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

Contents:

  1. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in France (CIF) - 2023
  2. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in France (FOB) - 2022
  3. Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in France
  4. Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in France

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

The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $48,025 per ton in November 2023, falling by -5.2% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 52% m-o-m. Over the period under review, average import prices attained the peak figure at $52,470 per ton in July 2023; however, from August 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($171K per ton), while the price for China ($14,957 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+13.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $48,938 per ton, with an increase of 6.7% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses increased by +29.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. The export price peaked at $56,789 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($66,200 per ton), while the average price for exports to Germany ($25,662 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 Switzerland (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses increased by 26% to 307 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a noticeable downturn.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses skyrocketed to $14M in 2022. Overall, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +4.0% 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 +57.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic3.63.95.36.723.0%
Austria6.13.22.24.3-11.0%
China0.8N/A0.10.80.0%
Germany0.90.81.20.7-8.0%
IsraelN/AN/A0.60.4-33.3%
United States0.50.20.20.4-7.2%
Others0.30.70.40.410.1%
Total12.38.89.913.94.2%

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

  1. Czech Republic (134.9 tons)
  2. Austria (97.7 tons)
  3. United States (20.2 tons)
  4. China (20.1 tons)
  5. Germany (18.9 tons)
  6. Israel (8.0 tons)

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

In 2022, approx. 100 tons of tungsten (wolfram); articles thereof, including waste and scrap, powderses were exported from France; surging by 1.8% compared with the year before. In general, exports, however, showed a slight decline. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses rose remarkably to $4.9M in 2022. Over the period under review, total exports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 52% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1,9377271,6431,758-3.2%
Italy26525857081345.3%
United Kingdom4072202544150.7%
United States22922248534114.2%
Germany349355343336-1.3%
Luxembourg2561582303227.9%
Turkey14717711328124.1%
Austria323153142158-21.2%
Sweden19329.047.987.3-23.2%
Czech Republic29.6N/A55.631.52.1%
Others359676623350-0.8%
Total4,4952,9744,5074,8932.9%

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

  1. Switzerland (34.1 tons)
  2. Italy (16.8 tons)
  3. Germany (13.1 tons)
  4. United Kingdom (8.6 tons)
  5. United States (5.7 tons)
  6. Turkey (5.6 tons)
  7. Luxembourg (4.9 tons)
  8. Austria (2.5 tons)
  9. Czech Republic (2.0 tons)
  10. Sweden (1.6 tons)

Source: IndexBox Market Intelligence Platform

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