Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Poland - 2024

Contents:

  1. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Poland (FOB) - 2022
  2. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Poland (CIF) - 2024
  3. Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Poland
  4. Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Poland

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

In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $17,560 per ton, jumping by 16% against the previous year. In general, the export price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 46% against the previous year. The export price peaked at $29,455 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($64,981 per ton), while the average price for exports to the Czech Republic ($14,012 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 Ireland (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Poland (CIF) - 2024

In March 2024, the average import price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $172K per ton, rising by 26% against the previous month. Over the period under review, the import price recorded a resilient increase. The growth pace was the most rapid in February 2024 when the average import price increased by 195% month-to-month. The import price peaked in March 2024.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was the United States ($420K per ton), while the price for South Korea ($92,761 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Germany (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 1.2K tons of tungsten (wolfram); articles thereof, including waste and scrap were exported from Poland; surging by 72% compared with the previous year. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 113% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap surged to $21M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic4.41.26.013.244.2%
Germany3.42.63.04.711.4%
Italy0.40.40.51.244.2%
IrelandN/A0.10.40.8182.8%
Others1.30.90.50.6-22.7%
Total9.55.310.320.629.4%

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

  1. Czech Republic (941.1 tons)
  2. Germany (172.9 tons)
  3. Ireland (32.1 tons)
  4. Italy (19.1 tons)

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

In 2022, imports of tungsten (wolfram); articles thereof, including waste and scrap into Poland totaled 650 tons, growing by 1.5% against the year before. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap rose to $17M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic5.02.76.97.414.0%
China6.26.66.04.9-7.5%
Netherlands0.50.91.22.571.0%
Germany1.31.01.20.9-11.5%
Others3.51.51.61.6-23.0%
Total16.412.716.917.31.8%

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

  1. Czech Republic (546.5 tons)
  2. China (52.5 tons)
  3. Netherlands (19.2 tons)
  4. Germany (18.1 tons)

Source: IndexBox Market Intelligence Platform

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