Tungsten (Wolfram); Wire Price in Luxembourg - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Luxembourg (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Luxembourg (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Luxembourg
- Tungsten (Wolfram); Wire Exports in Luxembourg
Tungsten (Wolfram); Wire Price in Luxembourg (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $75,390 per ton in 2022, declining by -20% against the previous year. In general, the import price, however, showed resilient growth. The most prominent rate of growth was recorded in 2015 an increase of 449% against the previous year. Over the period under review, average import prices hit record highs at $524,582 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($813,524 per ton), while the price for Germany ($33,020 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+59.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Price in Luxembourg (FOB) - 2022
In 2022, the average tungsten (wolfram); wire export price amounted to $11,171 per ton, falling by -69% against the previous year. Overall, the export price saw a deep reduction. The pace of growth was the most pronounced in 2019 an increase of 1,100% against the previous year. As a result, the export price attained the peak level of $296,065 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($36,878 per ton), while the average price for exports to Panama totaled $3,030 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-0.1%).
Tungsten (Wolfram); Wire Imports in Luxembourg
Tungsten (wolfram); wire imports into Luxembourg soared to 920 kg in 2022, picking up by 411% on the previous year's figure. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 527%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, tungsten (wolfram); wire imports skyrocketed to $69K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tungsten (Wolfram); Wire in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.0 | 33.8 | 7.1 | 46.5 | 185.4% |
| India | 9.0 | 1.0 | 4.2 | 8.4 | -2.3% |
| Belgium | 0.1 | 2.5 | 5.2 | 7.3 | 317.9% |
| Germany | 0.7 | 0.4 | 0.1 | 4.7 | 88.7% |
| Japan | N/A | 2.5 | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.3 | 2.5 | 192.4% |
| Total | 11.9 | 40.2 | 16.9 | 69.3 | 79.9% |
Top Suppliers of Tungsten (Wolfram); Wire to Luxembourg in 2022:
- China (657.0 kg)
- Germany (144.0 kg)
- Belgium (103.0 kg)
- India (10.0 kg)
Tungsten (Wolfram); Wire Exports in Luxembourg
In 2022, the amount of tungsten (wolfram); wires exported from Luxembourg skyrocketed to 158 kg, increasing by 259% on 2021. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, tungsten (wolfram); wire exports rose sharply to $1.8K in 2022. In general, exports, however, continue to indicate a sharp decline.
| Export of Tungsten (Wolfram); Wire in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.3 | 1.9 | 1.4 | 1.4 | 67.1% |
| Panama | N/A | N/A | N/A | 0.4 | 0% |
| Russia | 7.8 | N/A | N/A | N/A | 0% |
| Germany | N/A | 0.3 | N/A | N/A | 0% |
| Ukraine | 1.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 9.2 | 2.2 | 1.6 | 1.8 | -41.9% |
Top Export Markets for Tungsten (Wolfram); Wire from Luxembourg in 2022:
- Panama (120.0 kg)
- Belgium (38.0 kg)
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