Price for Tungsten (Wolfram); Waste and Scrap in Switzerland - 2023
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in Switzerland (FOB) - 2023
- Price for Tungsten (Wolfram); Waste and Scrap in Switzerland (CIF) - 2022
- Exports of Tungsten (Wolfram); Waste and Scrap in Switzerland
- Imports of Tungsten (Wolfram); Waste and Scrap in Switzerland
Price for Tungsten (Wolfram); Waste and Scrap in Switzerland (FOB) - 2023
In August 2023, the average export price for tungsten (wolfram); waste and scraps amounted to $15,848 per ton, shrinking by -15.4% against the previous month. Overall, export price indicated a modest expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, tungsten (wolfram); waste and scrap export price increased by +17.6% against June 2023 indices. The pace of growth was the most pronounced in April 2023 when the average export price increased by 50% month-to-month. As a result, the export price reached the peak level of $22,040 per ton. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From August 2022 to August 2023, the rate of growth in terms of prices for Austria amounted to +1.7% per month.
Price for Tungsten (Wolfram); Waste and Scrap in Switzerland (CIF) - 2022
The average import price for tungsten (wolfram); waste and scraps stood at $23,792 per ton in 2022, growing by 39% against the previous year. Over the period under review, the import price, however, recorded a slight decline. The import price peaked at $28,953 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -0.6% per year.
Exports of Tungsten (Wolfram); Waste and Scrap in Switzerland
In 2022, the amount of tungsten (wolfram); waste and scraps exported from Switzerland contracted modestly to 352 tons, dropping by -2.4% against the previous year's figure. Over the period under review, exports recorded a mild descent. The growth pace was the most rapid in 2021 with an increase of 36%.
In value terms, tungsten (wolfram); waste and scrap exports expanded rapidly to $5.4M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +95.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 80%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Tungsten (Wolfram); Waste and Scrap in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.3 | 1.8 | 3.4 | 4.1 | 21.3% |
| Austria | 1.4 | 0.7 | 1.1 | 1.1 | -7.7% |
| Czech Republic | N/A | 0.2 | 0.5 | N/A | 150.0% |
| Others | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Total | 3.9 | 2.7 | 4.9 | 5.4 | 11.5% |
Top Export Markets for Tungsten (Wolfram); Waste and Scrap from Switzerland in 2022:
- Germany (239.4 tons)
- Austria (106.7 tons)
- Czech Republic (2.0 tons)
Imports of Tungsten (Wolfram); Waste and Scrap in Switzerland
In 2022, the amount of tungsten (wolfram); waste and scraps imported into Switzerland surged to 3.5 tons, increasing by 2,721% compared with 2021 figures. In general, imports enjoyed a significant increase. 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 $83K in 2022. Overall, imports saw a significant expansion. 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 Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Italy | 1.1 | 81.9 | 7345.5% | ||
| Others | 1.0 | 0.6 | -40.0% | ||
| Total | 2.1 | 82.6 | 3833.3% | ||
Top Suppliers of Tungsten (Wolfram); Waste and Scrap to Switzerland in 2022:
- Italy (3.4 tons)
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