Price for Tungsten (Wolfram); Waste and Scrap in Canada - 2023
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in Canada (FOB) - 2023
- Price for Tungsten (Wolfram); Waste and Scrap in Canada (CIF) - 2023
- Exports of Tungsten (Wolfram); Waste and Scrap in Canada
- Imports of Tungsten (Wolfram); Waste and Scrap in Canada
Price for Tungsten (Wolfram); Waste and Scrap in Canada (FOB) - 2023
The average export price for tungsten (wolfram); waste and scraps stood at $17,958 per ton in June 2023, declining by -15.1% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 59% month-to-month. Over the period under review, the average export prices hit record highs at $34,224 per ton in February 2023; however, from March 2023 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was India ($36,239 per ton), while the average price for exports to the United States stood at $17,252 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (0.0%), while the prices for the other major destinations experienced a decline.
Price for Tungsten (Wolfram); Waste and Scrap in Canada (CIF) - 2023
In June 2023, the average import price for tungsten (wolfram); waste and scraps amounted to $29,975 per ton, which is down by -2.3% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 59% month-to-month. Over the period under review, average import prices attained the peak figure at $40,785 per ton in February 2023; however, from March 2023 to June 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Chile ($37,629 per ton), while the price for the United States ($25,284 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Costa Rica (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tungsten (Wolfram); Waste and Scrap in Canada
Tungsten (wolfram); waste and scrap exports from Canada rose significantly to 278 tons in 2022, growing by 14% against the previous year's figure. Over the period under review, exports, however, showed a deep setback.
In value terms, tungsten (wolfram); waste and scrap exports soared to $6.5M in 2022. In general, exports saw buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tungsten (Wolfram); Waste and Scrap in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.8 | 2.2 | 2.5 | 4.6 | -1.4% |
| Finland | N/A | N/A | 0.3 | 1.0 | 233.3% |
| Malaysia | N/A | N/A | 0.1 | 0.6 | 500.0% |
| Germany | 0.2 | 0.9 | 0.6 | 0.2 | 0.0% |
| Others | 0.3 | 0.1 | 0.4 | 0.1 | -30.7% |
| Total | 5.4 | 3.2 | 3.9 | 6.5 | 6.4% |
Top Export Markets for Tungsten (Wolfram); Waste and Scrap from Canada in 2022:
- United States (214.5 tons)
- Finland (36.2 tons)
- Malaysia (16.4 tons)
- Germany (7.6 tons)
Imports of Tungsten (Wolfram); Waste and Scrap in Canada
In 2022, the amount of tungsten (wolfram); waste and scraps imported into Canada soared to 92 tons, growing by 82% on 2021 figures. Overall, imports, however, saw a slight setback.
In value terms, tungsten (wolfram); waste and scrap imports surged to $2.7M in 2022. In general, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tungsten (Wolfram); Waste and Scrap in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,934 | 790 | 1,222 | 868 | -23.4% |
| India | N/A | N/A | 95.6 | 735 | 668.8% |
| Peru | 40.3 | N/A | N/A | 678 | 156.2% |
| Netherlands | 289 | N/A | N/A | 394 | 10.9% |
| China | 182 | 66.5 | 16.6 | N/A | -69.8% |
| Colombia | 180 | 63.0 | N/A | N/A | -65.0% |
| Israel | N/A | N/A | 78.1 | N/A | 0% |
| Others | 2.0 | 28.9 | 51.0 | 8.3 | 60.7% |
| Total | 2,626 | 948 | 1,463 | 2,684 | 0.7% |
Top Suppliers of Tungsten (Wolfram); Waste and Scrap to Canada in 2022:
- Peru (29.4 tons)
- United States (28.3 tons)
- India (23.4 tons)
- Netherlands (10.9 tons)
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