Salts; Tungstates (Wolframates) Price in Chile - 2023

Contents:

  1. Salts; Tungstates (Wolframates) Price in Chile (CIF) - 2022
  2. Salts; Tungstates (Wolframates) Imports in Chile

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

In 2022, the average salts; tungstates (wolframates) import price amounted to $285,520 per ton, shrinking by -25.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 85%. As a result, import price reached the peak level of $546,923 per ton. From 2014 to 2022, the average 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 Germany ($428,600 per ton), while the price for Australia totaled $270,982 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.5%).

Salts; Tungstates (Wolframates) Imports in Chile

In 2022, the amount of salts; tungstates (wolframates) imported into Chile rose modestly to 31 kg, with an increase of 3.3% against the previous year. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 329% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, salts; tungstates (wolframates) imports declined rapidly to $8.7K in 2022. Over the period under review, imports recorded a mild increase. The most prominent rate of growth was recorded in 2021 with an increase of 522%. As a result, imports reached the peak of $12K, and then fell remarkably in the following year.

Import of Salts; Tungstates (Wolframates) in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia7.3N/A8.27.71.8%
Germany0.81.52.40.7-4.4%
Others0.20.30.90.314.5%
Total8.31.911.58.71.6%

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

  1. Australia (28.0 kg)
  2. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform

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