Tungsten (Wolfram); Wire Price in Indonesia - 2022
Contents:
- Tungsten (Wolfram); Wire Price in Indonesia (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Indonesia (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Indonesia
- Tungsten (Wolfram); Wire Exports in Indonesia
Tungsten (Wolfram); Wire Price in Indonesia (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $6,830 per ton in 2022, with an increase of 7.4% against the previous year. In general, the import price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2020 an increase of 58% against the previous year. Over the period under review, average import prices reached the peak figure at $34,207 per ton in 2012; however, from 2013 to 2022, 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 Hong Kong SAR ($23,044 per ton), while the price for China ($4,230 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 (-2.1%), while the prices for the other major suppliers experienced a decline.
Tungsten (Wolfram); Wire Price in Indonesia (FOB) - 2022
The average tungsten (wolfram); wire export price stood at $64,664 per ton in 2022, rising by 130% against the previous year. Over the period under review, the export price recorded pronounced growth. The pace of growth appeared the most rapid in 2015 an increase of 344%. As a result, the export price reached the peak level of $211,028 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Timor-Leste ($81,327 per ton), while the average price for exports to Papua New Guinea amounted to $18,466 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+415.7%), while the prices for the other major destinations experienced more modest paces of growth.
Tungsten (Wolfram); Wire Imports in Indonesia
Tungsten (wolfram); wire imports into Indonesia dropped to 263 tons in 2022, falling by -9.4% against the year before. Overall, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 129% against the previous year.
In value terms, tungsten (wolfram); wire imports contracted slightly to $1.8M in 2022. Over the period under review, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.6% 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 increased by +84.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 89%. As a result, imports attained the peak of $1.8M, and then fell modestly in the following year.
Import of Tungsten (Wolfram); Wire in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,244 | 415 | 989 | 927 | -9.3% |
Hong Kong SAR | 210 | 333 | 698 | 655 | 46.1% |
Singapore | 35.6 | 39.7 | 52.6 | 49.4 | 11.5% |
Others | 226 | 189 | 107 | 166 | -9.8% |
Total | 1,715 | 976 | 1,847 | 1,797 | 1.6% |
Top Suppliers of Tungsten (Wolfram); Wire to Indonesia in 2022:
- China (219.2 tons)
- Hong Kong SAR (28.4 tons)
- Singapore (6.8 tons)
Tungsten (Wolfram); Wire Exports in Indonesia
In 2022, shipments abroad of tungsten (wolfram); wires decreased by -58.3% to 5 kg, falling for the second consecutive year after two years of growth. Overall, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year. As a result, the exports attained the peak of 151 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, tungsten (wolfram); wire exports dropped slightly to $326 in 2022. In general, exports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 101% against the previous year. As a result, the exports attained the peak of $14K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Tungsten (Wolfram); Wire in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Timor-Leste | 4.7 | 11.5 | 0.1 | 0.3 | -60.0% |
Papua New Guinea | 0.3 | 0.3 | 0.2 | N/A | -18.4% |
United States | 2.1 | 2.5 | N/A | N/A | 19.0% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 7.2 | 14.4 | 0.3 | 0.3 | -65.3% |
Top Export Markets for Tungsten (Wolfram); Wire from Indonesia in 2022:
- Timor-Leste (4.0 kg)
- Papua New Guinea (1.0 kg)
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