Price for Tungsten (Wolfram); Waste and Scrap in Vietnam - 2021
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in Vietnam (FOB) - 2022
- Price for Tungsten (Wolfram); Waste and Scrap in Vietnam (CIF) - 2022
- Exports of Tungsten (Wolfram); Waste and Scrap in Vietnam
- Imports of Tungsten (Wolfram); Waste and Scrap in Vietnam
Price for Tungsten (Wolfram); Waste and Scrap in Vietnam (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); waste and scraps amounted to $20,469 per ton, declining by -4.8% against the previous year. Over the period under review, the export price continues to indicate a noticeable reduction. The growth pace was the most rapid in 2015 when the average export price increased by 53%. The export price peaked at $28,069 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($25,921 per ton), while the average price for exports to Japan ($1,227 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 Japan (-4.0%), while the prices for the other major destinations experienced a decline.
Price for Tungsten (Wolfram); Waste and Scrap in Vietnam (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); waste and scraps amounted to $7,498 per ton, picking up by 7.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 66% against the previous year. Over the period under review, average import prices reached the maximum at $12,917 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
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 Germany ($34,605 per ton), while the price for Hong Kong SAR ($1,328 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+115.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tungsten (Wolfram); Waste and Scrap in Vietnam
Tungsten (wolfram); waste and scrap exports from Vietnam stood at 95 tons in 2022, approximately equating the previous year's figure. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 151% against the previous year. As a result, the exports reached the peak of 96 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, tungsten (wolfram); waste and scrap exports declined modestly to $2M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 109%.
| Export of Tungsten (Wolfram); Waste and Scrap in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 586 | 1,304 | 1,184 | 1,025 | 20.5% |
| United States | 309 | 538 | 835 | 897 | 42.7% |
| Japan | 0.4 | 1.3 | 1.3 | 18.4 | 258.3% |
| Others | 3.8 | 32.0 | 5.5 | 10.3 | 39.4% |
| Total | 899 | 1,875 | 2,026 | 1,950 | 29.4% |
Top Export Markets for Tungsten (Wolfram); Waste and Scrap from Vietnam in 2022:
- Germany (45.0 tons)
- United States (34.6 tons)
- Japan (15.0 tons)
Imports of Tungsten (Wolfram); Waste and Scrap in Vietnam
In 2022, the amount of tungsten (wolfram); waste and scraps imported into Vietnam shrank markedly to 67 tons, which is down by -34.4% on the previous year's figure. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 229% against the previous year. As a result, imports attained the peak of 102 tons, and then reduced rapidly in the following year.
In value terms, tungsten (wolfram); waste and scrap imports contracted notably to $500K in 2022. Over the period under review, imports faced a sharp slump. The pace of growth was the most pronounced in 2021 when imports increased by 147% against the previous year.
| Import of Tungsten (Wolfram); Waste and Scrap in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 387 | 126 | 351 | 248 | -13.8% |
| India | 487 | 120 | 246 | 188 | -27.2% |
| Hong Kong SAR | 146 | 22.3 | 102 | 64.3 | -23.9% |
| South Korea | N/A | 19.8 | N/A | N/A | 0% |
| Singapore | 55.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 13.0 | N/A | 0% |
| Total | 1,075 | 288 | 712 | 500 | -22.5% |
Top Suppliers of Tungsten (Wolfram); Waste and Scrap to Vietnam in 2022:
- Hong Kong SAR (48.4 tons)
- India (11.1 tons)
- Germany (7.2 tons)
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