Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Switzerland - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Switzerland (FOB) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Switzerland (CIF) - 2022
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Switzerland
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Switzerland
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Switzerland (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $30,101 per ton in 2022, reducing by -1.9% against the previous year. Overall, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 36%. Over the period under review, the average export prices hit record highs at $44,637 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($112,900 per ton), while the average price for exports to Germany ($17,209 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 Italy (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Switzerland (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $76,352 per ton in 2022, with an increase of 13% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 69%. As a result, import price reached the peak level of $128,311 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($115,406 per ton), while the price for South Korea ($48,072 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Switzerland
Exports of tungsten (wolfram); articles thereof, including waste and scrap from Switzerland was estimated at 428 tons in 2022, picking up by 7.6% compared with the year before. The total export volume increased at an average annual rate of +2.3% over the period 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 2021 with an increase of 38% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap expanded remarkably to $13M in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. 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 Switzerland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.8 | 3.7 | 5.8 | 6.9 | 12.9% |
Italy | 0.8 | 0.7 | 0.9 | 1.2 | 14.5% |
France | 1.0 | 0.9 | 0.6 | 0.7 | -11.2% |
Others | 4.5 | 3.7 | 4.9 | 4.1 | -3.1% |
Total | 11.1 | 9.0 | 12.2 | 12.9 | 5.1% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Switzerland in 2022:
- Germany (399.8 tons)
- Italy (10.2 tons)
- France (6.5 tons)
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Switzerland
In 2022, approx. 164 tons of tungsten (wolfram); articles thereof, including waste and scrap were imported into Switzerland; growing by 5.6% against the year before. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 48%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap skyrocketed to $12M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 32% 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 Switzerland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 3.9 | 2.2 | 3.4 | 3.7 | -1.7% |
Germany | 2.5 | 2.0 | 2.2 | 2.2 | -4.2% |
Czech Republic | 0.8 | 0.9 | 1.1 | 1.7 | 28.6% |
China | 0.8 | 0.7 | 1.2 | 1.6 | 26.0% |
Austria | 0.1 | 0.2 | 0.3 | 1.1 | 122.4% |
South Korea | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
Italy | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
South Africa | N/A | 0.2 | 0.3 | 0.2 | 0.0% |
Others | 1.6 | 1.4 | 1.7 | 1.6 | 0.0% |
Total | 10.1 | 8.0 | 10.5 | 12.5 | 7.4% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Switzerland in 2022:
- France (39.9 tons)
- Germany (39.3 tons)
- Czech Republic (34.0 tons)
- Austria (17.8 tons)
- China (14.1 tons)
- South Korea (6.0 tons)
- Italy (3.9 tons)
- South Africa (2.7 tons)
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