Price for Tungsten (Wolfram); Waste and Scrap in the Czech Republic - 2023

Contents:

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

Price for Tungsten (Wolfram); Waste and Scrap in the Czech Republic (FOB) - 2022

The average export price for tungsten (wolfram); waste and scraps stood at $23,694 per ton in 2022, picking up by 2.7% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 70%. The export price peaked at $27,041 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +7.6% per year.

Price for Tungsten (Wolfram); Waste and Scrap in the Czech Republic (CIF) - 2022

In 2022, the average import price for tungsten (wolfram); waste and scraps amounted to $15,454 per ton, waning by -37.3% against the previous year. Over the period under review, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 an increase of 46% against the previous year. As a result, import price attained the peak level of $24,630 per ton, and then shrank rapidly in the following year.

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 Slovakia ($28,383 per ton), while the price for the UK ($806 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tungsten (Wolfram); Waste and Scrap in the Czech Republic

Tungsten (wolfram); waste and scrap exports from the Czech Republic skyrocketed to 214 tons in 2022, increasing by 19% against the previous year. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 77% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, tungsten (wolfram); waste and scrap exports soared to $5.1M in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 55%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

Export of Tungsten (Wolfram); Waste and Scrap in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.42.23.55.153.9%
NetherlandsN/AN/A0.5N/A0%
Poland0.30.5N/AN/A66.7%
Others0.10.10.2N/A41.4%
Total1.82.94.25.141.5%

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

  1. Germany (214.2 tons)

Imports of Tungsten (Wolfram); Waste and Scrap in the Czech Republic

In 2022, after two years of decline, there was significant growth in purchases abroad of tungsten (wolfram); waste and scraps, when their volume increased by 127% to 301 tons. Overall, imports, however, saw a deep slump.

In value terms, tungsten (wolfram); waste and scrap imports skyrocketed to $4.6M in 2022. In general, imports, however, saw a deep downturn.

Import of Tungsten (Wolfram); Waste and Scrap in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,976N/A3532,025-12.0%
Romania4698721,6641,74354.9%
Slovakia22915847948428.3%
France73.8N/AN/A25851.8%
United KingdomN/AN/AN/A87.60%
LuxembourgN/A1,536290N/A-81.1%
Poland536178N/AN/A-66.8%
United States1,151N/AN/AN/A0%
Others30784848352.6-44.5%
Total5,7423,5933,2694,649-6.8%

Top Suppliers of Tungsten (Wolfram); Waste and Scrap to the Czech Republic in 2022:

  1. United Kingdom (108.6 tons)
  2. Germany (86.5 tons)
  3. Romania (64.8 tons)
  4. France (22.0 tons)
  5. Slovakia (17.0 tons)

Source: IndexBox Market Intelligence Platform

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