Price for Tungsten (Wolfram); Waste and Scrap in Spain - 2023
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in Spain (FOB) - 2022
- Price for Tungsten (Wolfram); Waste and Scrap in Spain (CIF) - 2022
- Exports of Tungsten (Wolfram); Waste and Scrap in Spain
- Imports of Tungsten (Wolfram); Waste and Scrap in Spain
Price for Tungsten (Wolfram); Waste and Scrap in Spain (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); waste and scraps amounted to $4,899 per ton, growing by 6.3% against the previous year. In general, the export price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 32%. The export price peaked at $12,154 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($5,469 per ton), while the average price for exports to Malaysia ($739 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.0%), while the prices for the other major destinations experienced a decline.
Price for Tungsten (Wolfram); Waste and Scrap in Spain (CIF) - 2022
The average import price for tungsten (wolfram); waste and scraps stood at $13,030 per ton in 2022, falling by -14.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 73%. Over the period under review, average import prices reached the maximum at $19,991 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($63,480 per ton), while the price for the UK ($3,849 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tungsten (Wolfram); Waste and Scrap in Spain
For the fourth year in a row, Spain recorded growth in overseas shipments of tungsten (wolfram); waste and scraps, which increased by 57% to 686 tons in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, tungsten (wolfram); waste and scrap exports skyrocketed to $3.4M in 2022. Over the period under review, exports continue to indicate a significant increase. 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 Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 479 | 754 | 1,028 | 3,229 | 88.9% |
| Hong Kong SAR | N/A | N/A | 21.5 | 44.3 | 106.0% |
| Malaysia | N/A | N/A | 271 | 32.4 | -88.0% |
| Philippines | N/A | N/A | N/A | 29.9 | 0% |
| Russia | 824 | N/A | N/A | N/A | 0% |
| United States | 157 | 1,065 | 403 | N/A | 60.2% |
| Others | 205 | 453 | 288 | 26.6 | -49.4% |
| Total | 1,665 | 2,272 | 2,011 | 3,362 | 26.4% |
Top Export Markets for Tungsten (Wolfram); Waste and Scrap from Spain in 2022:
- Germany (590.3 tons)
- Malaysia (43.9 tons)
- Philippines (24.7 tons)
- Hong Kong SAR (24.1 tons)
Imports of Tungsten (Wolfram); Waste and Scrap in Spain
In 2022, approx. 17 tons of tungsten (wolfram); waste and scraps were imported into Spain; picking up by 280% on the previous year's figure. In general, imports continue to indicate a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, tungsten (wolfram); waste and scrap imports skyrocketed to $228K in 2022. Overall, imports recorded a relatively flat trend pattern.
| Import of Tungsten (Wolfram); Waste and Scrap in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 5.3 | 136 | 2466.0% |
| Portugal | 12.4 | 44.0 | 20.5 | 65.4 | 74.1% |
| Mexico | N/A | N/A | N/A | 22.2 | 0% |
| Germany | N/A | 96.2 | 35.9 | N/A | -62.7% |
| Netherlands | 75.1 | N/A | N/A | N/A | 0% |
| Romania | 135 | 89.5 | 8.4 | N/A | -75.1% |
| Others | 0.9 | N/A | N/A | 4.4 | 69.7% |
| Total | 223 | 230 | 70.1 | 228 | 0.7% |
Top Suppliers of Tungsten (Wolfram); Waste and Scrap to Spain in 2022:
- Portugal (11.2 tons)
- Italy (5.8 tons)
- Mexico (0.3 tons)
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