Tungsten (Wolfram); Wire Price in Romania - 2023

Contents:

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

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

The average tungsten (wolfram); wire import price stood at $58,280 per ton in 2022, dropping by -3.8% against the previous year. In general, the import price, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2013 an increase of 111% against the previous year. The import price peaked at $60,589 per ton in 2021, and then contracted slightly 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 Italy ($196,071 per ton), while the price for Germany ($39,245 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average tungsten (wolfram); wire export price stood at $92,909 per ton in 2022, with a decrease of -62.8% against the previous year. In general, the export price, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 an increase of 342% against the previous year. The export price peaked at $273,707 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Poland ($163,515 per ton), while the average price for exports to Bulgaria amounted to $84,532 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+63.7%), while the prices for the other major destinations experienced more modest paces of growth.

Tungsten (Wolfram); Wire Imports in Romania

In 2022, approx. 14 tons of tungsten (wolfram); wires were imported into Romania; with an increase of 59% on the previous year. In general, imports, however, showed a drastic downturn.

In value terms, tungsten (wolfram); wire imports skyrocketed to $799K in 2022. Overall, imports recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of 54%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Tungsten (Wolfram); Wire in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China38522632367020.3%
Italy68.472.211894.811.5%
Germany4.46.08.210.834.9%
Czech RepublicN/A9.313.47.4-10.8%
BulgariaN/A15.121.22.5-59.3%
Others40.49.738.012.7-32.0%
Total49833852179917.1%

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

  1. China (12.6 tons)
  2. Italy (0.5 tons)
  3. Germany (0.3 tons)
  4. Czech Republic (0.1 tons)
  5. Bulgaria (0.1 tons)

Tungsten (Wolfram); Wire Exports in Romania

In 2022, the amount of tungsten (wolfram); wires exported from Romania soared to 28 kg, picking up by 33% against the year before. In general, exports, however, continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 91%.

In value terms, tungsten (wolfram); wire exports declined dramatically to $2.6K in 2022. Overall, exports, however, faced a sharp shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 768% against the previous year.

Export of Tungsten (Wolfram); Wire in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BulgariaN/AN/AN/A2.10%
Poland1.00.40.50.5-20.6%
Belgium1.1N/AN/AN/A0%
Turkey42.0N/A4.6N/A-66.9%
Others0.80.20.1N/A-64.6%
Total44.90.65.22.6-61.3%

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

  1. Bulgaria (25.0 kg)
  2. Poland (3.0 kg)

Source: IndexBox Market Intelligence Platform

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