Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Indonesia - 2022

Contents:

  1. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Indonesia (CIF) - 2022
  2. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Indonesia (FOB) - 2022
  3. Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Indonesia
  4. Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Indonesia

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Indonesia (CIF) - 2022

The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $86,120 per ton in 2022, rising by 20% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.0% 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 +27.7% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 37% against the previous year. Over the period under review, average import prices attained 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 Japan ($123,735 per ton), while the price for Singapore ($49,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.9%), 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 Indonesia (FOB) - 2022

The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $8,393 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2014 an increase of 2,849%. The export price peaked at $41,121 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2013 to 2022, the rate of growth in terms of prices for Singapore amounted to -21.6% per year.

Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Indonesia

Imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses into Indonesia shrank significantly to 4.9 tons in 2022, reducing by -19% against the year before. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 33%.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses contracted modestly to $424K in 2022. In general, imports showed a mild descent. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada19.79.953.5190112.9%
United States17773.464.4113-13.9%
Japan18516912986.2-22.5%
China7.10.42.230.262.0%
Singapore1.6N/A19.75.046.2%
South Korea55.555.1164N/A71.9%
Others4.40.43.40.3-59.1%
Total450308436424-2.0%

Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Indonesia in 2022:

  1. Canada (1800.0 kg)
  2. United States (1797.0 kg)
  3. Japan (697.0 kg)
  4. China (530.0 kg)
  5. Singapore (100.0 kg)

Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Indonesia

In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap, powderses exported from Indonesia stood at 61 kg, approximately equating 2021. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses totaled $512 in 2022. Overall, exports faced a precipitous descent. The smallest decline of 99.9% was in 2021.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Indonesia (USD)
COUNTRY202020212022CAGR,
2020-2022
Singapore1,357N/A512-38.6%
OthersN/AN/AN/A0%
Total1,357N/A512-38.6%

Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Indonesia in 2022:

  1. Singapore (61.0 kg)

Source: IndexBox Market Intelligence Platform

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