Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ukraine - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ukraine (CIF) - 2024
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ukraine (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ukraine
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ukraine
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ukraine (CIF) - 2024
In March 2024, the average import price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $51,613 per ton, dropping by -91.9% against the previous month. Over the period under review, the import price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in February 2024 when the average import price increased by 977% against the previous month. As a result, import price attained the peak level of $639K per ton, and then declined dramatically in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2023 to March 2024, the rate of growth in terms of prices for China amounted to -1.3% per month.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ukraine (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $279,449 per ton in 2022, surging by 39% against the previous year. Overall, the export price recorded a significant increase. The pace of growth appeared the most rapid in 2015 an increase of 789%. As a result, the export price attained the peak level of $1,039,992 per ton. From 2016 to 2022, the average 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 China ($1,822,917 per ton), while the average price for exports to Hungary ($45,444 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 China (+22.0%), 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 Ukraine
In 2022, after three years of growth, there was significant decline in overseas purchases of tungsten (wolfram); articles thereof, including waste and scrap, when their volume decreased by -80.5% to 11 tons. In general, imports saw a sharp slump. The growth pace was the most rapid in 2021 with an increase of 131%. As a result, imports attained the peak of 58 tons, and then declined rapidly in the following year.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap contracted notably to $792K in 2022. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 81%. As a result, imports reached the peak of $2.4M, and then reduced notably in the following year.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 877 | 845 | 522 | 316 | -28.8% |
| Uzbekistan | N/A | 180 | 1,490 | 186 | 1.7% |
| Russia | 50.5 | 42.8 | 170 | 146 | 42.5% |
| Czech Republic | 217 | 133 | N/A | N/A | -38.7% |
| Others | 128 | 114 | 195 | 145 | 4.2% |
| Total | 1,272 | 1,314 | 2,376 | 792 | -14.6% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Ukraine in 2022:
- Uzbekistan (6.3 tons)
- China (3.0 tons)
- Russia (1.5 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ukraine
In 2022, overseas shipments of tungsten (wolfram); articles thereof, including waste and scrap decreased by -58.4% to 176 kg, falling for the second year in a row after two years of growth. In general, exports faced a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 329% against the previous year. As a result, the exports reached the peak of 1.5 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap dropped sharply to $49K in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 60%.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 22.4 | 0% |
| China | 21.6 | 35.6 | 64.8 | 21.9 | 0.5% |
| Hungary | 5.8 | 5.1 | 6.4 | 4.9 | -5.5% |
| Russia | N/A | 0.1 | 11.9 | N/A | 11800.0% |
| Moldova | 0.1 | 4.0 | N/A | N/A | 3900.0% |
| Poland | 21.5 | 12.3 | N/A | N/A | -42.8% |
| Czech Republic | N/A | 9.5 | N/A | N/A | 0% |
| Others | 1.5 | 14.3 | 2.2 | N/A | 21.1% |
| Total | 50.6 | 81.0 | 85.3 | 49.2 | -0.9% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Ukraine in 2022:
- Hungary (108.0 kg)
- Kazakhstan (56.0 kg)
- China (12.0 kg)
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