Price for Tungsten (Wolfram); Waste and Scrap in Colombia - 2022

Contents:

  1. Price for Tungsten (Wolfram); Waste and Scrap in Colombia (FOB) - 2022
  2. Price for Tungsten (Wolfram); Waste and Scrap in Colombia (CIF) - 2022
  3. Exports of Tungsten (Wolfram); Waste and Scrap in Colombia
  4. Imports of Tungsten (Wolfram); Waste and Scrap in Colombia

Price for Tungsten (Wolfram); Waste and Scrap in Colombia (FOB) - 2022

In 2022, the average export price for tungsten (wolfram); waste and scraps amounted to $19,755 per ton, rising by 13% against the previous year. In general, the export price recorded a resilient increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($19,746 per ton), while the average price for exports to the United States totaled $19,528 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+39.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tungsten (Wolfram); Waste and Scrap in Colombia (CIF) - 2022

The average import price for tungsten (wolfram); waste and scraps stood at $27,000 per ton in 2022, leveling off at the previous year. Overall, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 6.3%. As a result, import price reached the peak level of $38,681 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.9% per year.

Exports of Tungsten (Wolfram); Waste and Scrap in Colombia

In 2022, shipments abroad of tungsten (wolfram); waste and scraps was finally on the rise to reach 3.4 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a sharp contraction.

In value terms, tungsten (wolfram); waste and scrap exports soared to $66K in 2022. Overall, exports, however, faced a precipitous shrinkage.

Export of Tungsten (Wolfram); Waste and Scrap in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A27.90%
United States8.24.826.04.6-17.5%
MalaysiaN/A84.4N/AN/A0%
Canada18017.7N/AN/A-90.2%
OthersN/AN/AN/A34.00%
Total18810726.066.5-29.3%

Top Export Markets for Tungsten (Wolfram); Waste and Scrap from Colombia in 2022:

  1. Germany (1.4 tons)
  2. United States (0.2 tons)

Imports of Tungsten (Wolfram); Waste and Scrap in Colombia

In 2022, overseas purchases of tungsten (wolfram); waste and scraps increased by 6.2% to 68 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt shrinkage.

In value terms, tungsten (wolfram); waste and scrap imports rose remarkably to $1.8K in 2022. Overall, imports, however, showed a abrupt curtailment.

Import of Tungsten (Wolfram); Waste and Scrap in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.22.01.71.8-6.5%
OthersN/AN/AN/AN/A0%
Total2.22.01.71.8-6.5%

Top Suppliers of Tungsten (Wolfram); Waste and Scrap to Colombia in 2022:

  1. United States (68.0 kg)

Source: IndexBox Market Intelligence Platform

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