Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Bulgaria - 2023

Contents:

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

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

The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $18,527,500 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2020 an increase of 41% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2019 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +406.4% per year.

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

The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $12,134 per ton in 2022, with a decrease of -73.9% against the previous year. Overall, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 87%. Over the period under review, average import prices hit record highs at $262,692 per ton in 2019; however, from 2020 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 the UK ($97,200 per ton), while the price for Lithuania stood at $11,659 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of tungsten (wolfram); articles thereof, including waste and scrap, powderses decreased by 0% to 2 kg, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2020 when exports increased by 198% against the previous year. As a result, the exports reached the peak of 256 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $37K in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 319%. As a result, the exports reached the peak of $51K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands12.3N/AN/A37.144.5%
ItalyN/A51.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total12.351.5N/A37.144.5%

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

  1. Netherlands (2.0 kg)

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

Imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses into Bulgaria soared to 900 kg in 2022, jumping by 66% compared with 2021. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 10,720%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses shrank markedly to $11K in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 6,048% against the previous year. As a result, imports attained the peak of $25K, and then reduced sharply in the following year.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LithuaniaN/AN/AN/A10.40%
GreeceN/AN/A24.6N/A0%
Others3.40.40.50.5-47.2%
Total3.40.425.110.947.5%

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

  1. Lithuania (895.0 kg)

Source: IndexBox Market Intelligence Platform

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