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

Contents:

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

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

The average import price for tungsten (wolfram); waste and scraps stood at $45,208 per ton in 2022, growing by 14% against the previous year. Overall, the import price posted significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2014 to 2022, the rate of growth in terms of prices for Spain amounted to +4.3% per year.

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

The average export price for tungsten (wolfram); waste and scraps stood at $25,907 per ton in 2022, surging by 56% against the previous year. Overall, the export price showed a slight expansion. The export price peaked at $26,941 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($26,573 per ton), while the average price for exports to the Netherlands ($22,619 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+0.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of tungsten (wolfram); waste and scraps imported into Portugal rose to 2.1 tons, with an increase of 4.6% on the previous year. In general, imports recorded slight growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tungsten (wolfram); waste and scrap imports soared to $93K in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tungsten (Wolfram); Waste and Scrap in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany73.575.278.093.18.2%
OthersN/AN/AN/AN/A0%
Total73.575.278.093.18.2%

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

  1. Germany (2.1 tons)

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

In 2022, overseas shipments of tungsten (wolfram); waste and scraps increased by 170% to 5.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt decrease.

In value terms, tungsten (wolfram); waste and scrap exports soared to $135K in 2022. In general, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tungsten (Wolfram); Waste and Scrap in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A43.612.410051.4%
Spain12915.012.233.9-35.9%
Netherlands4.64.77.40.3-59.7%
OthersN/AN/AN/AN/A0%
Total13363.431.91350.5%

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

  1. Netherlands (undefined tons)
  2. Germany (3.8 tons)
  3. Spain (1.4 tons)

Source: IndexBox Market Intelligence Platform

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