Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Italy - 2023
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Italy (CIF) - 2023
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Italy (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Italy
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Italy
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Italy (CIF) - 2023
The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $19,265 per ton in October 2023, waning by -62.1% against the previous month. Over the period under review, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in May 2023 an increase of 65% month-to-month. As a result, import price attained the peak level of $70,622 per ton. From June 2023 to October 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was France ($97,000 per ton), while the price for Belgium ($4,475 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+2.5%), 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 Italy (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $18,938 per ton, waning by -58.3% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 372% against the previous year. As a result, the export price reached the peak level of $45,468 per ton, and then declined notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($25,626 per ton), while the average price for exports to Tajikistan ($10,585 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 Brazil (+42.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Italy
For the third consecutive year, Italy recorded decline in supplies from abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses, which decreased by -25% to 52 tons in 2022. Overall, imports faced a abrupt descent. The smallest decline of -6.2% was in 2021.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses fell sharply to $2.1M in 2022. In general, imports saw a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 267 | 214 | 619 | 858 | 47.6% |
| Austria | 127 | 353 | 523 | 484 | 56.2% |
| Germany | 193 | 190 | 345 | 405 | 28.0% |
| Czech Republic | 403 | 395 | 546 | 217 | -18.6% |
| China | 3.7 | 67.7 | 114 | 44.7 | 129.5% |
| Netherlands | 1,667 | 547 | 55.1 | 38.5 | -71.5% |
| Belgium | 11.5 | 98.2 | 12.0 | 22.7 | 25.4% |
| Israel | N/A | N/A | 174 | 14.9 | -91.4% |
| Slovakia | N/A | 68.8 | N/A | N/A | 0% |
| Others | 197 | 114 | 204 | 33.8 | -44.4% |
| Total | 2,869 | 2,049 | 2,592 | 2,118 | -9.6% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Italy in 2022:
- Germany (17.3 tons)
- France (16.7 tons)
- Austria (9.8 tons)
- Czech Republic (4.1 tons)
- Belgium (1.7 tons)
- China (1.0 tons)
- Israel (0.5 tons)
- Netherlands (0.5 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Italy
In 2022, shipments abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses was finally on the rise to reach 25 tons after two years of decline. Overall, exports, however, faced a sharp reduction.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses soared to $470K in 2022. In general, exports, however, showed a deep slump.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | N/A | N/A | N/A | 169 | 0% |
| Israel | N/A | 84.9 | N/A | 129 | 23.3% |
| Germany | 586 | 416 | 30.9 | 107 | -43.3% |
| Tajikistan | N/A | N/A | N/A | 12.2 | 0% |
| India | 98.8 | N/A | N/A | N/A | 0% |
| Others | 153 | 107 | 261 | 53.2 | -29.7% |
| Total | 838 | 608 | 292 | 470 | -17.5% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Italy in 2022:
- Ireland (10.3 tons)
- Germany (7.5 tons)
- Israel (5.0 tons)
- Tajikistan (1.2 tons)
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