Price for Tungsten Ores and Concentrates in Romania - 2023

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

The average tungsten ores and concentrates import price stood at $51,050 per ton in 2022, standing approx. at the previous year. In general, the import price recorded significant growth. The growth pace was the most rapid in 2018 an increase of 416%. Over the period under review, average import prices attained the maximum at $51,533 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2016 to 2022, the rate of growth in terms of prices for France amounted to -10.7% per year.

Imports of Tungsten Ores and Concentrates in Romania

In 2022, overseas purchases of tungsten ores and concentrateses decreased by 0% to 300 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 2,900%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, tungsten ores and concentrates imports totaled $15K in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 5,053% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.