Salts; Tungstates (Wolframates) Price in Serbia - 2023

Contents:

1. Salts; Tungstates (Wolframates) Price in Serbia (CIF) - 2022
2. Salts; Tungstates (Wolframates) Price in Serbia (FOB) - 2022
3. Salts; Tungstates (Wolframates) Imports in Serbia
4. Salts; Tungstates (Wolframates) Exports in Serbia

Salts; Tungstates (Wolframates) Price in Serbia (CIF) - 2022

In 2022, the average salts; tungstates (wolframates) import price amounted to $54,000 per ton, with an increase of 137% against the previous year. In general, the import price, however, showed a noticeable contraction. The import price peaked at $86,375 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($80,500 per ton), while the price for Belgium ($36,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+17.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Salts; Tungstates (Wolframates) Price in Serbia (FOB) - 2022

In 2022, the average salts; tungstates (wolframates) export price amounted to $20,000 per ton, surging by 32% against the previous year. Overall, the export price, however, showed a abrupt descent. Over the period under review, the average export prices attained the peak figure at $95,938 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Montenegro amounted to -14.5% per year.

Salts; Tungstates (Wolframates) Imports in Serbia

In 2022, supplies from abroad of salts; tungstates (wolframates) decreased by -50% to 5 kg, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. As a result, imports attained the peak of 28 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, salts; tungstates (wolframates) imports surged to $270 in 2022. Over the period under review, imports recorded a significant decrease. The pace of growth was the most pronounced in 2020 when imports increased by 262%. As a result, imports reached the peak of $2K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Salts; Tungstates (Wolframates) to Serbia in 2022:

1. Belgium (2.0 kg)
2. Germany (2.0 kg)
3. India (1.0 kg)

Salts; Tungstates (Wolframates) Exports in Serbia

In 2022, shipments abroad of salts; tungstates (wolframates) increased by 520% to 31 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp curtailment.

In value terms, salts; tungstates (wolframates) exports skyrocketed to $620 in 2022. In general, exports, however, saw a sharp setback.

Top Export Markets for Salts; Tungstates (Wolframates) from Serbia in 2022:

1. Montenegro (31.0 kg)

Source: IndexBox Market Intelligence Platform