Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Germany - 2023
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Germany (CIF) - 2023
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Germany
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Germany (CIF) - 2023
The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $44,284 per ton in November 2023, which is down by -10% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 32% m-o-m. As a result, import price attained the peak level of $51,756 per ton. From April 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($244K per ton), while the price for China ($41,274 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 Canada (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Germany
In 2022, purchases abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses increased by 15% to 731 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt shrinkage.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses soared to $29M in 2022. Overall, imports, however, showed a deep contraction.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 21.0 | 13.9 | 15.5 | 18.4 | -4.3% |
| China | 1.9 | 0.5 | 0.9 | 3.3 | 20.2% |
| Czech Republic | 9.5 | 3.7 | 2.5 | 2.8 | -33.5% |
| Canada | 4.1 | 2.2 | 2.5 | 2.0 | -21.3% |
| Finland | 0.1 | 0.8 | 1.6 | 1.0 | 115.4% |
| Others | 2.7 | 1.4 | 1.5 | 1.1 | -25.9% |
| Total | 39.2 | 22.4 | 24.6 | 28.6 | -10.0% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Germany in 2022:
- Austria (463.7 tons)
- China (78.9 tons)
- Canada (78.2 tons)
- Czech Republic (71.3 tons)
- Finland (16.2 tons)
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