Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Hungary - 2023

Contents:

  1. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Hungary (CIF) - 2022
  2. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Hungary (FOB) - 2022
  3. Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Hungary
  4. Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Hungary

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Hungary (CIF) - 2022

In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $60,365 per ton, with a decrease of -33% against the previous year. In general, the import price saw a drastic downturn. The growth pace was the most rapid in 2018 an increase of 26%. Over the period under review, average import prices hit record highs at $102,274 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($83,778 per ton), while the price for the Czech Republic stood at $58,719 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced a decline.

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Hungary (FOB) - 2022

The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $4,468 per ton in 2022, shrinking by -75% against the previous year. In general, the export price showed a dramatic curtailment. The export price peaked at $17,894 per ton in 2021, and then fell sharply in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($4,600 per ton), while the average price for exports to the UK ($4,471 per ton) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-70.3%).

Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Hungary

In 2022, overseas purchases of tungsten (wolfram); articles thereof, including waste and scrap, powderses decreased by -83.9% to 137 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 146%. As a result, imports reached the peak of 899 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses fell remarkably to $8.3K in 2022. Overall, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 104% against the previous year.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/A1.912.77.598.7%
Austria19.850.428.50.8-65.7%
Switzerland12.117.81.6N/A-63.6%
Germany3.6N/A33.8N/A206.4%
ItalyN/A1.8N/AN/A0%
Others0.31.0N/AN/A233.3%
Total35.873.076.68.3-38.6%

Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Hungary in 2022:

  1. Czech Republic (128.0 kg)
  2. Austria (9.0 kg)

Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Hungary

In 2022, approx. 455 kg of tungsten (wolfram); articles thereof, including waste and scrap, powderses were exported from Hungary; shrinking by -88% against 2021. Over the period under review, exports faced a dramatic slump.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses fell significantly to $2K in 2022. Overall, exports showed a dramatic slump.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Hungary (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United KingdomN/A1.80%
France54.20.2-99.6%
Peru13.4N/A0%
Netherlands0.2N/A0%
OthersN/AN/A0%
Total67.82.0-97.1%

Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Hungary in 2022:

  1. United Kingdom (408.0 kg)
  2. France (36.0 kg)
  3. Netherlands (10.0 kg)

Source: IndexBox Market Intelligence Platform

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