Price for Tungsten (Wolfram); Waste and Scrap in Luxembourg - 2023
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in Luxembourg (FOB) - 2022
- Price for Tungsten (Wolfram); Waste and Scrap in Luxembourg (CIF) - 2022
- Exports of Tungsten (Wolfram); Waste and Scrap in Luxembourg
- Imports of Tungsten (Wolfram); Waste and Scrap in Luxembourg
Price for Tungsten (Wolfram); Waste and Scrap in Luxembourg (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); waste and scraps amounted to $10,541 per ton, dropping by -17.2% against the previous year. In general, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 41% against the previous year. Over the period under review, the average export prices hit record highs at $26,601 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
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 ($20,572 per ton), while the average price for exports to the United States stood at $9,622 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+25.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Tungsten (Wolfram); Waste and Scrap in Luxembourg (CIF) - 2022
In 2021, the average import price for tungsten (wolfram); waste and scraps amounted to $22,405 per ton, picking up by 52% against the previous year. In general, the import price, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2018 an increase of 101%. The import price peaked at $25,346 per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2013 to 2021, the rate of growth in terms of prices for the United States amounted to -2.1% per year.
Exports of Tungsten (Wolfram); Waste and Scrap in Luxembourg
In 2022, the amount of tungsten (wolfram); waste and scraps exported from Luxembourg soared to 290 tons, picking up by 21% against the year before. Overall, exports, however, faced a dramatic decrease.
In value terms, tungsten (wolfram); waste and scrap exports stood at $3.1M in 2022. Over the period under review, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 47%.
Export of Tungsten (Wolfram); Waste and Scrap in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.9 | 0.8 | 2.4 | 2.6 | -3.6% |
Germany | 1.6 | 0.1 | 0.2 | 0.5 | -32.1% |
Finland | 0.2 | N/A | 0.2 | N/A | 0.0% |
Czech Republic | N/A | 1.1 | 0.3 | N/A | -72.7% |
Others | 0.1 | 0.2 | N/A | N/A | 100.0% |
Total | 4.9 | 2.1 | 3.1 | 3.1 | -14.2% |
Top Export Markets for Tungsten (Wolfram); Waste and Scrap from Luxembourg in 2022:
- United States (266.0 tons)
- Germany (24.4 tons)
Imports of Tungsten (Wolfram); Waste and Scrap in Luxembourg
In 2021, after two years of growth, there was significant decline in overseas purchases of tungsten (wolfram); waste and scraps, when their volume decreased by -98.9% to 18 tons. Over the period under review, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 301%. As a result, imports reached the peak of 1.6K tons, and then contracted rapidly in the following year.
In value terms, tungsten (wolfram); waste and scrap imports dropped sharply to $405K in 2021. Overall, imports recorded a sharp contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 208% against the previous year. As a result, imports attained the peak of $23M, and then dropped significantly in the following year.
Import of Tungsten (Wolfram); Waste and Scrap in Luxembourg (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Germany | 7.5 | 23.5 | 0.4 | -76.9% | |
Others | 0.1 | N/A | N/A | 0% | |
Total | 7.6 | 23.5 | 0.4 | -77.1% |
Top Suppliers of Tungsten (Wolfram); Waste and Scrap to Luxembourg in 2022:
- Germany (18.1 tons)
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