Tungsten (Wolfram); Wire Price in Lithuania - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Lithuania (FOB) - 2022
- Tungsten (Wolfram); Wire Price in Lithuania (CIF) - 2022
- Tungsten (Wolfram); Wire Exports in Lithuania
- Tungsten (Wolfram); Wire Imports in Lithuania
Tungsten (Wolfram); Wire Price in Lithuania (FOB) - 2022
In 2022, the average tungsten (wolfram); wire export price amounted to $114,335 per ton, picking up by 165% against the previous year. Overall, the export price saw a significant increase. Over the period under review, the average export prices hit record highs at $215,734 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($159,500 per ton), while the average price for exports to Denmark ($22,667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+46,025.3%), while the prices for the other major destinations experienced more modest paces of growth.
Tungsten (Wolfram); Wire Price in Lithuania (CIF) - 2022
In 2022, the average tungsten (wolfram); wire import price amounted to $2,075,545 per ton, rising by 26% against the previous year. In general, the import price enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 1,324%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 ($563,333 per ton), while the price for Poland ($25,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+67.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Exports in Lithuania
Tungsten (wolfram); wire exports from Lithuania surged to 234 kg in 2022, growing by 172% compared with 2021. Overall, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 175%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, tungsten (wolfram); wire exports surged to $14K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tungsten (Wolfram); Wire in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 5.9 | 0% |
| Latvia | N/A | 0.2 | 0.7 | 2.1 | 224.0% |
| Estonia | 0.1 | 0.7 | 1.3 | 1.2 | 128.9% |
| Germany | N/A | 0.6 | 0.6 | 1.0 | 29.1% |
| Denmark | N/A | N/A | 0.6 | 0.3 | -50.0% |
| Finland | N/A | 0.2 | 0.1 | 0.3 | 22.5% |
| Russia | 2.1 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.4 | 0.5 | 3.2 | 51.2% |
| Total | 2.2 | 2.9 | 3.7 | 14.1 | 85.8% |
Top Export Markets for Tungsten (Wolfram); Wire from Lithuania in 2022:
- Kazakhstan (112.0 kg)
- Latvia (72.0 kg)
- Estonia (16.0 kg)
- Denmark (15.0 kg)
- Finland (13.0 kg)
- Germany (6.0 kg)
Tungsten (Wolfram); Wire Imports in Lithuania
For the third year in a row, Lithuania recorded decline in purchases abroad of tungsten (wolfram); wires, which decreased by -45.1% to 28 kg in 2022. Over the period under review, imports faced a sharp curtailment. The smallest decline of -16.4% was in 2021.
In value terms, tungsten (wolfram); wire imports shrank remarkably to $12K in 2022. Overall, imports, however, posted a temperate increase. The most prominent rate of growth was recorded in 2021 when imports increased by 117% against the previous year. As a result, imports attained the peak of $15K, and then declined notably in the following year.
| Import of Tungsten (Wolfram); Wire in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.3 | N/A | N/A | 4.9 | 28.7% |
| Germany | 6.0 | 1.0 | 12.5 | 1.7 | -34.3% |
| China | 0.1 | 0.3 | 1.7 | N/A | 312.3% |
| Belgium | 2.8 | 4.9 | 0.7 | N/A | -50.0% |
| United Kingdom | 0.3 | 0.6 | N/A | N/A | 100.0% |
| Poland | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | 5.9 | 289.3% |
| Total | 11.6 | 6.8 | 14.8 | 12.5 | 2.5% |
Top Suppliers of Tungsten (Wolfram); Wire to Lithuania in 2022:
- Netherlands (23.0 kg)
- Germany (3.0 kg)
- Poland (1.0 kg)
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