.0 kg)
- Brazil (93.0 kg)
- Colombia (70.0 kg)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Peru
In 2022, approx. 1.9 tons of tungsten (wolfram); articles thereof, including waste and scrap were exported from Peru; jumping by 64% against 2021. Overall, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 1,099% against the previous year.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap expanded notably to $66K in 2022. In general, exports, however, showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 660% against the previous year.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 185 | 6.2 | 55.4 | 43.0 | -38.5% |
| United States | 121 | 1.6 | 4.3 | 15.2 | -49.9% |
| Germany | N/A | N/A | N/A | 7.2 | 0% |
| Free Zones | 0.7 | N/A | 0.2 | 0.2 | -34.1% |
| Others | 2.6 | 0.1 | 0.9 | 0.6 | -38.7% |
| Total | 309 | 8.0 | 60.8 | 66.2 | -40.2% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Peru in 2022:
- Canada (1053.0 kg)
- Germany (392.0 kg)
- United States (386.0 kg)
- Free Zones (33.0 kg)
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