Price for Tungsten (Wolfram); Waste and Scrap in Denmark - 2023

Contents:

  1. Price for Tungsten (Wolfram); Waste and Scrap in Denmark (FOB) - 2022
  2. Price for Tungsten (Wolfram); Waste and Scrap in Denmark (CIF) - 2022
  3. Exports of Tungsten (Wolfram); Waste and Scrap in Denmark
  4. Imports of Tungsten (Wolfram); Waste and Scrap in Denmark

Price for Tungsten (Wolfram); Waste and Scrap in Denmark (FOB) - 2022

The average export price for tungsten (wolfram); waste and scraps stood at $21,799 per ton in 2022, surging by 26% against the previous year. Overall, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 136%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($24,592 per ton) and Ireland ($23,408 per ton), while the average price for exports to Germany ($21,501 per ton) and Finland ($23,395 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tungsten (Wolfram); Waste and Scrap in Denmark (CIF) - 2022

The average import price for tungsten (wolfram); waste and scraps stood at $20,315 per ton in 2022, jumping by 23% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41%. The import price peaked at $25,278 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($20,486 per ton), while the price for Sweden totaled $14,965 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+32.5%), while the prices for the other major suppliers experienced a decline.

Exports of Tungsten (Wolfram); Waste and Scrap in Denmark

In 2022, approx. 30 tons of tungsten (wolfram); waste and scraps were exported from Denmark; picking up by 182% against 2021. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tungsten (wolfram); waste and scrap exports skyrocketed to $656K in 2022. Over the period under review, exports continue to indicate a significant expansion. 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 Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14081.818454557.3%
IrelandN/AN/AN/A60.00%
FinlandN/AN/AN/A38.60%
Others26.7N/AN/A11.6-24.3%
Total16781.818465657.8%

Top Export Markets for Tungsten (Wolfram); Waste and Scrap from Denmark in 2022:

  1. Germany (25.4 tons)
  2. Ireland (2.6 tons)
  3. Finland (1.6 tons)

Imports of Tungsten (Wolfram); Waste and Scrap in Denmark

After three years of growth, purchases abroad of tungsten (wolfram); waste and scraps decreased by -50.2% to 3.8 tons in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 323% against the previous year.

In value terms, tungsten (wolfram); waste and scrap imports reduced rapidly to $78K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 373% against the previous year.

Import of Tungsten (Wolfram); Waste and Scrap in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/A70.312776.34.2%
Sweden13.12.7N/A1.8-48.4%
Others2.4N/AN/AN/A0%
Total15.473.012778.171.8%

Top Suppliers of Tungsten (Wolfram); Waste and Scrap to Denmark in 2022:

  1. Norway (3.7 tons)
  2. Sweden (0.1 tons)

Source: IndexBox Market Intelligence Platform

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