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

Contents:

  1. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Bangladesh (CIF) - 2022
  2. Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Bangladesh

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Bangladesh (CIF) - 2022

The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $6,507 per ton in 2022, surging by 4.8% against the previous year. Overall, the import price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32% against the previous year. The import price peaked at $8,538 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -2.4% per year.

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

For the fourth year in a row, Bangladesh recorded growth in purchases abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses, which increased by 125% to 375 kg in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 129% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses surged to $2.4K in 2022. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 136% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.20.41.02.4128.9%
OthersN/AN/AN/AN/A0%
Total0.20.41.02.4128.9%

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

  1. India (375.0 kg)

Source: IndexBox Market Intelligence Platform

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