Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Luxembourg - 2023
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Luxembourg (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Luxembourg (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Luxembourg
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Luxembourg
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Luxembourg (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $448,173 per ton, surging by 78% against the previous year. Overall, the import price posted a significant expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 317% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
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 France ($469,405 per ton), while the price for Germany ($45,973 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.0%), 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 Luxembourg (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $13,259 per ton, falling by -61.3% against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of 119% against the previous year. As a result, the export price attained the peak level of $68,560 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($36,518 per ton), while the average price for exports to Germany stood at $9,833 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+17.6%), while the prices for the other major destinations experienced a decline.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Luxembourg
For the third consecutive year, Luxembourg recorded decline in purchases abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses, which decreased by -32.2% to 747 kg in 2022. Over the period under review, imports saw a precipitous setback. The smallest decline of -13.6% was in 2021.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses soared to $335K in 2022. Overall, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 293 | 191 | 259 | 320 | 3.0% |
| Austria | 6.2 | 3.9 | 2.6 | 13.4 | 29.3% |
| Germany | 10.5 | 4.6 | 3.2 | 1.7 | -45.5% |
| Belgium | N/A | 6.7 | 0.3 | N/A | -95.5% |
| Others | 5.6 | N/A | 12.5 | N/A | 49.4% |
| Total | 315 | 206 | 278 | 335 | 2.1% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Luxembourg in 2022:
- France (681.0 kg)
- Germany (37.0 kg)
- Austria (29.0 kg)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Luxembourg
In 2022, approx. 996 kg of tungsten (wolfram); articles thereof, including waste and scrap, powderses were exported from Luxembourg; surging by 858% against the year before. In general, exports, however, recorded a abrupt decrease.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses skyrocketed to $13K in 2022. Overall, exports, however, saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 367% against the previous year.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 8.7 | 0% |
| China | N/A | 0.8 | 1.6 | 4.0 | 123.6% |
| United Kingdom | 31.7 | N/A | N/A | N/A | 0% |
| France | 16.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 1.9 | 0.5 | -73.7% |
| Total | 47.8 | 0.8 | 3.6 | 13.2 | -34.9% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Luxembourg in 2022:
- Germany (880.0 kg)
- China (110.0 kg)
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