Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Thailand - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Thailand (CIF) - 2024
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Thailand (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Thailand
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Thailand
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Thailand (CIF) - 2024
In January 2024, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $9,761 per ton, falling by -43.9% against the previous month. Overall, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in February 2023 when the average import price increased by 722% m-o-m. The import price peaked at $179K per ton in September 2023; however, from October 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($117K per ton), while the price for Japan ($8,734 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+3.3%), while the prices for the other major suppliers experienced a decline.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Thailand (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $11,501 per ton in 2022, with an increase of 57% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2014 when the average export price increased by 134% against the previous year. As a result, the export price reached the peak level of $25,121 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($68,720 per ton), while the average price for exports to Japan ($8,156 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+10.2%), while the prices for the other major destinations experienced a decline.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Thailand
Imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses into Thailand expanded sharply to 18 tons in 2022, picking up by 11% against 2021 figures. Over the period under review, imports, however, continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year. As a result, imports attained the peak of 30 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 surged to $1M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.4% against 2020 indices.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 499 | 784 | 479 | 669 | 10.3% |
| Japan | 169 | 215 | 180 | 272 | 17.2% |
| United States | 51.4 | 48.9 | 28.7 | 44.8 | -4.5% |
| Turkey | 24.0 | 12.4 | 12.9 | 23.0 | -1.4% |
| Belgium | 57.4 | N/A | N/A | N/A | 0% |
| Others | 48.9 | 46.7 | 30.8 | 26.7 | -18.3% |
| Total | 850 | 1,107 | 732 | 1,036 | 6.8% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Thailand in 2022:
- China (15.0 tons)
- Japan (1.7 tons)
- Turkey (0.7 tons)
- United States (0.5 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Thailand
In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap, powderses exported from Thailand surged to 999 kg, increasing by 18% against the previous year's figure. In general, exports, however, saw a precipitous contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 77% against the previous year. As a result, the exports reached the peak of 28 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses skyrocketed to $11K in 2022. Over the period under review, exports, however, showed a sharp decrease.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 106 | 104 | 6.2 | 7.6 | -58.5% |
| Austria | N/A | N/A | N/A | 3.4 | 0% |
| Singapore | N/A | N/A | N/A | 0.5 | 0% |
| Others | 0.1 | 0.3 | N/A | N/A | 200.0% |
| Total | 106 | 104 | 6.2 | 11.5 | -52.3% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Thailand in 2022:
- Japan (929.0 kg)
- Austria (50.0 kg)
- Singapore (20.0 kg)
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