Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Slovakia - 2023

Contents:

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

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

In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $2,920 per ton, waning by -84.6% against the previous year. Over the period under review, the import price faced a sharp shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 159%. The import price peaked at $162,782 per ton in 2012; however, from 2013 to 2022, import prices stood 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 the United States ($67,929 per ton), while the price for France ($4,108 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+79.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $30,145 per ton in 2022, with an increase of 339% against the previous year. Over the period under review, the export price posted resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($30,232 per ton), while the average price for exports to the Netherlands amounted to $6,333 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-14.9%).

Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Slovakia

In 2022, approx. 34 tons of tungsten (wolfram); articles thereof, including waste and scrap, powderses were imported into Slovakia; picking up by 120% on the previous year's figure. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 406%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses reduced dramatically to $100K in 2022. In general, imports, however, continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 175% against the previous year. As a result, imports attained the peak of $307K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic18.41.826.056.445.3%
United States40.9N/A16.532.4-7.5%
FranceN/AN/AN/A0.50%
Germany18.0N/A24.2N/A16.0%
AustriaN/A294223N/A-24.1%
Slovenia9.9N/AN/AN/A0%
Others24.311.05.911.2-22.8%
Total112307296100-3.7%

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

  1. Czech Republic (1.6 tons)
  2. United States (0.5 tons)
  3. France (0.1 tons)

Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Slovakia

In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap, powderses exported from Slovakia shrank rapidly to 828 kg, declining by -76.5% compared with 2021. Overall, exports recorded a significant decline. The growth pace was the most rapid in 2021 when exports increased by 45% against the previous year.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $25K in 2022. In general, exports recorded a dramatic curtailment.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A24.90%
Netherlands133N/A24.2N/A-57.3%
ItalyN/A65.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total13365.124.225.0-42.7%

Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Slovakia in 2022:

  1. Germany (825.0 kg)
  2. Netherlands (3.0 kg)

Source: IndexBox Market Intelligence Platform

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