Tungsten (Wolfram); Wire Price in the Netherlands - 2023

Contents:

  1. Tungsten (Wolfram); Wire Price in the Netherlands (FOB) - 2023
  2. Tungsten (Wolfram); Wire Price in the Netherlands (CIF) - 2022
  3. Tungsten (Wolfram); Wire Exports in the Netherlands
  4. Tungsten (Wolfram); Wire Imports in the Netherlands

Tungsten (Wolfram); Wire Price in the Netherlands (FOB) - 2023

The average tungsten (wolfram); wire export price stood at $12,534 per ton in August 2023, remaining relatively unchanged against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 267% against the previous month. As a result, the export price attained the peak level of $46,849 per ton. From February 2023 to August 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($17,469 per ton), while the average price for exports to Romania ($9,903 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Tungsten (Wolfram); Wire Price in the Netherlands (CIF) - 2022

The average tungsten (wolfram); wire import price stood at $65,296 per ton in 2022, which is down by -17.8% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 57% against the previous year. Over the period under review, average import prices reached the maximum at $165,031 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 China ($310,985 per ton), while the price for Sweden ($13,833 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+333.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Tungsten (Wolfram); Wire Exports in the Netherlands

For the third year in a row, the Netherlands recorded decline in shipments abroad of tungsten (wolfram); wires, which decreased by -10.7% to 9.1 tons in 2022. Overall, exports continue to indicate a significant contraction.

In value terms, tungsten (wolfram); wire exports declined significantly to $850K in 2022. Over the period under review, exports faced a dramatic shrinkage. The smallest decline of -12.2% was in 2021.

Export of Tungsten (Wolfram); Wire in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany352222208237-12.4%
Belgium34.317.915.713859.0%
France14710594.384.2-17.0%
Poland13510666.881.6-15.4%
Italy38481.512478.9-41.0%
Spain15675.351.556.0-28.9%
Finland0.40.10.416.7246.9%
Sweden17212610616.7-54.0%
Portugal0.24.111.316.0330.9%
Ireland60.344.237.815.4-36.6%
United Kingdom20290.211.78.3-65.5%
Bulgaria50.333.235.97.3-47.4%
Russia48.229.144.30.5-78.2%
Others46323421894.2-41.2%
Total2,2041,1681,026850-27.2%

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

  1. Germany (1883.0 kg)
  2. Belgium (1488.0 kg)
  3. Portugal (977.0 kg)
  4. Finland (741.0 kg)
  5. France (704.0 kg)
  6. Poland (678.0 kg)
  7. Italy (664.0 kg)
  8. Spain (491.0 kg)
  9. United Kingdom (142.0 kg)
  10. Ireland (106.0 kg)
  11. Sweden (105.0 kg)
  12. Bulgaria (24.0 kg)
  13. Russia (13.0 kg)

Tungsten (Wolfram); Wire Imports in the Netherlands

In 2022, approx. 8 tons of tungsten (wolfram); wires were imported into the Netherlands; rising by 19% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 32%. As a result, imports attained the peak of 9.5 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, tungsten (wolfram); wire imports fell modestly to $526K in 2022. In general, imports, however, saw a abrupt downturn.

Import of Tungsten (Wolfram); Wire in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.261.481.7139104.7%
Israel547301141103-42.7%
France8.13.911.458.793.5%
Japan40.166.346.457.512.8%
Taiwan (Chinese)55.226.917.741.3-9.2%
Germany96.923715429.1-33.0%
Italy28.970.228.716.6-16.9%
PhilippinesN/A5.24.47.520.1%
Sweden1.60.2N/A3.934.6%
Belgium12.811.51.12.6-41.2%
Others61.542.750.065.52.1%
Total868827536526-15.4%

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

  1. Japan (2385.0 kg)
  2. Israel (1546.0 kg)
  3. United States (944.0 kg)
  4. France (610.0 kg)
  5. Taiwan (Chinese) (599.0 kg)
  6. Italy (407.0 kg)
  7. Sweden (281.0 kg)
  8. Germany (274.0 kg)
  9. Philippines (211.0 kg)
  10. Belgium (86.0 kg)

Source: IndexBox Market Intelligence Platform

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