Price for Tungsten (Wolfram); Waste and Scrap in Italy - 2023
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in Italy (CIF) - 2022
- Price for Tungsten (Wolfram); Waste and Scrap in Italy (FOB) - 2023
- Imports of Tungsten (Wolfram); Waste and Scrap in Italy
- Exports of Tungsten (Wolfram); Waste and Scrap in Italy
Price for Tungsten (Wolfram); Waste and Scrap in Italy (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); waste and scraps amounted to $18,423 per ton, picking up by 12% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2020 an increase of 69%. Over the period under review, average import prices attained the maximum at $28,278 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Germany ($21,180 per ton), while the price for Switzerland ($8,247 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+28.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tungsten (Wolfram); Waste and Scrap in Italy (FOB) - 2023
The average export price for tungsten (wolfram); waste and scraps stood at $17,691 per ton in June 2023, rising by 17% against the previous month. In general, the export price continues to indicate a temperate increase. The pace of growth was the most pronounced in September 2022 an increase of 203% m-o-m. As a result, the export price reached the peak level of $31,689 per ton. From October 2022 to June 2023, the the average export prices remained at a 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 Austria ($30,615 per ton), while the average price for exports to Germany totaled $5,787 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (-0.4%).
Imports of Tungsten (Wolfram); Waste and Scrap in Italy
In 2022, the amount of tungsten (wolfram); waste and scraps imported into Italy totaled 291 tons, therefore, remained relatively stable against the year before. In general, imports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2021 when imports increased by 1,346%.
In value terms, tungsten (wolfram); waste and scrap imports expanded significantly to $5.4M in 2022. Overall, imports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 801%.
| Import of Tungsten (Wolfram); Waste and Scrap in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 0.4 | N/A | 1.0 | 3.0 | 95.7% |
| Germany | 6.0 | 0.4 | 3.0 | 2.1 | -29.5% |
| Tunisia | N/A | N/A | N/A | 0.1 | 0% |
| Austria | 0.1 | N/A | 0.4 | N/A | 100.0% |
| Israel | N/A | N/A | 0.3 | N/A | 0% |
| Romania | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.2 | N/A | 0.2 | -12.6% |
| Total | 7.0 | 0.5 | 4.7 | 5.4 | -8.3% |
Top Suppliers of Tungsten (Wolfram); Waste and Scrap to Italy in 2022:
- Ireland (177.2 tons)
- Germany (98.1 tons)
- Tunisia (7.0 tons)
Exports of Tungsten (Wolfram); Waste and Scrap in Italy
In 2022, approx. 653 tons of tungsten (wolfram); waste and scraps were exported from Italy; growing by 71% against the year before. Overall, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 120%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, tungsten (wolfram); waste and scrap exports skyrocketed to $7.1M in 2022. In general, exports continue to indicate notable growth. The growth pace was the most rapid in 2021 with an increase of 134% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Tungsten (Wolfram); Waste and Scrap in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.5 | 0.4 | 1.6 | 4.2 | 40.9% |
| Austria | 4.6 | 1.0 | 2.5 | 2.5 | -18.4% |
| United Kingdom | 0.2 | 0.2 | N/A | 0.1 | -20.6% |
| Others | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Total | 6.5 | 1.9 | 4.4 | 7.1 | 3.0% |
Top Export Markets for Tungsten (Wolfram); Waste and Scrap from Italy in 2022:
- Germany (544.0 tons)
- Austria (93.1 tons)
- United Kingdom (2.5 tons)
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