Tungsten (Wolfram); Wire Price in Ecuador - 2022
Contents:
Tungsten (Wolfram); Wire Price in Ecuador (CIF) - 2022
In 2022, the average tungsten (wolfram); wire import price amounted to $22,831 per ton, shrinking by -5% against the previous year. Overall, the import price saw a noticeable contraction. The pace of growth was the most pronounced in 2016 an increase of 52%. As a result, import price attained the peak level of $57,036 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($24,375 per ton), while the price for China ($13,140 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+15.8%), while the prices for the other major suppliers experienced a decline.
Tungsten (Wolfram); Wire Imports in Ecuador
In 2022, imports of tungsten (wolfram); wires into Ecuador expanded markedly to 556 kg, growing by 12% against 2021. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.6% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 68%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, tungsten (wolfram); wire imports rose rapidly to $13K in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 116%. As a result, imports reached the peak of $13K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Tungsten (Wolfram); Wire in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 5.2 | 11.1 | 9.4 | 9.8 | 23.5% |
| United States | 0.2 | 0.2 | 2.0 | 2.1 | 119.0% |
| China | 0.6 | 1.2 | 0.3 | 0.7 | 5.3% |
| Others | 0.1 | 1.0 | 0.3 | 0.1 | 0.0% |
| Total | 6.2 | 13.4 | 12.0 | 12.7 | 27.0% |
Top Suppliers of Tungsten (Wolfram); Wire to Ecuador in 2022:
- Israel (400.0 kg)
- United States (95.0 kg)
- China (54.0 kg)
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