Tungsten (Wolfram); Wire Price in Denmark - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Denmark (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Denmark (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Denmark
- Tungsten (Wolfram); Wire Exports in Denmark
Tungsten (Wolfram); Wire Price in Denmark (CIF) - 2022
In 2022, the average tungsten (wolfram); wire import price amounted to $26,721 per ton, falling by -78% against the previous year. In general, the import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 1,384%. Over the period under review, average import prices hit record highs at $121,689 per ton in 2021, and then shrank significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($123,034 per ton), while the price for Germany ($9,290 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced a decline.
Tungsten (Wolfram); Wire Price in Denmark (FOB) - 2022
The average tungsten (wolfram); wire export price stood at $8,464 per ton in 2022, reducing by -90.7% against the previous year. Overall, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 449% against the previous year. As a result, the export price reached the peak level of $90,792 per ton, and then reduced sharply in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($26,633 per ton), while the average price for exports to Angola ($19 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 Norway (+13.9%), while the prices for the other major destinations experienced a decline.
Tungsten (Wolfram); Wire Imports in Denmark
In 2022, tungsten (wolfram); wire imports into Denmark soared to 5.9 tons, growing by 846% against the previous year. Over the period under review, imports, however, saw a dramatic decline.
In value terms, tungsten (wolfram); wire imports skyrocketed to $158K in 2022. In general, imports, however, saw a sharp setback.
| Import of Tungsten (Wolfram); Wire in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.2 | 35.4 | 73.1 | 104 | 40.9% |
| Germany | 358 | 0.7 | 1.3 | 45.5 | -49.7% |
| Sweden | N/A | 3.3 | N/A | 2.8 | -7.9% |
| Others | 3.2 | 0.6 | 1.8 | 6.3 | 25.3% |
| Total | 398 | 40.0 | 76.2 | 158 | -26.5% |
Top Suppliers of Tungsten (Wolfram); Wire to Denmark in 2022:
- Germany (4.9 tons)
- China (0.8 tons)
- Sweden (0.1 tons)
Tungsten (Wolfram); Wire Exports in Denmark
Tungsten (wolfram); wire exports from Denmark surged to 451 kg in 2022, increasing by 1,087% compared with 2021. Overall, exports enjoyed a mild increase.
In value terms, tungsten (wolfram); wire exports rose rapidly to $3.8K in 2022. Over the period under review, exports showed a tangible expansion. The growth pace was the most rapid in 2020 with an increase of 144% against the previous year. As a result, the exports attained the peak of $8.1K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Tungsten (Wolfram); Wire in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | N/A | 3.3 | 0% |
| Norway | 3.0 | 8.1 | N/A | 0.4 | -48.9% |
| South Korea | N/A | N/A | N/A | N/A | 0% |
| China | N/A | N/A | 3.4 | N/A | 0% |
| United Kingdom | 0.1 | N/A | N/A | N/A | 0% |
| Faroe Islands | 0.2 | N/A | N/A | N/A | 0% |
| Angola | N/A | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.3 | 8.1 | 3.4 | 3.8 | 4.8% |
Top Export Markets for Tungsten (Wolfram); Wire from Denmark in 2022:
- Israel (218.0 kg)
- Angola (161.0 kg)
- United States (21.0 kg)
- Norway (16.0 kg)
- China (13.0 kg)
- South Korea (13.0 kg)
- United Kingdom (8.0 kg)
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