Price for Tungsten (Wolfram); Waste and Scrap in Russia - 2022
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in Russia (FOB) - 2021
- Price for Tungsten (Wolfram); Waste and Scrap in Russia (CIF) - 2022
- Exports of Tungsten (Wolfram); Waste and Scrap in Russia
- Imports of Tungsten (Wolfram); Waste and Scrap in Russia
Price for Tungsten (Wolfram); Waste and Scrap in Russia (FOB) - 2021
In December 2021, the average export price for tungsten (wolfram); waste and scraps amounted to $8,913 per ton, surging by 5.6% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2021 an increase of 134% against the previous month. The export price peaked at $26,000 per ton in October 2021; however, from November 2021 to December 2021, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($26,000 per ton), while the average price for exports to Germany amounted to $7,620 per ton.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+447.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tungsten (Wolfram); Waste and Scrap in Russia (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); waste and scraps amounted to $8,505 per ton, increasing by 10% against the previous year. In general, the import price posted a buoyant increase. The growth pace was the most rapid in 2018 when the average import price increased by 559%. As a result, import price reached the peak level of $13,464 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +7.7% per year.
Exports of Tungsten (Wolfram); Waste and Scrap in Russia
In 2022, shipments abroad of tungsten (wolfram); waste and scraps increased by 43% to 248 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a precipitous slump.
In value terms, tungsten (wolfram); waste and scrap exports surged to $3.1M in 2022. Over the period under review, exports, however, continue to indicate a precipitous decrease.
| Export of Tungsten (Wolfram); Waste and Scrap in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.8 | 3.8 | 1.2 | 0.8 | -53.2% |
| Turkey | N/A | N/A | N/A | 0.4 | 0% |
| Netherlands | N/A | N/A | N/A | 0.1 | 0% |
| United Kingdom | 1.1 | 0.1 | N/A | N/A | -90.9% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | 1.1 | 1.9 | 111.8% |
| Total | 9.1 | 3.9 | 2.3 | 3.1 | -30.2% |
Top Export Markets for Tungsten (Wolfram); Waste and Scrap from Russia in 2022:
- Germany (80.9 tons)
- Turkey (25.8 tons)
- Netherlands (6.6 tons)
Imports of Tungsten (Wolfram); Waste and Scrap in Russia
In 2022, after three years of growth, there was significant decline in overseas purchases of tungsten (wolfram); waste and scraps, when their volume decreased by -31.9% to 145 tons. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 192%.
In value terms, tungsten (wolfram); waste and scrap imports dropped rapidly to $1.2M in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 99.9% against the previous year. As a result, imports reached the peak of $1.6M, and then fell sharply in the following year.
| Import of Tungsten (Wolfram); Waste and Scrap in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.7 | 447 | 1,560 | 1,231 | 347.9% |
| Singapore | 484 | 249 | N/A | N/A | -48.6% |
| Kazakhstan | 64.0 | 125 | 81.6 | N/A | 12.9% |
| Others | 2.1 | N/A | N/A | N/A | 0% |
| Total | 564 | 821 | 1,642 | 1,231 | 29.7% |
Top Suppliers of Tungsten (Wolfram); Waste and Scrap to Russia in 2022:
- Germany (144.8 tons)
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