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

Contents:

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

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

In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $105,040 per ton, picking up by 8.9% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2021 an increase of 56% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($121,322 per ton), while the price for Austria ($62,128 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2020, the average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $13,769 per ton, increasing by 75% against the previous year. In general, the export price saw a moderate increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2020, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

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

In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap, powderses imported into Colombia skyrocketed to 2.8 tons, jumping by 176% on the year before. Overall, imports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 672% against the previous year.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses soared to $291K in 2022. Over the period under review, imports showed prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 1,106% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States19.51.941.1229127.3%
Austria1476.125.537.3-36.7%
Germany0.9N/A10.924.5200.8%
IndiaN/AN/A19.4N/A0%
Others13.7N/AN/AN/A0%
Total1818.096.929117.1%

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

  1. United States (1891.0 kg)
  2. Austria (600.0 kg)
  3. Germany (281.0 kg)

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

In 2020, approx. 1.5 tons of tungsten (wolfram); articles thereof, including waste and scrap, powderses were exported from Colombia; surging by 585% on the year before. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses skyrocketed to $21K in 2020. Overall, exports showed a significant expansion. 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, Powders in Colombia (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
United StatesN/A20.80%
Canada1.7N/A0%
OthersN/AN/A0%
Total1.720.81123.5%

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

  1. United States (1.5 tons)

Source: IndexBox Market Intelligence Platform

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