Price for Tungsten (Wolfram); Waste and Scrap in Norway - 2023
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in Norway (FOB) - 2022
- Exports of Tungsten (Wolfram); Waste and Scrap in Norway
Price for Tungsten (Wolfram); Waste and Scrap in Norway (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); waste and scraps amounted to $18,873 per ton, picking up by 20% against the previous year. Over the period under review, the export price posted slight growth. The growth pace was the most rapid in 2020 when the average export price increased by 102% against the previous year. Over the period under review, the average export prices hit record highs at $19,246 per ton in 2018; however, from 2019 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 Germany.
From 2014 to 2022, the rate of growth in terms of prices for Germany amounted to +1.5% per year.
Exports of Tungsten (Wolfram); Waste and Scrap in Norway
In 2022, the amount of tungsten (wolfram); waste and scraps exported from Norway surged to 22 tons, jumping by 37% on the year before. In general, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 116%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, tungsten (wolfram); waste and scrap exports surged to $418K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 130%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Tungsten (Wolfram); Waste and Scrap in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 70.6 | 77.4 | 113 | 418 | 80.9% |
| Sweden | 27.8 | 33.0 | 16.3 | N/A | -23.4% |
| Malaysia | 37.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 125 | N/A | 0% |
| Total | 135 | 110 | 254 | 418 | 45.8% |
Top Export Markets for Tungsten (Wolfram); Waste and Scrap from Norway in 2022:
- Germany (22.1 tons)
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