Salts; Tungstates (Wolframates) Price in the Netherlands - 2023
Contents:
- Salts; Tungstates (Wolframates) Price in the Netherlands (FOB) - 2023
- Salts; Tungstates (Wolframates) Price in the Netherlands (CIF) - 2022
- Salts; Tungstates (Wolframates) Exports in the Netherlands
- Salts; Tungstates (Wolframates) Imports in the Netherlands
Salts; Tungstates (Wolframates) Price in the Netherlands (FOB) - 2023
In May 2023, the average salts; tungstates (wolframates) export price amounted to $28,976 per ton, with a decrease of -1.8% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 10% month-to-month. The export price peaked at $29,920 per ton in June 2022; however, from July 2022 to May 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In May 2023, the country with the highest price was Germany ($29,510 per ton), while the average price for exports to France amounted to $28,974 per ton.
From June 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (0.0%), while the prices for the other major destinations experienced a decline.
Salts; Tungstates (Wolframates) Price in the Netherlands (CIF) - 2022
The average salts; tungstates (wolframates) import price stood at $29,839 per ton in 2022, jumping by 34% against the previous year. Overall, the import price posted modest growth. The pace of growth appeared the most rapid in 2014 an increase of 410% against the previous year. As a result, import price attained the peak level of $40,746 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($70,905 per ton), while the price for Vietnam ($29,934 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+30.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Salts; Tungstates (Wolframates) Exports in the Netherlands
After three years of growth, shipments abroad of salts; tungstates (wolframates) decreased by -27% to 679 tons in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 127%. As a result, the exports reached the peak of 931 tons, and then declined dramatically in the following year.
In value terms, salts; tungstates (wolframates) exports reached $21M in 2022. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 179% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
| Export of Salts; Tungstates (Wolframates) in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.8 | 3.8 | 13.5 | 15.5 | 59.8% |
| Austria | N/A | N/A | 0.9 | 2.6 | 188.9% |
| Germany | 3.0 | 2.7 | 5.7 | 2.3 | -8.5% |
| China | 0.1 | 0.7 | 0.2 | 0.3 | 44.2% |
| Others | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Total | 6.9 | 7.4 | 20.6 | 20.7 | 44.2% |
Top Export Markets for Salts; Tungstates (Wolframates) from the Netherlands in 2022:
- France (500.3 tons)
- Austria (80.0 tons)
- Germany (79.0 tons)
- China (20.0 tons)
Salts; Tungstates (Wolframates) Imports in the Netherlands
In 2022, purchases abroad of salts; tungstates (wolframates) decreased by -20.4% to 673 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 10,875% against the previous year.
In value terms, salts; tungstates (wolframates) imports expanded notably to $20M in 2022. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 6,618%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Salts; Tungstates (Wolframates) in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | 1.8 | 11.6 | 14.6 | 184.8% |
| China | N/A | 4.0 | 6.4 | 5.4 | 16.2% |
| Russia | N/A | 0.4 | 0.7 | N/A | 75.0% |
| Others | 0.1 | 0.6 | 0.1 | 0.1 | 0.0% |
| Total | 0.1 | 6.8 | 18.8 | 20.1 | 485.8% |
Top Suppliers of Salts; Tungstates (Wolframates) to the Netherlands in 2022:
- Vietnam (487.5 tons)
- China (180.7 tons)
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