Salts; Tungstates (Wolframates) Price in Finland - 2023
Contents:
- Salts; Tungstates (Wolframates) Price in Finland (CIF) - 2022
- Salts; Tungstates (Wolframates) Price in Finland (FOB) - 2022
- Salts; Tungstates (Wolframates) Imports in Finland
- Salts; Tungstates (Wolframates) Exports in Finland
Salts; Tungstates (Wolframates) Price in Finland (CIF) - 2022
In 2022, the average salts; tungstates (wolframates) import price amounted to $48,834 per ton, growing by 6% against the previous year. Overall, the import price posted a temperate expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 69% against the previous year. The import price peaked at $99,949 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 ($604,494 per ton), while the price for Austria stood at $46,489 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.7%), while the prices for the other major suppliers experienced a decline.
Salts; Tungstates (Wolframates) Price in Finland (FOB) - 2022
The average salts; tungstates (wolframates) export price stood at $41,647 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Salts; Tungstates (Wolframates) Imports in Finland
In 2022, purchases abroad of salts; tungstates (wolframates) decreased by -72.6% to 1.8 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a significant decrease. The pace of growth was the most pronounced in 2020 when imports increased by 61% against the previous year. As a result, imports attained the peak of 20 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, salts; tungstates (wolframates) imports reduced remarkably to $88K in 2022. In general, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 77% against the previous year. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Salts; Tungstates (Wolframates) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 672 | 1,165 | 297 | 83.3 | -50.1% |
| Others | 3.5 | 32.1 | 6.8 | 4.7 | 10.3% |
| Total | 676 | 1,198 | 303 | 88.0 | -49.3% |
Top Suppliers of Salts; Tungstates (Wolframates) to Finland in 2022:
- Austria (1793.0 kg)
Salts; Tungstates (Wolframates) Exports in Finland
In 2022, the amount of salts; tungstates (wolframates) exported from Finland shrank remarkably to 550 kg, with a decrease of -50% on the previous year. Over the period under review, exports saw a dramatic setback.
In value terms, salts; tungstates (wolframates) exports shrank sharply to $23K in 2022. Overall, exports recorded a precipitous decline.
| Export of Salts; Tungstates (Wolframates) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Netherlands | 45.8 | 22.9 | -50.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 45.8 | 22.9 | -50.0% | ||
Top Export Markets for Salts; Tungstates (Wolframates) from Finland in 2022:
- Netherlands (550.0 kg)
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