Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Brazil - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Brazil (CIF) - 2024
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Brazil (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Brazil
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Brazil
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Brazil (CIF) - 2024
In February 2024, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $58,547 per ton, surging by 2.2% against the previous month. Over the period under review, the import price, however, saw a drastic downturn. The most prominent rate of growth was recorded in November 2023 an increase of 34% month-to-month. Over the period under review, average import prices attained the peak figure at $109K per ton in February 2023; however, from March 2023 to February 2024, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In February 2024, the country with the highest price was the United States ($57,933 per ton), while the price for India totaled $46,820 per ton.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by India (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Brazil (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $2,161 per ton in 2022, reducing by -81.8% against the previous year. In general, the export price recorded a dramatic downturn. The most prominent rate of growth was recorded in 2014 an increase of 332%. The export price peaked at $81,389 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
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 Chile ($3,857 per ton), while the average price for exports to Liberia ($1,800 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 Liberia (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Brazil
Imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses into Brazil shrank to 20 tons in 2022, with a decrease of -14.3% against the year before. Overall, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 64%. As a result, imports attained the peak of 23 tons, and then declined in the following year.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses expanded remarkably to $1.3M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 677 | 564 | 965 | 1,110 | 17.9% |
| China | 156 | 140 | 145 | 106 | -12.1% |
| Germany | 20.2 | 15.8 | 38.0 | 45.2 | 30.8% |
| India | N/A | N/A | N/A | 19.7 | 0% |
| Argentina | 201 | N/A | N/A | N/A | 0% |
| Others | 33.9 | 50.7 | 36.7 | N/A | 4.0% |
| Total | 1,088 | 771 | 1,184 | 1,281 | 5.6% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Brazil in 2022:
- United States (16.6 tons)
- China (2.3 tons)
- Germany (0.5 tons)
- India (0.3 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Brazil
In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap, powderses exported from Brazil fell notably to 62 kg, with a decrease of -93.5% compared with 2021 figures. Over the period under review, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 2,550% against the previous year.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses declined rapidly to $134 in 2022. In general, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 288% against the previous year.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | N/A | N/A | N/A | 0.1 | 0% |
| Chile | N/A | N/A | N/A | N/A | 0% |
| United States | 16.2 | 2.9 | N/A | N/A | -82.1% |
| Singapore | N/A | N/A | 7.9 | N/A | 0% |
| Portugal | 68.3 | N/A | N/A | N/A | 0% |
| Peru | N/A | N/A | 3.3 | N/A | 0% |
| Liberia | N/A | N/A | 0.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 84.6 | 2.9 | 11.4 | 0.1 | -89.4% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Brazil in 2022:
- Panama (35.0 kg)
- Liberia (20.0 kg)
- Chile (7.0 kg)
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