Price for Tungsten (Wolfram); Waste and Scrap in Thailand - 2023
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in Thailand (FOB) - 2022
- Price for Tungsten (Wolfram); Waste and Scrap in Thailand (CIF) - 2022
- Exports of Tungsten (Wolfram); Waste and Scrap in Thailand
- Imports of Tungsten (Wolfram); Waste and Scrap in Thailand
Price for Tungsten (Wolfram); Waste and Scrap in Thailand (FOB) - 2022
The average export price for tungsten (wolfram); waste and scraps stood at $16,779 per ton in 2022, with a decrease of -7.6% against the previous year. In general, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2017 an increase of 46%. Over the period under review, the average export prices attained the peak figure at $26,339 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($28,796 per ton), while the average price for exports to Japan ($9,098 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 Taiwan (Chinese) (+33.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Tungsten (Wolfram); Waste and Scrap in Thailand (CIF) - 2022
The average import price for tungsten (wolfram); waste and scraps stood at $1,926 per ton in 2022, shrinking by -73.9% against the previous year. In general, the import price recorded a dramatic contraction. The pace of growth was the most pronounced in 2016 an increase of 140% against the previous year. Over the period under review, average import prices reached the peak figure at $22,000 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($8,004 per ton), while the price for Indonesia ($1,516 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.9%), while the prices for the other major suppliers experienced a decline.
Exports of Tungsten (Wolfram); Waste and Scrap in Thailand
In 2022, shipments abroad of tungsten (wolfram); waste and scraps was finally on the rise to reach 551 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, tungsten (wolfram); waste and scrap exports skyrocketed to $9.2M in 2022. In general, exports showed a significant increase. 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 Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.8 | 0.9 | 2.3 | 4.3 | 33.7% |
Japan | 1.3 | 0.3 | 0.2 | 2.7 | 27.6% |
Belgium | 0.2 | 0.5 | 1.0 | 1.5 | 95.7% |
Taiwan (Chinese) | N/A | 0.6 | N/A | 0.6 | 0.0% |
United States | 0.9 | 1.2 | N/A | N/A | 33.3% |
Others | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
Total | 4.3 | 3.4 | 3.7 | 9.2 | 28.9% |
Top Export Markets for Tungsten (Wolfram); Waste and Scrap from Thailand in 2022:
- Japan (293.8 tons)
- Germany (169.3 tons)
- Belgium (53.2 tons)
- Taiwan (Chinese) (29.2 tons)
Imports of Tungsten (Wolfram); Waste and Scrap in Thailand
After two years of decline, supplies from abroad of tungsten (wolfram); waste and scraps increased by 260% to 42 tons in 2022. In general, imports, however, continue to indicate a significant contraction.
In value terms, tungsten (wolfram); waste and scrap imports contracted to $82K in 2022. Overall, imports, however, saw a dramatic curtailment.
Import of Tungsten (Wolfram); Waste and Scrap in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 202 | 31.6 | N/A | 58.6 | -33.8% |
Japan | 168 | 317 | 86.9 | 11.8 | -58.7% |
India | 330 | 81.2 | N/A | 9.7 | -69.1% |
Indonesia | 371 | 77.6 | N/A | 1.5 | -84.1% |
Switzerland | N/A | 138 | N/A | N/A | 0% |
Turkey | 1,630 | 163 | N/A | N/A | -90.0% |
Others | 9.1 | 21.5 | N/A | N/A | 136.3% |
Total | 2,709 | 830 | 86.9 | 81.7 | -68.9% |
Top Suppliers of Tungsten (Wolfram); Waste and Scrap to Thailand in 2022:
- Singapore (38.6 tons)
- Japan (1.6 tons)
- India (1.2 tons)
- Indonesia (1.0 tons)
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