Price for Tungsten (Wolfram); Waste and Scrap in Poland - 2023

Contents:

  1. Price for Tungsten (Wolfram); Waste and Scrap in Poland (FOB) - 2023
  2. Price for Tungsten (Wolfram); Waste and Scrap in Poland (CIF) - 2022
  3. Exports of Tungsten (Wolfram); Waste and Scrap in Poland
  4. Imports of Tungsten (Wolfram); Waste and Scrap in Poland

Price for Tungsten (Wolfram); Waste and Scrap in Poland (FOB) - 2023

In June 2023, the average export price for tungsten (wolfram); waste and scraps amounted to $26,827 per ton, increasing by 5.3% against the previous month. Overall, the export price posted a slight increase. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 143% against the previous month. As a result, the export price attained the peak level of $56,377 per ton. From November 2022 to June 2023, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In June 2023, the country with the highest price was India ($36,478 per ton), while the average price for exports to Germany amounted to $25,056 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+65.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for tungsten (wolfram); waste and scraps amounted to $33,090 per ton, increasing by 11% against the previous year. Overall, the import price saw a measured expansion. The most prominent rate of growth was recorded in 2021 an increase of 96%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($65,090 per ton), while the price for the Netherlands ($30,627 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of tungsten (wolfram); waste and scraps increased by 3.7% to 190 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a noticeable reduction.

In value terms, tungsten (wolfram); waste and scrap exports skyrocketed to $4.9M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.3% against 2020 indices. 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 Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,3312,5042,0563,3700.4%
Ireland25.9114417877223.5%
ItalyN/AN/AN/A5300%
IndiaN/A27.6107127114.5%
Czech Republic445109374N/A-8.3%
Others13227.4N/A0.7-82.6%
Total3,9352,7812,9534,9047.6%

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

  1. Germany (136.9 tons)
  2. Ireland (31.5 tons)
  3. Italy (18.0 tons)
  4. India (4.0 tons)

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

In 2022, tungsten (wolfram); waste and scrap imports into Poland shrank modestly to 853 kg, dropping by -3.6% against the previous year. In general, imports showed a significant decline.

In value terms, tungsten (wolfram); waste and scrap imports totaled $28K in 2022. Overall, imports recorded a dramatic decrease.

Import of Tungsten (Wolfram); Waste and Scrap in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A22.80%
Czech Republic28.541.4N/A4.4-46.4%
SlovakiaN/AN/AN/A0.90%
Bulgaria25.7N/A6.3N/A-50.5%
South Korea14.3N/AN/AN/A0%
Germany49.6N/A20.0N/A-36.5%
China20.9N/AN/AN/A0%
UkraineN/A57.8N/AN/A0%
OthersN/A1.3N/A0.1-72.3%
Total13910126.328.2-41.2%

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

  1. Netherlands (744.0 kg)
  2. Czech Republic (92.0 kg)
  3. Slovakia (14.0 kg)

Source: IndexBox Market Intelligence Platform

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