Price for Tungsten Ores and Concentrates in Colombia - 2022

Contents:

1. Price for Tungsten Ores and Concentrates in Colombia (CIF) - 2022
2. Price for Tungsten Ores and Concentrates in Colombia (FOB) - 2022
3. Imports of Tungsten Ores and Concentrates in Colombia
4. Exports of Tungsten Ores and Concentrates in Colombia

Price for Tungsten Ores and Concentrates in Colombia (CIF) - 2022

In 2022, the average tungsten ores and concentrates import price amounted to $251,000 per ton, increasing by 16% against the previous year. In general, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 157%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +13.8% per year.

Price for Tungsten Ores and Concentrates in Colombia (FOB) - 2022

In 2022, the average tungsten ores and concentrates export price amounted to $7,336 per ton, remaining constant against the previous year. Overall, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 21% against the previous year. Over the period under review, the average export prices attained the peak figure at $18,802 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.5% per year.

Imports of Tungsten Ores and Concentrates in Colombia

In 2022, purchases abroad of tungsten ores and concentrateses was finally on the rise to reach 24 kg after two years of decline. Over the period under review, imports, however, recorded a precipitous shrinkage.

In value terms, tungsten ores and concentrates imports surged to $6K in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tungsten Ores and Concentrates to Colombia in 2022:

1. United States (24.0 kg)

Exports of Tungsten Ores and Concentrates in Colombia

After two years of decline, shipments abroad of tungsten ores and concentrateses increased by 50% to 1.7 tons in 2022. Over the period under review, exports, however, faced a precipitous descent.

In value terms, tungsten ores and concentrates exports surged to $12K in 2022. Overall, exports, however, continue to indicate a precipitous shrinkage.

Top Export Markets for Tungsten Ores and Concentrates from Colombia in 2022:

1. China (1655.0 kg)

Source: IndexBox Market Intelligence Platform