Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Netherlands - 2023

Contents:

  1. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Netherlands (CIF) - 2023
  2. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Netherlands (FOB) - 2022
  3. Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Netherlands
  4. Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Netherlands

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Netherlands (CIF) - 2023

The average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $93,983 per ton in November 2023, stabilizing at the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 34% m-o-m. Over the period under review, average import prices attained the maximum in November 2023.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($97,686 per ton), while the price for Germany totaled $93,185 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+114.5%), 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 the Netherlands (FOB) - 2022

The average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses stood at $34,136 per ton in 2022, declining by -58% against the previous year. In general, the export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2016 an increase of 41%. Over the period under review, the average export prices reached the maximum at $86,316 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($104,333 per ton), while the average price for exports to the Philippines ($16,226 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of tungsten (wolfram); articles thereof, including waste and scrap, powderses decreased by -6.6% to 24 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 412% against the previous year. As a result, imports attained the peak of 40 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 surged to $3.1M in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 155%. 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 the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6821,1742,3252,19447.6%
China0.279627.77841476.7%
United States77.411011212316.7%
Others58.12.439.55.9-53.3%
Total8182,0832,5043,10756.0%

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

  1. China (11.9 tons)
  2. Germany (11.6 tons)
  3. United States (0.9 tons)

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

Exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses from the Netherlands surged to 82 tons in 2022, rising by 576% compared with the previous year. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 703% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses skyrocketed to $2.8M in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 474% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain50.677.08591,074176.9%
France0.27695.78291506.4%
PhilippinesN/A113N/A785163.6%
Sweden43.141.442.240.7-1.9%
Germany42.913940.43.8-55.4%
Others65.722.339.372.03.1%
Total2031,1629872,804139.9%

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

  1. Philippines (48.4 tons)
  2. France (20.4 tons)
  3. Spain (11.9 tons)
  4. Sweden (0.4 tons)

Source: IndexBox Market Intelligence Platform

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