Salts; Tungstates (Wolframates) Price in Ireland - 2023

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

In 2022, the average salts; tungstates (wolframates) import price amounted to $27,820 per ton, with a decrease of -32% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 1.1% against the previous year. Over the period under review, average import prices reached the peak figure at $41,514 per ton in 2020; however, from 2021 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 China ($82,012 per ton), while the price for India ($13,727 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average salts; tungstates (wolframates) export price stood at $17,667 per ton in 2022, declining by -22.1% against the previous year. Overall, the export price recorded a sharp decline. Over the period under review, the average export prices hit record highs at $22,667 per ton in 2021, and then fell markedly in the following year.

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

From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Salts; Tungstates (Wolframates) Imports in Ireland

In 2022, salts; tungstates (wolframates) imports into Ireland shrank markedly to 50 kg, reducing by -59.7% against the year before. In general, imports showed a sharp contraction. The smallest decline of -12.7% was in 2021.

In value terms, salts; tungstates (wolframates) imports declined rapidly to $1.4K in 2022. Over the period under review, imports showed a sharp descent. The smallest decline of -14.2% was in 2021.

Import of Salts; Tungstates (Wolframates) in Ireland (USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
United Kingdom	N/A	42.0	562	1238.1%
India	N/A	681	444	-34.8%
Belgium	N/A	406	235	-42.1%
China	N/A	N/A	83.0	0%
Germany	329	153	45.0	-63.0%
United States	N/A	722	23.0	-96.8%
France	5,566	3,053	N/A	-45.1%
Others	N/A	1.0	-1.0	-200.0%
Total	5,895	5,058	1,391	-51.4%

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

India (32.0 kg)
United Kingdom (10.0 kg)
Belgium (5.0 kg)
United States (1.0 kg)
Germany (1.0 kg)
China (1.0 kg)

Salts; Tungstates (Wolframates) Exports in Ireland

In 2022, salts; tungstates (wolframates) exports from Ireland was estimated at 3 kg, remaining stable against 2021 figures. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, salts; tungstates (wolframates) exports declined markedly to $53 in 2022. Over the period under review, exports recorded a significant decrease.