Price for Tungsten (Wolfram); Waste and Scrap in Austria - 2023
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in Austria (CIF) - 2023
- Imports of Tungsten (Wolfram); Waste and Scrap in Austria
Price for Tungsten (Wolfram); Waste and Scrap in Austria (CIF) - 2023
In July 2023, the average import price for tungsten (wolfram); waste and scraps amounted to $25,808 per ton, rising by 14% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.8%. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 43% against the previous month. The import price peaked in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($36,316 per ton), while the price for Turkey ($19,924 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Sweden (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tungsten (Wolfram); Waste and Scrap in Austria
Tungsten (wolfram); waste and scrap imports into Austria dropped to 3.4K tons in 2022, with a decrease of -6.3% against the previous year. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% 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 +52.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. As a result, imports reached the peak of 3.6K tons, and then fell in the following year.
In value terms, tungsten (wolfram); waste and scrap imports skyrocketed to $73M in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 99%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Tungsten (Wolfram); Waste and Scrap in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.8 | 12.4 | 33.9 | 51.7 | 51.7% |
| Sweden | 12.1 | 8.5 | 10.5 | 7.7 | -14.0% |
| Ireland | 0.1 | 0.9 | 4.2 | 4.8 | 263.4% |
| France | 0.5 | 3.7 | 3.7 | 4.3 | 104.9% |
| Italy | 4.2 | 1.3 | 3.6 | 2.2 | -19.4% |
| United Kingdom | 4.2 | 2.0 | 0.2 | N/A | -78.2% |
| Others | 0.8 | 1.5 | 4.0 | 2.5 | 46.2% |
| Total | 36.8 | 30.3 | 60.2 | 73.2 | 25.8% |
Top Suppliers of Tungsten (Wolfram); Waste and Scrap to Austria in 2022:
- Germany (2316.8 tons)
- Sweden (414.0 tons)
- France (266.2 tons)
- Ireland (187.3 tons)
- Italy (101.9 tons)
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