Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uruguay - 2023
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uruguay (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uruguay (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uruguay
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uruguay
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uruguay (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap amounted to $64,889 per ton, with an increase of 2.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 348%. The import price peaked at $73,595 per ton in 2016; however, from 2017 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 United States ($179,500 per ton), while the price for China stood at $54,345 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+26.5%), 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 Uruguay (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $1,398 per ton in 2021, almost unchanged from the previous year. Over the period under review, the export price saw a sharp descent. The most prominent rate of growth was recorded in 2019 when the average export price decreased by -74.5% against the previous year. Over the period under review, the average export prices attained the maximum at $100,000 per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2018 to 2021, the rate of growth in terms of prices for Malaysia amounted to -79.9% per year.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uruguay
In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap imported into Uruguay was estimated at 235 kg, increasing by 11% on the previous year's figure. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.1% 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 +86.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Imports peaked 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 amounted to $15K in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 52%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.2 | 3.6 | 8.7 | 12.1 | 42.3% |
United States | N/A | 0.6 | 2.6 | 1.8 | 73.2% |
Hungary | 0.3 | 0.8 | N/A | N/A | 166.7% |
Italy | N/A | 2.2 | N/A | N/A | 0% |
Others | 3.0 | 1.6 | 2.1 | 1.3 | -24.3% |
Total | 7.5 | 8.8 | 13.3 | 15.2 | 26.5% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Uruguay in 2022:
- China (223.0 kg)
- United States (10.0 kg)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uruguay
In 2021, approx. 26 tons of tungsten (wolfram); articles thereof, including waste and scrap were exported from Uruguay; approximately mirroring 2020. In general, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2021 and are likely to see gradual growth in the near future.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap stood at $36K in 2021. Overall, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in years to come.
Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uruguay (Thousand USD) | ||||
---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
Malaysia | 15.2 | N/A | 26.5 | 32.0% |
Others | N/A | N/A | 9.4 | 0% |
Total | 15.2 | N/A | 35.9 | 53.7% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Uruguay in 2022:
- Malaysia (25.7 tons)
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