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

Contents:

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

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

In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $70,471 per ton, with an increase of 1.7% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses increased by +66.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 64% against the previous year. The import price peaked at $74,511 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($98,518 per ton), while the price for the United Arab Emirates ($46,834 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.2%), 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 Iran

In 2022, overseas purchases of tungsten (wolfram); articles thereof, including waste and scrap, powderses decreased by -49.7% to 1.6 tons, falling for the second year in a row after two years of growth. In general, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2020 when imports increased by 103%. As a result, imports attained the peak of 3.7 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses dropped rapidly to $112K in 2022. Over the period under review, imports, however, saw modest growth. The most prominent rate of growth was recorded in 2020 when imports increased by 48%.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India32.442.457.934.11.7%
China16.819.059.532.825.0%
Germany18.322.830.416.7-3.0%
United Arab Emirates18.220.324.814.4-7.5%
Turkey4.06.045.413.449.6%
Hong Kong SARN/A44.5N/AN/A0%
Others15.80.80.80.3-73.3%
Total1061562191121.9%

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

  1. India (467.0 kg)
  2. China (454.0 kg)
  3. United Arab Emirates (307.0 kg)
  4. Turkey (183.0 kg)
  5. Germany (170.0 kg)

Source: IndexBox Market Intelligence Platform

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