Tungsten (Wolfram); Wire Price in Switzerland - 2023

Contents:

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

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

The average tungsten (wolfram); wire export price stood at $479,736 per ton in 2022, waning by -14.5% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tungsten (wolfram); wire export price decreased by -36.6% against 2020 indices. The growth pace was the most rapid in 2020 when the average export price increased by 35%. As a result, the export price attained the peak level of $757,205 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,598,720 per ton), while the average price for exports to Belgium ($48,124 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average tungsten (wolfram); wire import price stood at $224,629 per ton in 2022, picking up by 5.5% against the previous year. In general, the import price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of 27%. The import price peaked at $383,025 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 the UK ($763,934 per ton), while the price for Germany ($76,775 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Tungsten (Wolfram); Wire Exports in Switzerland

In 2022, the amount of tungsten (wolfram); wires exported from Switzerland rose modestly to 1.3 tons, increasing by 2.1% compared with the year before. Over the period under review, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 80%.

In value terms, tungsten (wolfram); wire exports shrank to $617K in 2022. In general, exports, however, faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year.

Export of Tungsten (Wolfram); Wire in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2172303192616.3%
United States76.348.293.511213.6%
Germany16268.064.7106-13.2%
Italy97.428.264.975.8-8.0%
United Kingdom63.733.140.236.6-16.9%
Singapore2.32.87.912.274.4%
Sweden15.81.01.72.7-44.5%
BelgiumN/A0.1N/A2.2369.0%
Czech Republic15010130.90.1-91.3%
RomaniaN/AN/A11.7N/A0%
Others75.916.772.58.7-51.4%
Total860529707617-10.5%

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

  1. Germany (456.0 kg)
  2. Italy (322.0 kg)
  3. United States (214.0 kg)
  4. France (171.0 kg)
  5. Belgium (45.0 kg)
  6. Singapore (27.0 kg)
  7. United Kingdom (23.0 kg)
  8. Sweden (13.0 kg)

Tungsten (Wolfram); Wire Imports in Switzerland

In 2022, approx. 2.3 tons of tungsten (wolfram); wires were imported into Switzerland; shrinking by -12.4% compared with the year before. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 61%.

In value terms, tungsten (wolfram); wire imports shrank to $520K in 2022. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 46%.

Import of Tungsten (Wolfram); Wire in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India225138231151-12.4%
Japan148148132130-4.2%
Slovakia0.5N/A57.8102488.7%
China14.15.523.246.548.8%
Germany36650.261.637.7-53.1%
United States75.412.830.732.4-24.5%
Others67.031.526.820.6-32.5%
Total895386563520-16.6%

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

  1. India (698.0 kg)
  2. Germany (491.0 kg)
  3. Japan (466.0 kg)
  4. Slovakia (418.0 kg)
  5. China (87.0 kg)
  6. United States (69.0 kg)

Source: IndexBox Market Intelligence Platform

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