Tungsten (Wolfram); Wire Price in Angola - 2022
Contents:
Tungsten (Wolfram); Wire Price in Angola (CIF) - 2022
In 2022, the average tungsten (wolfram); wire import price amounted to $111,313 per ton, jumping by 21% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 117%. As a result, import price attained the peak level of $184,365 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($1,276,079 per ton), while the price for Denmark ($31,199 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Imports in Angola
In 2022, after three years of growth, there was significant decline in overseas purchases of tungsten (wolfram); wires, when their volume decreased by -22.4% to 38 kg. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 250% against the previous year.
In value terms, tungsten (wolfram); wire imports reduced to $4.2K in 2022. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 156%.
| Import of Tungsten (Wolfram); Wire in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,076 | 1,686 | 2,092 | 2,214 | 27.2% |
| France | 331 | 986 | 872 | 923 | 40.8% |
| Portugal | 26.0 | 473 | 685 | 725 | 203.2% |
| Brazil | 43.0 | 178 | 139 | 148 | 51.0% |
| Denmark | N/A | N/A | N/A | 114 | 0% |
| Belgium | N/A | N/A | 681 | N/A | 0% |
| Israel | 12.0 | 468 | N/A | N/A | 3800.0% |
| Others | 17.0 | 56.0 | 55.0 | 62.0 | 53.9% |
| Total | 1,505 | 3,847 | 4,524 | 4,186 | 40.6% |
Top Suppliers of Tungsten (Wolfram); Wire to Angola in 2022:
- France (25.0 kg)
- Portugal (6.0 kg)
- Denmark (4.0 kg)
- United Kingdom (2.0 kg)
- Brazil (1.0 kg)
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