Price for Tungsten Ores and Concentrates in Guatemala - 2023

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

In 2022, the average tungsten ores and concentrates import price amounted to $47,000 per ton, falling by -11.3% against the previous year. In general, the import price faced a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 88%. Over the period under review, average import prices hit record highs at $208,600 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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.

Imports of Tungsten Ores and Concentrates in Guatemala

For the third consecutive year, Guatemala recorded decline in overseas purchases of tungsten ores and concentrateses, which decreased by -66.7% to 1 kg in 2022. Over the period under review, imports saw a precipitous decline. The smallest decline of -40% was in 2021.

In value terms, tungsten ores and concentrates imports shrank rapidly to $47 in 2022. In general, imports recorded a sharp downturn. The smallest decline of -45.5% was in 2021.