Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Belgium - 2023
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Belgium (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Belgium (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Belgium
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Belgium
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Belgium (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $87,726 per ton in 2022, jumping by 27% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses increased by +32.3% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 36%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 ($164,336 per ton), while the price for the Netherlands ($15,214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Belgium (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $47,611 per ton in 2022, jumping by 43% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $56,946 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($66,142 per ton), while the average price for exports to the UK ($8,176 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 Italy (+18.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Belgium
Imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses into Belgium declined notably to 7 tons in 2022, with a decrease of -21.9% on 2021. In general, imports showed a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 125% against the previous year.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses reduced slightly to $617K in 2022. Over the period under review, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 135%.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 206 | 0% |
| United States | 351 | 85.2 | 118 | 199 | -17.2% |
| France | 126 | 48.7 | 138 | 89.8 | -10.7% |
| Austria | 93.4 | 86.4 | 233 | 82.6 | -4.0% |
| Italy | 59.3 | 17.4 | 30.6 | 25.0 | -25.0% |
| Netherlands | 43.5 | 5.3 | 22.8 | 8.0 | -43.1% |
| Germany | 91.6 | 14.0 | 47.2 | 5.5 | -60.8% |
| Others | 4.5 | 8.3 | 33.6 | 1.1 | -37.5% |
| Total | 770 | 265 | 623 | 617 | -7.1% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Belgium in 2022:
- United States (2795.0 kg)
- Canada (1323.0 kg)
- France (1035.0 kg)
- Austria (1035.0 kg)
- Netherlands (524.0 kg)
- Germany (154.0 kg)
- Italy (152.0 kg)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Belgium
In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap, powderses exported from Belgium dropped rapidly to 3.9 tons, with a decrease of -55.2% against the year before. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 71% against the previous year. As a result, the exports reached the peak of 8.8 tons, and then reduced remarkably in the following year.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses shrank notably to $187K in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 65%. As a result, the exports reached the peak of $291K, and then dropped remarkably in the following year.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 73.0 | 55.9 | 16.0 | 75.7 | 1.2% |
| Sweden | 113 | 68.1 | 106 | 60.9 | -18.6% |
| Germany | N/A | N/A | 85.3 | 31.0 | -63.7% |
| Switzerland | 4.6 | 6.6 | 2.7 | 9.6 | 27.8% |
| United Kingdom | N/A | 37.2 | N/A | 2.1 | -76.2% |
| Spain | N/A | N/A | 30.6 | N/A | 0% |
| Democratic Republic of the Congo | 13.1 | N/A | N/A | N/A | 0% |
| Others | 21.5 | 7.8 | 49.9 | 7.7 | -29.0% |
| Total | 225 | 176 | 291 | 187 | -6.0% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Belgium in 2022:
- China (1291.0 kg)
- Germany (1138.0 kg)
- Sweden (920.0 kg)
- United Kingdom (255.0 kg)
- Switzerland (207.0 kg)
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