Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Israel - 2024

Contents:

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

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

The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $52,679 per ton in 2022, increasing by 22% against the previous year. Over the period under review, the import price, however, recorded a perceptible decline. The growth pace was the most rapid in 2018 when the average import price increased by 25%. The import price peaked at $65,186 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($52,724 per ton) and Austria ($52,685 per ton), while the price for Hong Kong SAR ($52,675 per ton) and China ($52,679 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-2.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $51,485 per ton in 2022, growing by 14% against the previous year. In general, the export price, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of 30% against the previous year. The export price peaked at $67,373 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Canada ($61,887 per ton) and Italy ($51,649 per ton), while the average price for exports to Germany ($45,691 per ton) and India ($47,542 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 116 tons of tungsten (wolfram); articles thereof, including waste and scrap, powderses were imported into Israel; growing by 111% against the year before. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 493% against the previous year. As a result, imports reached the peak of 147 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses skyrocketed to $6.1M in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 462%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.4N/A1.45.6141.0%
Hong Kong SAR0.45.70.80.3-9.1%
AustriaN/AN/AN/A0.20%
South Korea0.20.10.1N/A-29.3%
Others0.1N/AN/AN/A0%
Total1.05.82.46.182.7%

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

  1. China (107.0 tons)
  2. Hong Kong SAR (4.8 tons)
  3. Austria (4.0 tons)
  4. South Korea (0.6 tons)

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

In 2022, shipments abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses decreased by -41% to 103 tons, falling for the second year in a row after two years of growth. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 191%. As a result, the exports attained the peak of 299 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses shrank remarkably to $5.3M in 2022. Over the period under review, exports, however, continue to indicate a notable increase. The pace of growth was the most pronounced in 2020 when exports increased by 212%. As a result, the exports attained the peak of $15M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.813.83.62.5-3.7%
Canada0.70.60.91.012.6%
India0.10.31.60.9108.0%
FranceN/AN/A0.60.4-33.3%
ItalyN/AN/A0.20.20.0%
Mexico0.2N/AN/A0.20.0%
Germany0.60.40.50.1-45.0%
Others0.4N/A0.3N/A-13.4%
Total4.915.17.95.32.7%

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

  1. United States (50.5 tons)
  2. India (17.9 tons)
  3. Canada (16.7 tons)
  4. France (8.0 tons)
  5. Mexico (3.8 tons)
  6. Italy (3.0 tons)
  7. Germany (2.9 tons)

Source: IndexBox Market Intelligence Platform

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