Price for Tungsten (Wolfram); Waste and Scrap in France - 2023
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in France (CIF) - 2022
- Price for Tungsten (Wolfram); Waste and Scrap in France (FOB) - 2023
- Imports of Tungsten (Wolfram); Waste and Scrap in France
- Exports of Tungsten (Wolfram); Waste and Scrap in France
Price for Tungsten (Wolfram); Waste and Scrap in France (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); waste and scraps amounted to $15,460 per ton, increasing by 75% against the previous year. Overall, the import price, however, showed a abrupt slump. Over the period under review, average import prices reached the maximum at $27,954 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 the UK ($43,917 per ton), while the price for Germany totaled $13,704 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.3%).
Price for Tungsten (Wolfram); Waste and Scrap in France (FOB) - 2023
The average export price for tungsten (wolfram); waste and scraps stood at $17,161 per ton in June 2023, reducing by -21.8% against the previous month. In general, the export price showed a perceptible downturn. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 61% month-to-month. As a result, the export price reached the peak level of $29,925 per ton. From May 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Sweden ($30,311 per ton), while the average price for exports to Japan ($5,890 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tungsten (Wolfram); Waste and Scrap in France
In 2022, the amount of tungsten (wolfram); waste and scraps imported into France shrank dramatically to 499 tons, waning by -27.1% against 2021. Overall, imports, however, showed a modest expansion. The growth pace was the most rapid in 2021 with an increase of 107% against the previous year. As a result, imports attained the peak of 684 tons, and then contracted significantly in the following year.
In value terms, tungsten (wolfram); waste and scrap imports surged to $7.7M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Tungsten (Wolfram); Waste and Scrap in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.9 | 4.1 | 4.9 | 6.4 | 18.0% |
| United Kingdom | 0.5 | N/A | 0.9 | 1.2 | 33.9% |
| Others | 0.4 | 0.1 | 0.3 | 0.2 | -20.6% |
| Total | 4.7 | 4.2 | 6.0 | 7.7 | 17.9% |
Top Suppliers of Tungsten (Wolfram); Waste and Scrap to France in 2022:
- Germany (465.3 tons)
- United Kingdom (26.5 tons)
Exports of Tungsten (Wolfram); Waste and Scrap in France
In 2022, overseas shipments of tungsten (wolfram); waste and scraps were finally on the rise to reach 343 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp slump.
In value terms, tungsten (wolfram); waste and scrap exports surged to $8M in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tungsten (Wolfram); Waste and Scrap in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 687 | 881 | 1,843 | 4,693 | 89.7% |
| United Kingdom | 1,584 | 764 | 390 | 2,287 | 13.0% |
| Sweden | 149 | 160 | 358 | 912 | 82.9% |
| Hong Kong SAR | 655 | 84.4 | N/A | N/A | -87.1% |
| Malaysia | 47.6 | N/A | N/A | N/A | 0% |
| India | 31.6 | 56.8 | N/A | N/A | 79.7% |
| Slovenia | N/A | N/A | 845 | N/A | 0% |
| Others | 425 | 70.6 | 127 | 106 | -37.1% |
| Total | 3,580 | 2,017 | 3,562 | 7,998 | 30.7% |
Top Export Markets for Tungsten (Wolfram); Waste and Scrap from France in 2022:
- Germany (209.6 tons)
- United Kingdom (104.8 tons)
- Sweden (26.7 tons)
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