Tungsten (Wolfram); Wire Price in Belarus - 2022

Contents:

  1. Tungsten (Wolfram); Wire Price in Belarus (CIF) - 2022
  2. Tungsten (Wolfram); Wire Price in Belarus (FOB) - 2022
  3. Tungsten (Wolfram); Wire Imports in Belarus
  4. Tungsten (Wolfram); Wire Exports in Belarus

Tungsten (Wolfram); Wire Price in Belarus (CIF) - 2022

In 2022, the average tungsten (wolfram); wire import price amounted to $110,486 per ton, falling by -19.9% against the previous year. Overall, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 an increase of 28%. As a result, import price attained the peak level of $137,850 per ton, and then contracted rapidly in the following year.

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 India ($148,496 per ton), while the price for the Netherlands ($40,882 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Tungsten (Wolfram); Wire Price in Belarus (FOB) - 2022

In 2022, the average tungsten (wolfram); wire export price amounted to $62,500 per ton, growing by 4.2% against the previous year. In general, the export price, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 37%. The export price peaked at $157,895 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -8.9% per year.

Tungsten (Wolfram); Wire Imports in Belarus

After two years of decline, overseas purchases of tungsten (wolfram); wires increased by 34% to 455 kg in 2022. Over the period under review, imports, however, recorded a deep slump.

In value terms, tungsten (wolfram); wire imports rose remarkably to $50K in 2022. Overall, imports, however, continue to indicate a abrupt curtailment.

Import of Tungsten (Wolfram); Wire in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China40.133.828.728.1-11.2%
Poland0.20.41.15.6203.7%
Russia8.86.73.25.1-16.6%
United States3.01.82.13.44.3%
India0.82.42.72.342.2%
Hungary2.01.92.12.00.0%
Netherlands3.12.30.31.9-15.1%
Germany1.51.21.20.9-15.7%
Others3.03.25.41.0-30.7%
Total62.653.846.750.3-7.0%

Top Suppliers of Tungsten (Wolfram); Wire to Belarus in 2022:

  1. China (212.0 kg)
  2. Russia (59.0 kg)
  3. Netherlands (47.0 kg)
  4. Poland (44.0 kg)
  5. Hungary (30.0 kg)
  6. United States (25.0 kg)
  7. India (16.0 kg)
  8. Germany (8.0 kg)

Tungsten (Wolfram); Wire Exports in Belarus

In 2022, tungsten (wolfram); wire exports from Belarus fell sharply to 24 kg, dropping by -46.7% on the previous year. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,400% against the previous year. As a result, the exports reached the peak of 45 kg, and then contracted sharply in the following year.

In value terms, tungsten (wolfram); wire exports shrank remarkably to $1.5K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 800% against the previous year. As a result, the exports attained the peak of $2.7K, and then contracted sharply in the following year.

Export of Tungsten (Wolfram); Wire in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.50.32.71.544.2%
OthersN/AN/AN/AN/A0%
Total0.50.32.71.544.2%

Top Export Markets for Tungsten (Wolfram); Wire from Belarus in 2022:

  1. Russia (24.0 kg)

Source: IndexBox Market Intelligence Platform

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