Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Canada - 2024
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Canada (CIF) - 2024
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Canada (FOB) - 2024
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Canada
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Canada
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Canada (CIF) - 2024
The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $40,470 per ton in January 2024, surging by 11% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in October 2023 an increase of 22% month-to-month. As a result, import price attained the peak level of $47,501 per ton. From November 2023 to January 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Israel ($71,802 per ton), while the price for the United States ($37,262 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Canada (FOB) - 2024
The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $36,479 per ton in January 2024, waning by -27.8% against the previous month. In general, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 50% m-o-m. The export price peaked at $61,649 per ton in February 2023; however, from March 2023 to January 2024, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In January 2024, the country with the highest price was the United States ($36,464 per ton), while the average price for exports to Australia totaled $36,329 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.3%), while the prices for the other major destinations experienced a decline.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Canada
Imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses into Canada soared to 943 tons in 2022, with an increase of 48% compared with the year before. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 155% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses surged to $36M in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 160%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.7 | 5.1 | 17.9 | 31.0 | 87.5% |
| China | 2.8 | 1.4 | 3.1 | 2.6 | -2.4% |
| Israel | 0.4 | 0.6 | 0.6 | 1.1 | 40.1% |
| South Korea | 0.9 | 0.7 | 0.1 | 0.6 | -12.6% |
| Peru | 0.4 | 0.7 | N/A | N/A | 75.0% |
| Others | 0.6 | 0.5 | 1.2 | 0.6 | 0.0% |
| Total | 9.8 | 8.8 | 22.9 | 35.9 | 54.2% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Canada in 2022:
- United States (847.8 tons)
- China (54.2 tons)
- Israel (16.4 tons)
- South Korea (12.0 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Canada
In 2022, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses from Canada soared to 541 tons, with an increase of 53% compared with 2021. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses skyrocketed to $26M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.2 | 10.2 | 11.5 | 24.2 | 25.6% |
| Australia | 0.5 | 0.4 | 1.0 | 1.2 | 33.9% |
| China | 0.2 | 0.3 | 0.9 | 0.2 | 0.0% |
| Germany | 1.8 | 1.4 | 1.4 | N/A | -11.8% |
| Others | 0.2 | 0.3 | 0.3 | 0.5 | 35.7% |
| Total | 14.8 | 12.5 | 15.0 | 26.2 | 21.0% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Canada in 2022:
- United States (492.8 tons)
- Australia (32.2 tons)
- China (3.9 tons)
- Germany (0.1 tons)
846
This report provides an in-depth analysis of the tungsten market in Canada.
563
This report provides an in-depth analysis of the berry market in Canada.
530
This report provides an in-depth analysis of the concrete tile market in Canada.
2703
This report provides an in-depth analysis of the strawberry market in Canada.
319
This report provides an in-depth analysis of the metal pickling preparations market in Canada.
300
This report provides an in-depth analysis of the embroidery market in Canada.
395
This report provides an in-depth analysis of the market for building blocks and bricks of cement, concrete or artificial stone in Canada.
363
This report provides an in-depth analysis of the market for tiles, flagstones and similar articles of cement, concrete or artificial stone in Canada.
471
This report provides an in-depth analysis of the global tungsten market.
1504
This report provides an in-depth analysis of the global tungsten market.
203
The rate of growth that stood out the most occurred in February 2023, with a month-on-month increase of 207%, while the value of Tungsten imports sharply declined to $140K in September 2023.
288
In September 2022, the concrete tile price amounted to $389 per ton (CIF, Canada), waning by -12.5% against the previous month.
398
In February 2023, the strawberry price amounted to $4,540 per ton (CIF, Canada), falling by -18.1% against the previous month.
3017
Global Tungsten Market: In 2017, the volume of the global tungsten concentrates consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered in the following year and then retained steady upward
1538
In value terms, tungsten imports amounted to $X in 2016. Overall, tungsten imports continue to indicate a slight slump. Over the period under review, global tungsten imports attained its maximum le...
1508
In value terms, tungsten ores and concentrates imports totaled $X in 2016. Overall, tungsten ores and concentrates imports continue to indicate a noticeable contraction. Global tungsten ores and co...
1611
In value terms, tungsten ores and concentrates exports amounted to $X in 2016. Overall, tungsten ores and concentrates exports continue to indicate a slight shrinkage. Over the period under review,...
2190
In value terms, tungsten exports stood at $X in 2016. In general, tungsten exports continue to indicate a measured deduction. Global tungsten export peaked of $X in 2011; however, from 2012 to X>
2086
The global trade in tungsten fluctuated wildly over the period under review. A X% drop in 2009 was followed by exports doubling over the next two years, until exports decreased again, and continued to fall until 2015. 2015 saw a slight uptick in expor
355
Explore the top import markets for berries in 2022 and the opportunities they offer to exporters. The United States, China, Hong Kong SAR, Germany, Canada, Netherlands, United Kingdom, Spain, France, and Russia are leading the global berry import market. Understand key statistics and market trends to make informed business decisions and maximize success. For valuable market insights and data, utilize the IndexBox market intelligence platform.
