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

Contents:

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

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

The average export price for tungsten (wolfram); waste and scraps stood at $26,585 per ton in July 2023, with a decrease of -53.9% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 51% against the previous month. The export price peaked at $57,621 per ton in June 2023, and then declined significantly in the following month.

Average prices varied noticeably for the major export markets. In July 2023, the highest price was recorded for prices to Ireland ($32,310 per ton) and Belgium ($32,295 per ton), while the average price for exports to Germany ($25,985 per ton) and France ($32,215 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tungsten (Wolfram); Waste and Scrap in the Netherlands (CIF) - 2023

The average import price for tungsten (wolfram); waste and scraps stood at $21,133 per ton in July 2023, falling by -21.1% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 28% against the previous month. As a result, import price reached the peak level of $28,404 per ton. From June 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($26,106 per ton), while the price for the UK ($14,931 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tungsten (Wolfram); Waste and Scrap in the Netherlands

In 2022, exports of tungsten (wolfram); waste and scraps from the Netherlands skyrocketed to 1.1K tons, jumping by 91% against 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 207%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, tungsten (wolfram); waste and scrap exports skyrocketed to $30M in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 344%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Tungsten (Wolfram); Waste and Scrap in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.11.16.515.2433.7%
IrelandN/A0.52.88.6314.7%
FranceN/A0.2N/A1.7191.5%
Belgium0.60.61.31.638.7%
United StatesN/AN/AN/A1.10%
Others0.32.01.21.363.0%
Total1.04.411.729.5209.0%

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

  1. Germany (605.3 tons)
  2. Ireland (350.9 tons)
  3. Belgium (57.5 tons)
  4. France (38.2 tons)
  5. United States (32.5 tons)

Imports of Tungsten (Wolfram); Waste and Scrap in the Netherlands

In 2022, tungsten (wolfram); waste and scrap imports into the Netherlands soared to 898 tons, surging by 100% against the previous year's figure. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 134%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, tungsten (wolfram); waste and scrap imports soared to $21M in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 209%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Tungsten (Wolfram); Waste and Scrap in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/A4412,3717,502312.4%
United Kingdom1.00.22,7055,9631713.4%
China46.6N/A1,3603,418318.6%
JapanN/AN/A3881,343246.1%
RussiaN/A236N/A80384.5%
Ireland95.419323554578.8%
United StatesN/AN/A203135-33.5%
SingaporeN/AN/A515111-78.4%
CanadaN/A46218799.6-53.6%
Germany46419022721.8-63.9%
Pakistan619N/AN/AN/A0%
Others1272,65225864672.0%
Total1,3534,1748,44920,587147.8%

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

  1. South Korea (337.0 tons)
  2. United Kingdom (227.2 tons)
  3. China (167.3 tons)
  4. Japan (55.4 tons)
  5. Russia (35.9 tons)
  6. Ireland (19.1 tons)
  7. United States (12.2 tons)
  8. Canada (5.6 tons)
  9. Singapore (4.4 tons)
  10. Germany (1.1 tons)

Source: IndexBox Market Intelligence Platform

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