Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Mexico - 2023
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Mexico (CIF) - 2023
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Mexico
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Mexico (CIF) - 2023
The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $62,001 per ton in November 2023, increasing by 4.6% against the previous month. Over the period under review, the import price showed a modest increase. The pace of growth was the most pronounced in February 2023 when the average import price increased by 71% m-o-m. As a result, import price attained the peak level of $114K per ton. From March 2023 to November 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From November 2022 to November 2023, the rate of growth in terms of prices for the United States amounted to +1.4% per month.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Mexico
In 2022, after two years of decline, there was significant growth in overseas purchases of tungsten (wolfram); articles thereof, including waste and scrap, powderses, when their volume increased by 86% to 31 tons. Overall, imports, however, showed a abrupt downturn.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses soared to $2M in 2022. Over the period under review, imports, however, saw a slight shrinkage.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,731 | 1,028 | 589 | 1,994 | 4.8% |
Germany | 11.5 | 35.7 | 23.4 | 25.5 | 30.4% |
China | 37.5 | 40.0 | 37.2 | N/A | -0.4% |
Czech Republic | 174 | 132 | 192 | N/A | 5.0% |
Israel | 149 | 89.7 | 32.0 | N/A | -53.7% |
Others | 11.3 | 9.1 | 10.7 | N/A | -2.7% |
Total | 2,115 | 1,334 | 884 | 2,019 | -1.5% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Mexico in 2022:
- United States (30.2 tons)
- Germany (0.6 tons)
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