Tungsten (Wolfram); Wire Price in the Czech Republic - 2023
Contents:
- Tungsten (Wolfram); Wire Price in the Czech Republic (CIF) - 2023
- Tungsten (Wolfram); Wire Price in the Czech Republic (FOB) - 2023
- Tungsten (Wolfram); Wire Imports in the Czech Republic
- Tungsten (Wolfram); Wire Exports in the Czech Republic
Tungsten (Wolfram); Wire Price in the Czech Republic (CIF) - 2023
The average tungsten (wolfram); wire import price stood at $204K per ton in August 2023, picking up by 24% against the previous month. Overall, import price indicated a perceptible increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, tungsten (wolfram); wire import price increased by +156.7% against June 2023 indices. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 107% against the previous month. The import price peaked in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($1.0M per ton), while the price for Germany ($160K per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Price in the Czech Republic (FOB) - 2023
In August 2023, the average tungsten (wolfram); wire export price amounted to $292K per ton, falling by -3% against the previous month. Overall, the export price, however, continues to indicate a noticeable expansion. The growth pace was the most rapid in November 2022 when the average export price increased by 369% m-o-m. As a result, the export price attained the peak level of $1.3M per ton. From December 2022 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Italy ($649K per ton), while the average price for exports to the United States ($209K per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Tungsten (Wolfram); Wire Imports in the Czech Republic
In 2022, approx. 37 tons of tungsten (wolfram); wires were imported into the Czech Republic; which is down by -1.9% compared with the previous year's figure. In general, imports showed a drastic downturn.
In value terms, tungsten (wolfram); wire imports expanded to $5.7M in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Tungsten (Wolfram); Wire in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.8 | 3.6 | 4.0 | 3.8 | 0.0% |
| China | 0.9 | 0.8 | 0.9 | 1.3 | 13.0% |
| Others | 0.5 | 0.5 | 0.6 | 0.6 | 6.3% |
| Total | 5.2 | 4.8 | 5.5 | 5.7 | 3.1% |
Top Suppliers of Tungsten (Wolfram); Wire to the Czech Republic in 2022:
- Germany (28.0 tons)
- China (8.3 tons)
Tungsten (Wolfram); Wire Exports in the Czech Republic
In 2022, approx. 17 tons of tungsten (wolfram); wires were exported from the Czech Republic; with a decrease of -28.8% on 2021 figures. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 16%.
In value terms, tungsten (wolfram); wire exports declined to $5.4M in 2022. Over the period under review, exports saw a pronounced downturn. The growth pace was the most rapid in 2021 when exports increased by 22% against the previous year.
| Export of Tungsten (Wolfram); Wire in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4,096 | 2,984 | 4,031 | 3,772 | -2.7% |
| United States | 822 | 664 | 558 | 736 | -3.6% |
| Slovakia | 262 | 191 | 287 | 353 | 10.4% |
| Belgium | 217 | 291 | 132 | 117 | -18.6% |
| France | 75.8 | 62.6 | 96.5 | 98.5 | 9.1% |
| Others | 475 | 266 | 346 | 280 | -16.2% |
| Total | 5,949 | 4,458 | 5,450 | 5,357 | -3.4% |
Top Export Markets for Tungsten (Wolfram); Wire from the Czech Republic in 2022:
- Germany (11.0 tons)
- United States (3.0 tons)
- Slovakia (1.1 tons)
- France (0.4 tons)
- Belgium (0.3 tons)
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