Salts; Tungstates (Wolframates) Price in the Czech Republic - 2023

Salts; Tungstates (Wolframates) Price in the Czech Republic (CIF) - 2022

In 2022, the average salts; tungstates (wolframates) import price amounted to $47,964 per ton, which is down by -49.8% against the previous year. In general, the import price, however, recorded a tangible increase. The growth pace was the most rapid in 2019 an increase of 202% against the previous year. Over the period under review, average import prices hit record highs at $131,750 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +29.0% per year.

Salts; Tungstates (Wolframates) Price in the Czech Republic (FOB) - 2022

The average salts; tungstates (wolframates) export price stood at $22,667 per ton in 2021, increasing by 144% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 373%. As a result, the export price reached the peak level of $156,000 per ton. From 2015 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -10.6% per year.

Salts; Tungstates (Wolframates) Imports in the Czech Republic

In 2022, overseas purchases of salts; tungstates (wolframates) increased by 775% to 884 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a dramatic descent.

In value terms, salts; tungstates (wolframates) imports soared to $42K in 2022. Overall, imports, however, faced a dramatic decrease.

Import of Salts; Tungstates (Wolframates) in the Czech Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	13.1	9.9	5.1	42.0	47.5%
Netherlands	137	87.1	N/A	N/A	-36.4%
Poland	498	131	N/A	N/A	-73.7%
Others	94.6	0.7	4.5	0.4	-83.8%
Total	743	229	9.6	42.4	-61.5%

Top Suppliers of Salts; Tungstates (Wolframates) to the Czech Republic in 2022:

Germany (881.0 kg)

Salts; Tungstates (Wolframates) Exports in the Czech Republic

In 2021, the amount of salts; tungstates (wolframates) exported from the Czech Republic declined significantly to 6 kg, falling by 99.9% against the previous year's figure. Over the period under review, exports showed a significant curtailment. The smallest decline of -80.1% was in 2020.

In value terms, salts; tungstates (wolframates) exports shrank remarkably to $136 in 2021. In general, exports faced a dramatic decline. The smallest decline of -79.1% was in 2020.