Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in China - 2023
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in China (FOB) - 2023
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in China (CIF) - 2022
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in China
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in China
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in China (FOB) - 2023
The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $39,487 per ton in December 2023, rising by 4% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 5% month-to-month. Over the period under review, the average export prices attained the peak figure at $40,724 per ton in March 2023; however, from April 2023 to December 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In December 2023, the highest price was recorded for prices to the United States ($42,902 per ton) and Japan ($40,006 per ton), while the average price for exports to France ($38,285 per ton) and South Korea ($38,316 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in China (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $64,627 per ton in 2022, rising by 17% against the previous year. In general, the import price, however, showed a noticeable downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 23%. Over the period under review, average import prices attained the maximum at $79,620 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($120,614 per ton), while the price for South Korea ($37,426 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in China
In 2022, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses from China skyrocketed to 2.4K tons, with an increase of 25% on the year before. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses skyrocketed to $101M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 17.2 | 21.3 | 34.5 | 36.4 | 28.4% |
| Japan | 14.2 | 7.1 | 11.9 | 22.6 | 16.8% |
| United States | 37.9 | 18.6 | 13.0 | 22.3 | -16.2% |
| Canada | 1.4 | 1.5 | 2.6 | 4.0 | 41.9% |
| Israel | N/A | N/A | N/A | 4.0 | 0% |
| Germany | 1.1 | 1.7 | 1.3 | 3.0 | 39.7% |
| Turkey | 0.5 | 0.6 | 1.3 | 2.2 | 63.9% |
| France | 0.8 | 0.8 | N/A | 1.5 | 23.3% |
| Taiwan (Chinese) | 1.5 | 4.2 | 0.9 | 1.3 | -4.7% |
| Others | 3.5 | 2.2 | 2.4 | 4.1 | 5.4% |
| Total | 78.1 | 58.0 | 67.9 | 101 | 8.9% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from China in 2022:
- South Korea (938.6 tons)
- United States (500.0 tons)
- Japan (471.4 tons)
- Israel (98.0 tons)
- Canada (91.4 tons)
- Germany (70.0 tons)
- Turkey (50.0 tons)
- France (40.0 tons)
- Taiwan (Chinese) (32.2 tons)
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in China
Imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses into China dropped dramatically to 61 tons in 2022, reducing by -19.5% against 2021 figures. In general, imports recorded a precipitous shrinkage. The smallest decline of -18.8% was in 2020.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses shrank to $3.9M in 2022. Overall, imports recorded a precipitous contraction.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1,581 | 3,830 | 807 | 1,556 | -0.5% |
| United States | 676 | 614 | 2,052 | 1,356 | 26.1% |
| South Korea | 129 | 207 | 545 | 395 | 45.2% |
| Belgium | 34.6 | 63.4 | 181 | 167 | 69.0% |
| Canada | 86.7 | 86.5 | 185 | 147 | 19.2% |
| Germany | 5,369 | 2,457 | 189 | 123 | -71.6% |
| Japan | 1,284 | 519 | 123 | 84.3 | -59.7% |
| Others | 29.5 | 136 | 87.0 | 82.2 | 40.7% |
| Total | 9,189 | 7,913 | 4,170 | 3,911 | -24.8% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to China in 2022:
- Taiwan (Chinese) (22.9 tons)
- United States (16.9 tons)
- South Korea (10.5 tons)
- Belgium (4.3 tons)
- Canada (2.6 tons)
- Germany (1.5 tons)
- Japan (0.7 tons)
505
This report provides an in-depth analysis of the tungsten market in China.
673
This report provides an in-depth analysis of the berry market in China.
424
This report provides an in-depth analysis of the concrete tile market in China.
2062
This report provides an in-depth analysis of the strawberry market in China.
448
This report provides an in-depth analysis of the metal pickling preparations market in China.
613
This report provides an in-depth analysis of the embroidery market in China.
639
This report provides an in-depth analysis of the market for building blocks and bricks of cement, concrete or artificial stone in China.
474
This report provides an in-depth analysis of the market for tiles, flagstones and similar articles of cement, concrete or artificial stone in China.
471
This report provides an in-depth analysis of the global tungsten market.
1504
This report provides an in-depth analysis of the global tungsten market.
1201
In March 2023, the tungsten price stood at $40,020 per ton (FOB, China), approximately mirroring the previous month.
344
In terms of value, exports of Concrete Tile decreased slightly to $89M in June 2023.
2688
China’s strawberry market attained a figure of X tons, X tons (or +X%) more than in 2015. Nevertheless, in value terms, in 2016, the Chinese market showed growth due to a record price jump, which resulted in market growth to $X in 2016. Th
331
In August 2022, the embroidery price per ton amounted to $17.7K (FOB, China), rising by 12% against the previous month.
3017
Global Tungsten Market: In 2017, the volume of the global tungsten concentrates consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered in the following year and then retained steady upward
1539
In value terms, tungsten imports amounted to $X in 2016. Overall, tungsten imports continue to indicate a slight slump. Over the period under review, global tungsten imports attained its maximum le...
1510
In value terms, tungsten ores and concentrates imports totaled $X in 2016. Overall, tungsten ores and concentrates imports continue to indicate a noticeable contraction. Global tungsten ores and co...
2190
In value terms, tungsten exports stood at $X in 2016. In general, tungsten exports continue to indicate a measured deduction. Global tungsten export peaked of $X in 2011; however, from 2012 to X>
1611
In value terms, tungsten ores and concentrates exports amounted to $X in 2016. Overall, tungsten ores and concentrates exports continue to indicate a slight shrinkage. Over the period under review,...
2086
The global trade in tungsten fluctuated wildly over the period under review. A X% drop in 2009 was followed by exports doubling over the next two years, until exports decreased again, and continued to fall until 2015. 2015 saw a slight uptick in expor
