Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in India - 2023
Contents:
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in India (CIF) - 2022
- Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in India (FOB) - 2022
- Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in India
- Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in India
Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in India (CIF) - 2022
The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $54,696 per ton in 2022, rising by 19% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 19% against the previous year. Over the period under review, average import prices attained the maximum at $58,595 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($86,723 per ton), while the price for Israel ($47,394 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), 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 India (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $17,176 per ton, with a decrease of -30.5% against the previous year. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 73%. Over the period under review, the average export prices hit record highs at $43,280 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($17,488 per ton), while the average price for exports to the United States amounted to $16,914 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in India
In 2022, the amount of tungsten (wolfram); articles thereof, including waste and scrap, powderses imported into India declined to 95 tons, which is down by -5.2% on the year before. Overall, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 14%.
In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses rose sharply to $5.2M in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 2,402 | 1,756 | 1,959 | 2,025 | -5.5% |
Israel | 112 | 138 | 781 | 1,038 | 110.1% |
United States | 870 | 538 | 288 | 685 | -7.7% |
China | 407 | 408 | 708 | 670 | 18.1% |
Argentina | 116 | 532 | 429 | 432 | 55.0% |
Germany | 216 | 246 | 427 | 344 | 16.8% |
Others | 241 | 42.2 | 40.0 | 16.5 | -59.1% |
Total | 4,364 | 3,661 | 4,632 | 5,211 | 6.1% |
Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to India in 2022:
- South Korea (40.6 tons)
- Israel (21.9 tons)
- China (12.6 tons)
- United States (7.9 tons)
- Argentina (7.5 tons)
- Germany (4.7 tons)
Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in India
In 2022, approx. 70 tons of tungsten (wolfram); articles thereof, including waste and scrap, powderses were exported from India; growing by 229% on the year before. Overall, exports recorded significant growth. 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 soared to $1.2M in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 147% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 403 | 195 | 484 | 1,117 | 40.5% |
Canada | N/A | N/A | N/A | 59.6 | 0% |
China | 55.0 | N/A | N/A | N/A | 0% |
Myanmar | 127 | N/A | N/A | N/A | 0% |
Others | 41.1 | 16.7 | 39.3 | 22.1 | -18.7% |
Total | 627 | 212 | 523 | 1,198 | 24.1% |
Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from India in 2022:
- United States (66.0 tons)
- Canada (3.4 tons)
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