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

Contents:

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

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

The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $60,579 per ton in 2022, jumping by 54% against the previous year. Overall, the import price, however, recorded a noticeable decline. The import price peaked at $95,108 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($235,061 per ton), while the price for China ($30,189 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+68.4%), 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 Russia (FOB) - 2022

The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $4,234 per ton in 2022, dropping by -51.4% against the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 127% against the previous year. The export price peaked at $64,347 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +2.6% per year.

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

In 2022, approx. 3.1 tons of tungsten (wolfram); articles thereof, including waste and scrap, powderses were imported into Russia; which is down by -36.5% on the previous year's figure. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 115%. As a result, imports reached the peak of 4.8 tons, and then declined sharply in the following year.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses contracted slightly to $186K in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, imports reached the peak of $190K, and then contracted in the following year.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13580.81781462.6%
ChinaN/AN/AN/A24.00%
JapanN/A47.9N/A15.5-43.1%
Latvia25.8N/A1.1N/A-79.4%
United Kingdom7.17.81.9N/A-48.3%
Others2.08.68.70.7-29.5%
Total1701451901863.0%

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

  1. United States (2202.0 kg)
  2. China (795.0 kg)
  3. Japan (66.0 kg)

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

In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap, powderses exported from Russia soared to 11 tons, jumping by 794% compared with the year before. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,097%. As a result, the exports reached the peak of 17 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses surged to $47K in 2022. In general, exports, however, faced a sharp reduction.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan0.617.36.246.8327.3%
France73.965.6N/AN/A-11.2%
Others17.9N/A4.6N/A-49.3%
Total92.482.910.846.8-20.3%

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

  1. Kazakhstan (11.1 tons)

Source: IndexBox Market Intelligence Platform

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