Salts; Tungstates (Wolframates) Price in Turkey - 2023

Contents:

1. Salts; Tungstates (Wolframates) Price in Turkey (CIF) - 2022
2. Salts; Tungstates (Wolframates) Price in Turkey (FOB) - 2022
3. Salts; Tungstates (Wolframates) Imports in Turkey
4. Salts; Tungstates (Wolframates) Exports in Turkey

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

The average salts; tungstates (wolframates) import price stood at $40,772 per ton in 2022, waning by -72.4% against the previous year. Over the period under review, the import price saw a deep slump. The pace of growth appeared the most rapid in 2013 when the average import price increased by 40%. As a result, import price attained the peak level of $211,021 per ton. From 2014 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 ($189,389 per ton), while the price for Austria amounted to $31,380 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+5.2%).

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

In 2022, the average salts; tungstates (wolframates) export price amounted to $28,167 per ton, therefore, remained relatively stable against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. The export price peaked at $30,500 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($30,393 per ton), while the average price for exports to Algeria stood at $10,622 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Salts; Tungstates (Wolframates) Imports in Turkey

In 2022, imports of salts; tungstates (wolframates) into Turkey soared to 3.2 tons, picking up by 2,814% on the previous year. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, salts; tungstates (wolframates) imports soared to $132K in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Austria (3.0 tons)
2. Germany (0.2 tons)

Salts; Tungstates (Wolframates) Exports in Turkey

Salts; tungstates (wolframates) exports from Turkey amounted to 2.7 tons in 2022, approximately mirroring 2021. Overall, exports posted a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, salts; tungstates (wolframates) exports stood at $77K in 2022. In general, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Salts; Tungstates (Wolframates) from Turkey in 2022:

1. Russia (2.4 tons)
2. Algeria (0.3 tons)

Source: IndexBox Market Intelligence Platform