Price for Tungsten (Wolfram); Waste and Scrap in the United Arab Emirates - 2021
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in the United Arab Emirates (FOB) - 2022
- Price for Tungsten (Wolfram); Waste and Scrap in the United Arab Emirates (CIF) - 2022
- Exports of Tungsten (Wolfram); Waste and Scrap in the United Arab Emirates
- Imports of Tungsten (Wolfram); Waste and Scrap in the United Arab Emirates
Price for Tungsten (Wolfram); Waste and Scrap in the United Arab Emirates (FOB) - 2022
The average export price for tungsten (wolfram); waste and scraps stood at $17,904 per ton in 2021, rising by 20% against the previous year. Overall, the export price, however, saw a pronounced contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 20%. Over the period under review, the average export prices hit record highs at $26,962 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($17,638 per ton), while the average price for exports to South Sudan amounted to $1,753 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-6.6%).
Price for Tungsten (Wolfram); Waste and Scrap in the United Arab Emirates (CIF) - 2022
The average import price for tungsten (wolfram); waste and scraps stood at $10,366 per ton in 2021, jumping by 26% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 79%. As a result, import price reached the peak level of $27,000 per ton. From 2018 to 2021, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($55,820 per ton), while the price for China totaled $43,080 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Seychelles (+93.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tungsten (Wolfram); Waste and Scrap in the United Arab Emirates
After three years of growth, overseas shipments of tungsten (wolfram); waste and scraps decreased by -34.6% to 9.4 tons in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 225%.
In value terms, tungsten (wolfram); waste and scrap exports contracted markedly to $162K in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 289%.
| Export of Tungsten (Wolfram); Waste and Scrap in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Netherlands | N/A | N/A | 84.9 | 0% | |
| South Sudan | 0.3 | N/A | 33.9 | 963.0% | |
| Oman | 9.9 | 34.1 | N/A | 244.4% | |
| Others | 6.8 | 32.0 | 138 | 350.5% | |
| Total | 17.0 | 66.1 | 257 | 288.8% | |
Top Export Markets for Tungsten (Wolfram); Waste and Scrap from the United Arab Emirates in 2022:
- South Sudan (19.3 tons)
- Netherlands (4.8 tons)
Imports of Tungsten (Wolfram); Waste and Scrap in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in supplies from abroad of tungsten (wolfram); waste and scraps, when their volume increased by 67% to 1.3 tons. Overall, imports, however, faced a significant decrease.
In value terms, tungsten (wolfram); waste and scrap imports surged to $12K in 2022. Over the period under review, imports, however, saw a dramatic curtailment.
| Import of Tungsten (Wolfram); Waste and Scrap in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 2.1 | 85.2 | 59.0 | 430.0% | |
| India | 19.7 | 21.0 | 2.8 | -62.3% | |
| Germany | 75.6 | 41.2 | N/A | -45.5% | |
| United Kingdom | 278 | 128 | N/A | -54.0% | |
| Seychelles | N/A | 27.4 | N/A | 0% | |
| United States | 73.2 | 42.4 | N/A | -42.1% | |
| Others | -413.0 | -330.2 | -53.4 | -64.0% | |
| Total | 35.7 | 15.4 | 8.3 | -51.8% | |
Top Suppliers of Tungsten (Wolfram); Waste and Scrap to the United Arab Emirates in 2022:
- China (1369.0 kg)
- India (50.0 kg)
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