Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uzbekistan - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uzbekistan (FOB) - 2023
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uzbekistan (CIF) - 2022
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uzbekistan
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uzbekistan
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uzbekistan (FOB) - 2023
The average export price for tungsten (wolfram); articles thereof, including waste and scrap stood at $40,272 per ton in November 2023, approximately reflecting the previous month. In general, the export price recorded a slight decline. As a result, the export price reached the peak level of $44,777 per ton. From March 2023 to November 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From February 2023 to November 2023, the rate of growth in terms of prices for Russia amounted to -1.2% per month.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uzbekistan (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap stood at $62,737 per ton in 2022, increasing by 27% against the previous year. In general, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 97%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($156,703 per ton), while the price for the United Arab Emirates ($7,233 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+22.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uzbekistan
In 2022, approx. 6 tons of tungsten (wolfram); articles thereof, including waste and scrap were exported from Uzbekistan; which is down by -39.7% compared with the previous year's figure. Overall, exports showed a sharp downturn.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap shrank sharply to $241K in 2022. In general, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, the exports attained the peak of $1.6M, and then reduced markedly in the following year.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uzbekistan (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Ukraine | 165 | 760 | 241 | 20.9% |
| Russia | 316 | 137 | N/A | -56.6% |
| United States | 197 | N/A | N/A | 0% |
| Belarus | 423 | 656 | N/A | 55.1% |
| Others | N/A | 0.3 | N/A | 0% |
| Total | 1,102 | 1,553 | 241 | -53.2% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap from Uzbekistan in 2022:
- Ukraine (6.0 tons)
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uzbekistan
In 2022, supplies from abroad of tungsten (wolfram); articles thereof, including waste and scrap decreased by -19.4% to 1.1 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.7% 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 +28.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. As a result, imports attained the peak of 1.4 tons, and then contracted remarkably in the following year.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap totaled $71K in 2022. Over the period under review, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2021 when imports increased by 181%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.6 | 21.4 | 51.6 | 53.1 | 35.0% |
| Germany | N/A | N/A | 0.8 | 5.8 | 625.0% |
| United Arab Emirates | N/A | N/A | N/A | 0.8 | 0% |
| Russia | 25.0 | 3.1 | 15.0 | N/A | -22.5% |
| Others | 6.1 | 0.1 | 1.7 | 11.3 | 22.8% |
| Total | 52.7 | 24.6 | 69.1 | 71.0 | 10.4% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap to Uzbekistan in 2022:
- China (962.0 kg)
- United Arab Emirates (116.0 kg)
- Germany (37.0 kg)
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