Salts; Tungstates (Wolframates) Price in the United Arab Emirates - 2021

Contents:

1. Salts; Tungstates (Wolframates) Price in the United Arab Emirates (CIF) - 2022
2. Salts; Tungstates (Wolframates) Imports in the United Arab Emirates

Salts; Tungstates (Wolframates) Price in the United Arab Emirates (CIF) - 2022

The average salts; tungstates (wolframates) import price stood at $12,328 per ton in 2022, dropping by -14.3% against the previous year. In general, the import price recorded a slight shrinkage. The pace of growth was the most pronounced in 2021 an increase of 140%. Over the period under review, average import prices hit record highs at $50,432 per ton in 2014; however, from 2015 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 ($15,202 per ton), while the price for India stood at $8,197 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+130.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Salts; Tungstates (Wolframates) Imports in the United Arab Emirates

In 2022, the amount of salts; tungstates (wolframates) imported into the United Arab Emirates skyrocketed to 122 kg, jumping by 33% against 2021. In general, imports, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2020 with an increase of 111% against the previous year. As a result, imports reached the peak of 281 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, salts; tungstates (wolframates) imports rose rapidly to $1.5K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 54% against the previous year. As a result, imports reached the peak of $1.7K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Salts; Tungstates (Wolframates) to the United Arab Emirates in 2022:

1. Germany (72.0 kg)
2. India (50.0 kg)

Source: IndexBox Market Intelligence Platform