Salts; Tungstates (Wolframates) Price in France - 2023

Salts; Tungstates (Wolframates) Price in France (CIF) - 2022

In 2022, the average salts; tungstates (wolframates) import price amounted to $29,669 per ton, with an increase of 26% against the previous year. In general, the import price, however, saw a perceptible contraction. The growth pace was the most rapid in 2018 an increase of 44%. The import price peaked at $39,386 per ton in 2012; however, from 2013 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 Germany ($36,604 per ton), while the price for Belgium ($12,364 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.9%), while the prices for the other major suppliers experienced a decline.

Salts; Tungstates (Wolframates) Price in France (FOB) - 2022

In 2022, the average salts; tungstates (wolframates) export price amounted to $78,291 per ton, with an increase of 61% against the previous year. Overall, the export price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2013 an increase of 321%. The export price peaked at $346,086 per ton in 2020; however, from 2021 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 Uruguay ($335,240 per ton), while the average price for exports to Italy ($55,956 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 Switzerland (+76.9%), while the prices for the other major destinations experienced more modest paces of growth.

Salts; Tungstates (Wolframates) Imports in France

In 2022, the amount of salts; tungstates (wolframates) imported into France soared to 617 tons, jumping by 20% compared with 2021. In general, imports recorded a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 88% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, salts; tungstates (wolframates) imports skyrocketed to $18M in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 80%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Salts; Tungstates (Wolframates) in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	N/A	1.6	11.8	13.6	191.5%
China	9.6	N/A	N/A	3.5	-28.6%
Germany	0.3	2.4	0.1	1.0	49.4%
Belgium	N/A	0.1	0.2	0.2	41.4%
Vietnam	N/A	2.7	N/A	N/A	0%
Others	N/A	N/A	0.1	N/A	0%
Total	9.9	6.7	12.1	18.3	22.7%

Top Suppliers of Salts; Tungstates (Wolframates) to France in 2022:

Netherlands (452.9 tons)
China (119.1 tons)
Germany (27.4 tons)
Belgium (17.7 tons)

Salts; Tungstates (Wolframates) Exports in France

In 2022, after two years of decline, there was significant growth in overseas shipments of salts; tungstates (wolframates), when their volume increased by 225% to 374 kg. Over the period under review, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, salts; tungstates (wolframates) exports surged to $29K in 2022. In general, exports, however, continue to indicate a drastic downturn.

Export of Salts; Tungstates (Wolframates) in France (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	1.9	2.0	1.0	7.6	58.7%
Germany	1.0	0.2	1.1	6.2	83.7%
Belgium	N/A	0.4	1.0	5.6	274.2%
Portugal	0.3	0.1	0.8	4.7	150.2%
Italy	0.4	0.4	0.5	2.9	93.5%
Uruguay	0.6	0.7	0.3	2.4	58.7%
Morocco	1.9	N/A	0.3	N/A	-60.3%
Switzerland	47.8	48.5	N/A	N/A	1.5%
Saudi Arabia	N/A	N/A	N/A	N/A	0%
Others	0.6	0.1	0.6	N/A	0.0%
Total	54.5	52.2	5.6	29.3	-18.7%