Salts; Tungstates (Wolframates) Price in Brazil - 2023

Contents:

  1. Salts; Tungstates (Wolframates) Price in Brazil (CIF) - 2022
  2. Salts; Tungstates (Wolframates) Price in Brazil (FOB) - 2022
  3. Salts; Tungstates (Wolframates) Imports in Brazil
  4. Salts; Tungstates (Wolframates) Exports in Brazil

Salts; Tungstates (Wolframates) Price in Brazil (CIF) - 2022

In 2022, the average salts; tungstates (wolframates) import price amounted to $37,926 per ton, growing by 25% against the previous year. Overall, the import price, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2013 when the average import price increased by 39%. As a result, import price reached the peak level of $74,974 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($40,002 per ton), while the price for Germany stood at $37,383 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced a decline.

Salts; Tungstates (Wolframates) Price in Brazil (FOB) - 2022

The average salts; tungstates (wolframates) export price stood at $6,417 per ton in 2022, approximately equating the previous year. Overall, the export price faced a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 35%. The export price peaked at $35,816 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($13,436 per ton), while the average price for exports to Colombia totaled $1,828 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-9.3%).

Salts; Tungstates (Wolframates) Imports in Brazil

In 2022, imports of salts; tungstates (wolframates) into Brazil contracted sharply to 27 tons, declining by -24.6% against 2021. Over the period under review, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 152%. As a result, imports reached the peak of 36 tons, and then reduced remarkably in the following year.

In value terms, salts; tungstates (wolframates) imports dropped to $1M in 2022. Overall, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 161% against the previous year. As a result, imports attained the peak of $1.1M, and then shrank in the following year.

Import of Salts; Tungstates (Wolframates) in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6803921,05797312.7%
China5.93.121.140.089.3%
Others44.127.422.125.6-16.6%
Total7304221,1001,03912.5%

Top Suppliers of Salts; Tungstates (Wolframates) to Brazil in 2022:

  1. Germany (26.0 tons)
  2. China (1.0 tons)

Salts; Tungstates (Wolframates) Exports in Brazil

Salts; tungstates (wolframates) exports from Brazil totaled 8 kg in 2022, remaining constant against the year before. Over the period under review, exports recorded a sharp contraction. The smallest decline of 99.9% was in 2021.

In value terms, salts; tungstates (wolframates) exports totaled $50 in 2022. In general, exports saw a significant decline. The smallest decline of 99.9% was in 2021.

Export of Salts; Tungstates (Wolframates) in Brazil (USD)
COUNTRY202020212022CAGR,
2020-2022
Peru73.0N/A41.0-25.1%
Colombia26.0N/A9.0-41.2%
France1.0N/AN/A0%
OthersN/AN/AN/A0%
Total100N/A50.0-29.3%

Top Export Markets for Salts; Tungstates (Wolframates) from Brazil in 2022:

  1. Colombia (5.0 kg)
  2. Peru (3.0 kg)

Source: IndexBox Market Intelligence Platform

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