Tungsten (Wolfram); Wire Price in Argentina - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Argentina (CIF) - 2022
- Tungsten (Wolfram); Wire Imports in Argentina
Tungsten (Wolfram); Wire Price in Argentina (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $98,919 per ton in 2022, with a decrease of -17.8% against the previous year. Over the period under review, the import price recorded a pronounced decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs at $132,268 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($267,372 per ton), while the price for Italy ($8,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Tungsten (Wolfram); Wire Imports in Argentina
In 2022, approx. 388 kg of tungsten (wolfram); wires were imported into Argentina; increasing by 47% against the previous year's figure. In general, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 100% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, tungsten (wolfram); wire imports surged to $38K in 2022. Overall, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 86% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Tungsten (Wolfram); Wire in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.5 | 8.9 | 16.7 | 20.5 | 9.8% |
| United States | 0.5 | 2.2 | 5.2 | 5.6 | 123.7% |
| Netherlands | 1.2 | 1.1 | 1.3 | 1.6 | 10.1% |
| Belgium | 0.1 | 0.7 | 0.7 | 0.9 | 108.0% |
| Italy | 1.0 | 0.7 | 0.7 | 0.8 | -7.2% |
| Japan | 0.5 | 0.5 | 0.4 | 0.6 | 6.3% |
| Others | 5.4 | 3.0 | 6.8 | 8.5 | 16.3% |
| Total | 24.3 | 17.1 | 31.8 | 38.4 | 16.5% |
Top Suppliers of Tungsten (Wolfram); Wire to Argentina in 2022:
- China (171.0 kg)
- Italy (88.0 kg)
- Netherlands (60.0 kg)
- United States (42.0 kg)
- Belgium (9.0 kg)
- Japan (6.0 kg)
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