Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Finland - 2023
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Finland (FOB) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Finland (CIF) - 2022
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Finland
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Finland
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Finland (FOB) - 2022
The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $63,924 per ton in 2022, with an increase of 5.6% against the previous year. In general, the export price showed pronounced growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 127%. The export price peaked at $68,551 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($223,120 per ton), while the average price for exports to Switzerland ($15,238 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+12.3%), 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 Finland (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $62,539 per ton, surging by 9.1% against the previous year. In general, the import price, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by 47%. As a result, import price reached the peak level of $139,410 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Czech Republic.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +32.2% per year.
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Finland
In 2022, overseas shipments of tungsten (wolfram); articles thereof, including waste and scrap, powderses decreased by -29.5% to 19 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 300% against the previous year.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses shrank significantly to $1.2M in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 158%.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 333 | 668 | 1,591 | 924 | 40.5% |
| Czech Republic | N/A | N/A | N/A | 207 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 81.7 | 0% |
| Switzerland | N/A | N/A | N/A | 5.9 | 0% |
| United States | 12.2 | 225 | 46.9 | 0.9 | -58.1% |
| Others | N/A | N/A | 5.7 | 4.7 | -17.5% |
| Total | 346 | 893 | 1,644 | 1,224 | 52.4% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Finland in 2022:
- Germany (15.0 tons)
- Czech Republic (3.3 tons)
- United Arab Emirates (0.4 tons)
- Switzerland (0.4 tons)
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Finland
After three years of growth, purchases abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses decreased by -46% to 17 tons in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 162%. As a result, imports attained the peak of 32 tons, and then declined notably in the following year.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses shrank sharply to $1.1M in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 189%. As a result, imports reached the peak of $1.8M, and then dropped dramatically in the following year.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 221 | 617 | 1,799 | 1,039 | 67.5% |
| Others | 24.6 | 12.8 | 21.7 | 33.7 | 11.1% |
| Total | 245 | 630 | 1,821 | 1,073 | 63.6% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Finland in 2022:
- Czech Republic (16.9 tons)
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