Salts; Tungstates (Wolframates) Price in Argentina - 2023
Contents:
- Salts; Tungstates (Wolframates) Price in Argentina (CIF) - 2022
- Salts; Tungstates (Wolframates) Imports in Argentina
Salts; Tungstates (Wolframates) Price in Argentina (CIF) - 2022
In 2022, the average salts; tungstates (wolframates) import price amounted to $35,461 per ton, increasing by 36% against the previous year. In general, the import price, however, continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 37%. The import price peaked at $44,549 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 China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.6% per year.
Salts; Tungstates (Wolframates) Imports in Argentina
In 2022, the amount of salts; tungstates (wolframates) imported into Argentina skyrocketed to 75 tons, growing by 40% compared with the previous year. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 434% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, salts; tungstates (wolframates) imports surged to $2.7M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 519%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Salts; Tungstates (Wolframates) in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.0 | 0.2 | 1.4 | 2.7 | 39.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.0 | 0.2 | 1.4 | 2.7 | 39.2% |
Top Suppliers of Salts; Tungstates (Wolframates) to Argentina in 2022:
- China (74.8 tons)
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