Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Portugal - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Portugal (CIF) - 2024
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Portugal (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Portugal
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Portugal
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Portugal (CIF) - 2024
In March 2024, the average import price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $110K per ton, with an increase of 4.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in April 2023 an increase of 46% m-o-m. As a result, import price reached the peak level of $128K per ton. From May 2023 to March 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was France ($130K per ton), while the price for Spain ($67,377 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 France (+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 Portugal (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $24,255 per ton in 2022, increasing by 13% against the previous year. In general, the export price showed slight growth. The most prominent rate of growth was recorded in 2018 an increase of 83% against the previous year. Over the period under review, the average export prices hit record highs at $29,354 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($25,455 per ton), while the average price for exports to the Netherlands ($11,808 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 Israel (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Portugal
For the third consecutive year, Portugal recorded decline in supplies from abroad of tungsten (wolfram); articles thereof, including waste and scrap, which decreased by -2.7% to 15 tons in 2022. In general, imports saw a precipitous slump.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap contracted to $1.3M in 2022. Overall, imports recorded a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 9.2% against the previous year.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 309 | 318 | 470 | 467 | 14.8% |
Netherlands | 2.8 | 189 | 324 | 248 | 345.8% |
Austria | 632 | 440 | 253 | 232 | -28.4% |
France | 242 | 140 | 115 | 92.3 | -27.5% |
Spain | 39.6 | 37.4 | 27.8 | 84.6 | 28.8% |
Italy | 80.2 | 63.0 | 82.2 | 62.7 | -7.9% |
China | 343 | 50.2 | 19.4 | 56.5 | -45.2% |
Others | 121 | 82.3 | 150 | 93.9 | -8.1% |
Total | 1,770 | 1,320 | 1,441 | 1,337 | -8.9% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Portugal in 2022:
- Germany (6.4 tons)
- Austria (2.7 tons)
- Netherlands (2.3 tons)
- France (1.8 tons)
- Spain (0.9 tons)
- Italy (0.5 tons)
- China (0.5 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Portugal
In 2022, approx. 6.2 tons of tungsten (wolfram); articles thereof, including waste and scrap were exported from Portugal; which is down by -7.2% on 2021 figures. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 11%.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap rose rapidly to $149K in 2022. Overall, exports showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by 47%.
Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | 43.6 | 80.4 | 94.2 | 47.0% |
Spain | 153 | 44.2 | 29.5 | 49.8 | -31.2% |
Netherlands | 4.6 | 4.7 | 7.4 | 0.3 | -59.7% |
Others | 8.6 | 4.2 | 24.6 | 4.9 | -17.1% |
Total | 166 | 96.6 | 142 | 149 | -3.5% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Portugal in 2022:
- Germany (3.7 tons)
- Spain (2.4 tons)
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