Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Romania - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Romania (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Romania (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Romania
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Romania
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Romania (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $31,345 per ton in 2022, with an increase of 5.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $33,044 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($169,928 per ton), while the price for the Czech Republic ($21,065 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Romania (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $51,484 per ton in 2022, waning by -12.5% against the previous year. Over the period under review, the export price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2014 an increase of 190%. The export price peaked at $58,837 per ton in 2021, and then declined in the following year.
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 Hungary ($141,284 per ton), while the average price for exports to Hong Kong SAR ($12,000 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 Bulgaria (+32.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Romania
In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap imported into Romania totaled 129 tons, growing by 3.6% compared with 2021. The total import volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap expanded remarkably to $4.1M in 2022. The total import value increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,005 | 868 | 1,141 | 1,099 | 3.0% |
| China | 583 | 469 | 542 | 823 | 12.2% |
| Czech Republic | 5.8 | 12.0 | 273 | 793 | 415.2% |
| France | 471 | 679 | 632 | 626 | 9.9% |
| Switzerland | 503 | 297 | 421 | 238 | -22.1% |
| Italy | 190 | 174 | 233 | 164 | -4.8% |
| United Kingdom | 52.7 | 36.0 | 67.5 | 98.4 | 23.1% |
| Hungary | 2.4 | 18.8 | 77.2 | 69.7 | 207.4% |
| Others | 400 | 303 | 332 | 142 | -29.2% |
| Total | 3,214 | 2,856 | 3,719 | 4,054 | 8.0% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Romania in 2022:
- Germany (52.2 tons)
- Czech Republic (37.6 tons)
- France (19.7 tons)
- Italy (5.0 tons)
- China (4.8 tons)
- Switzerland (4.8 tons)
- United Kingdom (2.6 tons)
- Hungary (0.5 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Romania
In 2022, exports of tungsten (wolfram); articles thereof, including waste and scrap from Romania surged to 41 tons, growing by 32% on the year before. The total export volume increased at an average annual rate of +10.7% over the period 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 surged to $2.1M in 2022. The total export value increased at an average annual rate of +14.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 37%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,304 | 1,874 | 1,748 | 1,982 | 15.0% |
| Czech Republic | 30.2 | 1.6 | 1.8 | 20.4 | -12.3% |
| Others | 72.9 | 50.3 | 65.2 | 96.6 | 9.8% |
| Total | 1,407 | 1,926 | 1,815 | 2,099 | 14.3% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Romania in 2022:
- Germany (39.7 tons)
- Czech Republic (0.3 tons)
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