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

Contents:

  1. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Czech Republic (FOB) - 2023
  2. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Czech Republic (CIF) - 2023
  3. Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Czech Republic
  4. Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Czech Republic

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Czech Republic (FOB) - 2023

The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $31,516 per ton in November 2023, with a decrease of -44.4% against the previous month. In general, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in April 2023 an increase of 25% against the previous month. The export price peaked at $56,660 per ton in October 2023, and then fell markedly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($55,982 per ton), while the average price for exports to South Africa ($852 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Czech Republic (CIF) - 2023

The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $24,830 per ton in November 2023, leveling off at the previous month. Overall, the import price, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in June 2023 an increase of 16% m-o-m. As a result, import price attained the peak level of $29,880 per ton. From July 2023 to November 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From November 2022 to November 2023, the rate of growth in terms of prices for Poland amounted to +4.1% per month.

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

In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap, powderses exported from the Czech Republic skyrocketed to 1.2K tons, growing by 28% on the previous year's figure. The total export volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached 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 $42M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +95.1% against 2020 indices. 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 the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria12.610.011.614.44.6%
Poland2.52.84.77.141.6%
France4.53.65.66.211.3%
United States2.2N/AN/A6.140.5%
Germany6.62.72.53.5-19.1%
Switzerland0.70.91.01.734.4%
Others1.31.53.82.930.7%
Total30.521.529.341.911.2%

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

  1. Poland (440.2 tons)
  2. Austria (310.6 tons)
  3. United States (129.2 tons)
  4. France (125.0 tons)
  5. Germany (79.1 tons)
  6. Switzerland (34.0 tons)

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

In 2022, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses into the Czech Republic soared to 412 tons, jumping by 145% on 2021 figures. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses surged to $7.8M in 2022. Overall, imports saw a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4.11.02.26.516.6%
United States0.20.50.50.858.7%
Austria0.30.50.40.1-30.7%
Others0.2N/A0.20.426.0%
Total4.82.13.37.817.6%

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

  1. Poland (387.3 tons)
  2. United States (16.0 tons)
  3. Austria (1.6 tons)

Source: IndexBox Market Intelligence Platform

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