Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Kuwait - 2022
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Kuwait (CIF) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Kuwait
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Kuwait (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $23,178 per ton in 2022, increasing by 7.8% against the previous year. Over the period under review, the import price, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 36%. Over the period under review, average import prices reached the peak figure at $113,925 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($23,972 per ton), while the price for the United States amounted to $22,971 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-2.9%).
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Kuwait
In 2022, approx. 174 kg of tungsten (wolfram); articles thereof, including waste and scrap, powderses were imported into Kuwait; declining by -74.6% on the previous year's figure. In general, imports saw a sharp descent. The most prominent rate of growth was recorded in 2021 when imports increased by 680% against the previous year. As a result, imports attained the peak of 686 kg, and then reduced notably in the following year.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses declined markedly to $4K in 2022. Over the period under review, imports recorded a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of 563% against the previous year.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.6 | 1.8 | 7.4 | 3.2 | -11.4% |
| United Arab Emirates | N/A | 0.5 | 7.4 | 0.9 | 34.2% |
| United Kingdom | 10.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.1 | 2.2 | 14.7 | 4.0 | -35.8% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Kuwait in 2022:
- United States (138.0 kg)
- United Arab Emirates (36.0 kg)
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