Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Sweden - 2023

Contents:

  1. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Sweden (CIF) - 2022
  2. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Sweden (FOB) - 2022
  3. Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Sweden
  4. Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Sweden

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Sweden (CIF) - 2022

In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $59,726 per ton, rising by 36% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 an increase of 83%. As a result, import price reached the peak level of $78,525 per ton. From 2014 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 Czech Republic ($77,895 per ton), while the price for Norway ($21,157 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.7%), 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 Sweden (FOB) - 2022

In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $99,241 per ton, rising by 39% against the previous year. In general, the export price enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 77% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($249,200 per ton), while the average price for exports to India ($42,063 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 the UK (+38.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Sweden

In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap, powderses imported into Sweden soared to 15 tons, growing by 28% compared with the year before. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 58%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses surged to $876K in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria12384.621134240.6%
United Kingdom78.236.779.626550.2%
Netherlands23.527.727.270.244.0%
Czech Republic25.542.248.257.030.8%
Belgium20366.610556.8-34.6%
France14.110.211.725.722.2%
Germany14.440.718.412.1-5.6%
Norway0.1N/AN/A9.0348.1%
Others0.348.34.038.2403.1%
Total48235750587622.0%

Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Sweden in 2022:

  1. Austria (6.5 tons)
  2. United Kingdom (4.0 tons)
  3. Netherlands (1.1 tons)
  4. Belgium (1.0 tons)
  5. Czech Republic (0.7 tons)
  6. France (0.4 tons)
  7. Norway (0.4 tons)
  8. Germany (0.2 tons)

Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Sweden

Exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses from Sweden rose modestly to 324 kg in 2022, with an increase of 4.2% on the previous year. In general, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 52% against the previous year.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses soared to $32K in 2022. Overall, exports saw prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 66% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.812.77.118.22.7%
Norway1.80.72.64.939.6%
United Kingdom0.1N/A4.92.5192.4%
China0.1N/A1.61.2128.9%
South KoreaN/AN/AN/A1.00%
IndiaN/AN/A1.40.7-50.0%
PeruN/AN/A3.9N/A0%
Germany1.5N/AN/AN/A0%
BrazilN/AN/A0.3N/A0%
Others1.4N/A0.33.637.0%
Total21.713.322.132.214.1%

Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Sweden in 2022:

  1. United States (178.0 kg)
  2. Norway (104.0 kg)
  3. India (16.0 kg)
  4. United Kingdom (10.0 kg)
  5. South Korea (6.0 kg)
  6. China (5.0 kg)

Source: IndexBox Market Intelligence Platform

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