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

Contents:

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

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

In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $6,433 per ton, dropping by -63.6% against the previous year. Overall, the import price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of 76%. The import price peaked at $17,685 per ton in 2021, and then shrank markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +18.5% per year.

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

For the third consecutive year, Pakistan recorded decline in supplies from abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses, which decreased by -89.1% to 67 kg in 2022. Overall, imports saw a sharp reduction. The smallest decline of -8% was in 2020.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses declined markedly to $431 in 2022. In general, imports showed a dramatic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 2.1%.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A0.40%
China0.20.20.3N/A22.5%
United Kingdom3.53.73.9N/A5.6%
India4.64.74.9N/A3.2%
Singapore1.91.81.7N/A-5.4%
United States0.10.10.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total10.410.610.80.4-66.2%

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

  1. United Arab Emirates (67.0 kg)

Source: IndexBox Market Intelligence Platform

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