Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in New Zealand - 2023

Contents:

  1. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in New Zealand (CIF) - 2022
  2. Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in New Zealand

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

In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $51,850 per ton, with an increase of 16% against the previous year. Overall, the import price, however, saw a slight reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 17%. The import price peaked at $61,614 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($52,857 per ton), while the price for the United States ($51,723 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the prices for the other major suppliers experienced a decline.

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

Imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses into New Zealand surged to 293 kg in 2022, rising by 537% against the previous year. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses skyrocketed to $15K in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.35.31.19.7218.6%
Australia0.72.20.34.281.7%
Germany0.31.40.31.154.2%
Canada0.20.60.2N/A0.0%
Others0.40.90.20.1-37.0%
Total2.010.42.115.296.6%

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

  1. United States (188.0 kg)
  2. Australia (81.0 kg)
  3. Germany (21.0 kg)

Source: IndexBox Market Intelligence Platform

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