Tungsten (Wolfram); Wire Price in Brazil - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Brazil (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Brazil (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Brazil
- Tungsten (Wolfram); Wire Exports in Brazil
Tungsten (Wolfram); Wire Price in Brazil (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $76,500 per ton in 2022, waning by -16.5% against the previous year. Over the period under review, the import price showed a pronounced setback. The pace of growth was the most pronounced in 2018 an increase of 37%. As a result, import price attained the peak level of $99,385 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
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 ($135,936 per ton), while the price for China ($51,076 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Price in Brazil (FOB) - 2022
The average tungsten (wolfram); wire export price stood at $42,798 per ton in 2022, which is down by -21.5% against the previous year. In general, the export price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 903% against the previous year. As a result, the export price attained the peak level of $106,119 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Paraguay.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +41.5% per year.
Tungsten (Wolfram); Wire Imports in Brazil
In 2022, approx. 9 tons of tungsten (wolfram); wires were imported into Brazil; surging by 3.7% against 2021. In general, imports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 5.6%.
In value terms, tungsten (wolfram); wire imports shrank to $687K in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 30%. As a result, imports reached the peak of $794K, and then contracted in the following year.
| Import of Tungsten (Wolfram); Wire in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 246 | 191 | 216 | 297 | 6.5% |
| Germany | 196 | 174 | 169 | 87.6 | -23.5% |
| Hong Kong SAR | 34.1 | 29.8 | 27.2 | 69.2 | 26.6% |
| United States | 63.8 | 41.4 | 31.8 | 54.7 | -5.0% |
| France | 13.9 | 27.6 | 30.9 | 47.6 | 50.7% |
| Canada | N/A | N/A | 26.9 | 34.4 | 27.9% |
| Switzerland | 16.6 | 25.3 | 57.7 | 30.3 | 22.2% |
| South Korea | 44.8 | 62.9 | 78.3 | 30.2 | -12.3% |
| Japan | 34.0 | 23.2 | 114 | 21.3 | -14.4% |
| Others | 41.6 | 37.1 | 42.9 | 14.8 | -29.1% |
| Total | 691 | 612 | 794 | 687 | -0.2% |
Top Suppliers of Tungsten (Wolfram); Wire to Brazil in 2022:
- China (5820.0 kg)
- Germany (644.0 kg)
- Hong Kong SAR (540.0 kg)
- United States (467.0 kg)
- France (383.0 kg)
- Canada (382.0 kg)
- Switzerland (235.0 kg)
- South Korea (234.0 kg)
- Japan (180.0 kg)
Tungsten (Wolfram); Wire Exports in Brazil
Tungsten (wolfram); wire exports from Brazil soared to 89 kg in 2022, jumping by 33% against the year before. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 376% against the previous year. As a result, the exports attained the peak of 157 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, tungsten (wolfram); wire exports rose modestly to $3.8K in 2022. Overall, exports showed prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 200% against the previous year. As a result, the exports reached the peak of $8K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Tungsten (Wolfram); Wire in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 1.7 | 1.3 | 2.5 | 3.8 | 30.8% |
| Uruguay | 0.9 | 1.9 | 1.1 | N/A | 10.6% |
| United States | N/A | 4.2 | N/A | N/A | 0% |
| Others | N/A | 0.7 | 0.1 | N/A | -85.7% |
| Total | 2.7 | 8.0 | 3.7 | 3.8 | 12.1% |
Top Export Markets for Tungsten (Wolfram); Wire from Brazil in 2022:
- Paraguay (89.0 kg)
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