Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Russia - 2022
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Russia (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Russia (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Russia
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Russia
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Russia (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $50,139 per ton in 2022, with an increase of 42% against the previous year. In general, the import price, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2015 an increase of 71%. Over the period under review, average import prices attained the peak figure at $89,519 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($61,910 per ton), while the price for Uzbekistan ($22,751 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+21.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Russia (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $33,071 per ton, picking up by 57% against the previous year. Over the period under review, the export price showed a mild expansion. The most prominent rate of growth was recorded in 2017 an increase of 61%. The export price peaked at $33,231 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($114,626 per ton), while the average price for exports to Germany ($14,608 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 Kazakhstan (+9.3%), 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 Russia
In 2022, overseas purchases of tungsten (wolfram); articles thereof, including waste and scrap decreased by -40.8% to 177 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap fell markedly to $8.9M in 2022. The total import value increased at an average annual rate of +1.3% over the period 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 with an increase of 39%. As a result, imports attained the peak of $11M, and then dropped significantly in the following year.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.0 | 3.1 | 4.6 | 5.0 | 7.7% |
| Germany | 1.9 | 1.1 | 3.2 | 2.6 | 11.0% |
| Czech Republic | 0.2 | 0.1 | 0.7 | 0.6 | 44.2% |
| United States | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
| Uzbekistan | N/A | 0.3 | 0.3 | 0.2 | -18.4% |
| Singapore | 0.5 | 0.3 | N/A | N/A | -40.0% |
| Estonia | 0.4 | 1.5 | 0.5 | N/A | 11.8% |
| Belarus | N/A | 0.2 | 0.7 | N/A | 250.0% |
| Others | 1.3 | 0.7 | 0.4 | 0.2 | -46.4% |
| Total | 8.5 | 7.5 | 10.5 | 8.9 | 1.5% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Russia in 2022:
- China (106.8 tons)
- Germany (44.5 tons)
- Czech Republic (10.2 tons)
- Uzbekistan (9.3 tons)
- United States (4.2 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Russia
In 2022, overseas shipments of tungsten (wolfram); articles thereof, including waste and scrap decreased by -84.1% to 52 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2020 with an increase of 35%. As a result, the exports reached the peak of 831 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap shrank sharply to $1.7M in 2022. In general, exports saw a sharp decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 16%. As a result, the exports reached the peak of $13M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.5 | 11.6 | 5.5 | 0.5 | -61.1% |
| South Korea | 0.6 | 0.7 | 0.7 | 0.5 | -5.9% |
| Turkey | N/A | N/A | N/A | 0.3 | 0% |
| Ukraine | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Kazakhstan | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| United Kingdom | 1.1 | 0.4 | N/A | N/A | -63.6% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Others | 1.1 | 0.4 | 0.4 | 0.1 | -55.0% |
| Total | 11.4 | 13.3 | 6.9 | 1.7 | -47.0% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Russia in 2022:
- Germany (36.6 tons)
- South Korea (5.3 tons)
- Turkey (2.5 tons)
- Kazakhstan (2.1 tons)
- Ukraine (1.8 tons)
- Netherlands (1.8 tons)
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