Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Malaysia - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Malaysia (FOB) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Malaysia (CIF) - 2022
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Malaysia
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Malaysia
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Malaysia (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $8,044 per ton in 2022, dropping by -58.3% against the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 201% against the previous year. Over the period under review, the average export prices reached the maximum at $42,652 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($15,332 per ton), while the average price for exports to the United States ($1,711 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+24.8%), while the prices for the other major destinations experienced a decline.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Malaysia (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $16,545 per ton in 2022, surging by 74% against the previous year. Over the period under review, the import price enjoyed a pronounced expansion. The growth pace was the most rapid in 2014 when the average import price increased by 189%. As a result, import price reached the peak level of $22,114 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
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 Japan ($24,444 per ton), while the price for China ($9,054 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Malaysia
In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap, powderses exported from Malaysia surged to 99 tons, growing by 132,220% compared with 2021 figures. In general, exports posted a significant increase. As a result, the exports attained 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 $798K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 791 | 0% |
| United States | N/A | N/A | N/A | 3.3 | 0% |
| Others | 6.7 | N/A | 1.4 | 3.8 | -17.2% |
| Total | 6.7 | N/A | 1.4 | 798 | 392.0% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Malaysia in 2022:
- India (97.1 tons)
- United States (1.9 tons)
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Malaysia
In 2022, overseas purchases of tungsten (wolfram); articles thereof, including waste and scrap, powderses decreased by -87.8% to 20 tons, falling for the second year in a row after two years of growth. Overall, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 117%. As a result, imports reached the peak of 791 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses shrank sharply to $335K in 2022. In general, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 252% against the previous year. As a result, imports reached the peak of $8.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 58.5 | 57.3 | N/A | 145 | 35.3% |
| United States | 197 | 204 | 34.0 | 113 | -16.9% |
| China | 552 | 451 | 748 | 17.9 | -68.1% |
| Japan | 54.4 | 190 | 39.4 | 17.4 | -31.6% |
| Canada | 1.4 | 9.4 | 11.9 | 16.8 | 128.9% |
| Hong Kong SAR | 1,286 | 6,971 | 590 | N/A | -32.3% |
| Others | 152 | 207 | 158 | 25.1 | -45.1% |
| Total | 2,301 | 8,089 | 1,582 | 335 | -47.4% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Malaysia in 2022:
- United States (9.6 tons)
- Germany (6.4 tons)
- China (2.0 tons)
- Canada (1.3 tons)
- Japan (0.7 tons)
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