Salts; Tungstates (Wolframates) Price in Indonesia - 2022

Contents:

  1. Salts; Tungstates (Wolframates) Price in Indonesia (CIF) - 2022
  2. Salts; Tungstates (Wolframates) Imports in Indonesia

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

The average salts; tungstates (wolframates) import price stood at $23,729 per ton in 2022, with a decrease of -20.8% against the previous year. Overall, the import price, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by 103% against the previous year. The import price peaked at $49,705 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($63,665 per ton), while the price for Japan amounted to $22,175 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+105.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Salts; Tungstates (Wolframates) Imports in Indonesia

In 2022, imports of salts; tungstates (wolframates) into Indonesia skyrocketed to 6.3 tons, jumping by 256% against 2021 figures. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, salts; tungstates (wolframates) imports surged to $150K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Salts; Tungstates (Wolframates) in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan25.339.142.513574.7%
Germany3.14.94.715.169.5%
India0.4N/A5.9N/A284.1%
Others0.13.8N/AN/A3700.0%
Total28.947.853.115073.1%

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

  1. Japan (6.1 tons)
  2. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

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