Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Sweden - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Sweden (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Sweden (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Sweden
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Sweden
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Sweden (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $78,920 per ton in 2022, rising by 20% against the previous year. Overall, the import price posted a buoyant increase. The growth pace was the most rapid in 2020 an increase of 39% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
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 Japan ($448,436 per ton), while the price for Finland ($21,800 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.2%), 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 Sweden (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $72,169 per ton in 2022, growing by 1.9% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 increased by +81.9% against 2017 indices. The pace of growth appeared the most rapid in 2015 an increase of 38% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($937,829 per ton), while the average price for exports to Germany ($29,057 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 the United States (+22.3%), 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 Sweden
In 2022, imports of tungsten (wolfram); articles thereof, including waste and scrap into Sweden shrank to 69 tons, which is down by -12.4% compared with the previous year's figure. In general, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 27%.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap expanded notably to $5.5M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 220 | 202 | 1,039 | 1,709 | 98.0% |
| Germany | 159 | 480 | 1,060 | 1,067 | 88.6% |
| China | 1,122 | 1,222 | 1,048 | 910 | -6.7% |
| United Kingdom | 958 | 602 | 105 | 345 | -28.9% |
| Austria | 129 | 87.3 | 534 | 345 | 38.8% |
| India | 367 | 303 | 377 | 225 | -15.0% |
| Netherlands | 76.2 | 60.0 | 74.0 | 121 | 16.7% |
| Hungary | N/A | N/A | 16.2 | 69.4 | 328.4% |
| Denmark | 23.9 | 39.0 | 42.1 | 24.1 | 0.3% |
| Finland | 4.7 | 2.9 | 103 | 9.8 | 27.8% |
| Others | 881 | 720 | 781 | 626 | -10.8% |
| Total | 3,941 | 3,719 | 5,180 | 5,451 | 11.4% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Sweden in 2022:
- France (25.3 tons)
- Germany (10.5 tons)
- China (8.9 tons)
- Austria (6.5 tons)
- United Kingdom (6.0 tons)
- Hungary (2.9 tons)
- Netherlands (1.7 tons)
- Denmark (1.3 tons)
- India (0.9 tons)
- Finland (0.5 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Sweden
In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap exported from Sweden declined significantly to 61 tons, falling by -23.6% on the previous year. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, the exports reached the peak of 80 tons, and then dropped markedly in the following year.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap shrank notably to $4.4M in 2022. In general, total exports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.8% 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 +63.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 109%. As a result, the exports reached the peak of $5.7M, and then declined significantly in the following year.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,229 | 910 | 1,533 | 1,625 | 9.8% |
| Israel | 1,227 | 447 | 770 | 739 | -15.5% |
| United States | 343 | 179 | 616 | 371 | 2.7% |
| Denmark | 61.2 | 56.0 | 66.3 | 112 | 22.3% |
| Austria | 290 | 329 | 1,602 | N/A | 135.0% |
| Others | 1,030 | 784 | 1,074 | 1,562 | 14.9% |
| Total | 4,180 | 2,705 | 5,662 | 4,409 | 1.8% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Sweden in 2022:
- Germany (55.9 tons)
- Denmark (0.9 tons)
- Israel (0.8 tons)
- United States (0.7 tons)
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