Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Spain - 2023
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Spain (FOB) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Spain (CIF) - 2022
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Spain
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Spain
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Spain (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $102,747 per ton in 2022, growing by 19% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses increased by +7.0% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 77% against the previous year. The export price peaked at $119,033 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($110,536 per ton), while the average price for exports to the United States totaled $101,584 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+6.1%), while the prices for the other major destinations experienced a decline.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Spain (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $62,384 per ton, almost unchanged from the previous year. Over the period under review, the import price continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 458% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.
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 Netherlands ($89,539 per ton), while the price for Austria ($50,175 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.7%), 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 Spain
In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap, powderses exported from Spain shrank markedly to 862 kg, with a decrease of -86.2% against 2021. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 607%. As a result, the exports reached the peak of 6.2 tons, and then contracted rapidly in the following year.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses dropped rapidly to $89K in 2022. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 551%. As a result, the exports attained the peak of $540K, and then reduced notably in the following year.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 118 | 71.1 | 70.7 | 76.2 | -13.6% |
| Portugal | N/A | 11.8 | 5.2 | 12.4 | 2.5% |
| Belgium | N/A | N/A | 464 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 118 | 82.9 | 540 | 88.6 | -9.1% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Spain in 2022:
- United States (750.0 kg)
- Portugal (112.0 kg)
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Spain
In 2022, overseas purchases of tungsten (wolfram); articles thereof, including waste and scrap, powderses decreased by -20.7% to 1.1 tons, falling for the second consecutive year after two years of growth. In general, imports saw a noticeable contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 72% against the previous year. As a result, imports reached the peak of 2.3 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 declined sharply to $71K in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 77%. As a result, imports reached the peak of $124K. 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 Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 23.6 | 35.6 | 28.5 | 28.3 | 6.2% |
| United States | 25.5 | 36.2 | 24.4 | 19.6 | -8.4% |
| France | 16.5 | 13.6 | 7.0 | 13.6 | -6.2% |
| Netherlands | 2.7 | 38.1 | 17.3 | 9.1 | 49.9% |
| Others | 1.8 | 0.9 | 11.7 | 0.3 | -45.0% |
| Total | 70.1 | 124 | 88.9 | 71.1 | 0.5% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Spain in 2022:
- Austria (565.0 kg)
- United States (250.0 kg)
- France (219.0 kg)
- Netherlands (102.0 kg)
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