Price for Tungsten (Wolfram); Waste and Scrap in Hungary - 2023

Contents:

  1. Price for Tungsten (Wolfram); Waste and Scrap in Hungary (CIF) - 2022
  2. Price for Tungsten (Wolfram); Waste and Scrap in Hungary (FOB) - 2022
  3. Imports of Tungsten (Wolfram); Waste and Scrap in Hungary
  4. Exports of Tungsten (Wolfram); Waste and Scrap in Hungary

Price for Tungsten (Wolfram); Waste and Scrap in Hungary (CIF) - 2022

In 2022, the average import price for tungsten (wolfram); waste and scraps amounted to $2,069 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price showed a deep setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 90% against the previous year. As a result, import price attained the peak level of $28,545 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -15.9% per year.

Price for Tungsten (Wolfram); Waste and Scrap in Hungary (FOB) - 2022

In 2022, the average export price for tungsten (wolfram); waste and scraps amounted to $22,809 per ton, flattening at the previous year. Over the period under review, the export price showed a slight slump. The pace of growth appeared the most rapid in 2013 an increase of 15% against the previous year. As a result, the export price reached the peak level of $30,926 per ton. From 2014 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 Germany ($22,867 per ton), while the average price for exports to Austria totaled $13,700 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-2.0%).

Imports of Tungsten (Wolfram); Waste and Scrap in Hungary

In 2022, approx. 29 kg of tungsten (wolfram); waste and scraps were imported into Hungary; reducing by -19.4% on the previous year. Overall, imports showed a drastic downturn.

In value terms, tungsten (wolfram); waste and scrap imports dropped significantly to $60 in 2022. Over the period under review, imports continue to indicate a precipitous contraction.

Import of Tungsten (Wolfram); Waste and Scrap in Hungary (USD)
COUNTRY20212022CAGR,
2021-2022
Netherlands75.060.0-20.0%
OthersN/AN/A0%
Total75.060.0-20.0%

Top Suppliers of Tungsten (Wolfram); Waste and Scrap to Hungary in 2022:

  1. Netherlands (29.0 kg)

Exports of Tungsten (Wolfram); Waste and Scrap in Hungary

Tungsten (wolfram); waste and scrap exports from Hungary was estimated at 18 tons in 2022, standing approx. at 2021 figures. In general, exports saw a abrupt contraction. The smallest decline of -22.3% was in 2020.

In value terms, tungsten (wolfram); waste and scrap exports totaled $409K in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The smallest decline of -21.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Tungsten (Wolfram); Waste and Scrap in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany405316N/A4070.2%
OthersN/AN/AN/A1.60%
Total405316N/A4090.3%

Top Export Markets for Tungsten (Wolfram); Waste and Scrap from Hungary in 2022:

  1. Germany (17.8 tons)

Source: IndexBox Market Intelligence Platform

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