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

Contents:

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

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

In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $84,719 per ton, declining by -42.6% against the previous year. Over the period under review, the import price, however, saw tangible growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 102%. The import price peaked at $147,567 per ton in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($190,417 per ton), while the price for Denmark ($49,545 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+16.6%), 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 Norway (FOB) - 2022

The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $29,937 per ton in 2022, dropping by -36.1% against the previous year. In general, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2016 an increase of 260% against the previous year. Over the period under review, the average export prices attained the peak figure at $74,958 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($253,636 per ton), while the average price for exports to Sweden amounted to $22,721 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-1.6%).

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses, when their volume increased by 7.9% to 698 kg. Over the period under review, imports, however, recorded a abrupt decrease.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses shrank significantly to $59K in 2022. In general, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, imports reached the peak of $95K, and then shrank significantly in the following year.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States56.741.416.837.2-13.1%
Germany0.75.414.98.3128.0%
China2.8N/A1.74.718.8%
France0.2N/A0.84.6184.4%
Netherlands4.26.45.12.0-21.9%
DenmarkN/AN/AN/A0.50%
BelgiumN/AN/A45.2N/A0%
Austria2.30.5N/AN/A-78.3%
United KingdomN/A5.0N/AN/A0%
Others3.17.310.91.8-16.6%
Total69.966.195.559.1-5.4%

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

  1. United States (508.0 kg)
  2. Germany (63.0 kg)
  3. China (51.0 kg)
  4. France (24.0 kg)
  5. Netherlands (17.0 kg)
  6. Denmark (11.0 kg)

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

In 2022, approx. 442 kg of tungsten (wolfram); articles thereof, including waste and scrap, powderses were exported from Norway; rising by 1,742% on 2021 figures. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 4,134%. As a result, the exports reached the peak of 6 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses surged to $13K in 2022. Overall, exports posted a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by 3,535% against the previous year. As a result, the exports attained the peak of $387K. 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 Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A9.70%
SpainN/AN/AN/A2.80%
RomaniaN/A375N/AN/A0%
Ghana8.2N/AN/AN/A0%
Others2.511.51.10.8-31.6%
Total10.63871.113.27.6%

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

  1. Sweden (426.0 kg)
  2. Spain (11.0 kg)

Source: IndexBox Market Intelligence Platform

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