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

Contents:

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

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

The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $63,905 per ton in 2022, picking up by 2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 30% against the previous year. The import price peaked at $70,207 per ton in 2016; however, from 2017 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 Austria ($115,600 per ton), while the price for China ($53,701 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $55,176 per ton, waning by -23.2% against the previous year. Overall, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 89% against the previous year. The export price peaked at $105,980 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -6.3% per year.

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

In 2022, after three years of growth, there was decline in supplies from abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses, when their volume decreased by -1.1% to 11 tons. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 99% against the previous year.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses totaled $714K in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 89% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20841656649033.1%
Germany5.46.448.796.7161.6%
China15.627.257.480.672.9%
Czech RepublicN/AN/AN/A39.80%
Others27.233.430.36.9-36.7%
Total25648370371440.8%

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

  1. United States (8.1 tons)
  2. China (1.5 tons)
  3. Germany (1.1 tons)
  4. Czech Republic (0.4 tons)

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

For the fourth year in a row, Peru recorded growth in shipments abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses, which increased by 28% to 148 kg in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 69% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses reduced to $8.2K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 66% against the previous year.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada4.87.98.28.119.1%
Others0.10.10.10.10.0%
Total4.88.08.38.219.5%

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

  1. Canada (147.0 kg)

Source: IndexBox Market Intelligence Platform

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