Salts; Tungstates (Wolframates) Price in Germany - 2023
Contents:
- Salts; Tungstates (Wolframates) Price in Germany (CIF) - 2022
- Salts; Tungstates (Wolframates) Imports in Germany
Salts; Tungstates (Wolframates) Price in Germany (CIF) - 2022
The average salts; tungstates (wolframates) import price stood at $38,101 per ton in 2022, growing by 22% against the previous year. In general, the import price showed a noticeable expansion. The most prominent rate of growth was recorded in 2021 an increase of 57% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
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 Japan ($75,592 per ton), while the price for the UK ($23,656 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Salts; Tungstates (Wolframates) Imports in Germany
For the third year in a row, Germany recorded decline in supplies from abroad of salts; tungstates (wolframates), which decreased by -48.3% to 29 tons in 2022. In general, imports showed a dramatic shrinkage.
In value terms, salts; tungstates (wolframates) imports declined sharply to $1.1M in 2022. Overall, imports faced a dramatic decline.
| Import of Salts; Tungstates (Wolframates) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 0.6 | 0.9 | 0.4 | 0.7 | 5.3% |
| Netherlands | 0.8 | 0.9 | 0.1 | 0.1 | -50.0% |
| Italy | N/A | N/A | N/A | 0.1 | 0% |
| Japan | N/A | N/A | N/A | 0.1 | 0% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| China | 7.0 | N/A | N/A | N/A | 0% |
| Vietnam | 18.6 | 2.9 | N/A | N/A | -84.4% |
| United Kingdom | 8.1 | 3.3 | N/A | N/A | -59.3% |
| India | N/A | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | 1.1 | N/A | 134.5% |
| Total | 35.4 | 8.1 | 1.7 | 1.1 | -68.6% |
Top Suppliers of Salts; Tungstates (Wolframates) to Germany in 2022:
- Hong Kong SAR (20.0 tons)
- Netherlands (2.5 tons)
- Italy (1.9 tons)
- Belgium (1.2 tons)
- United Kingdom (1.0 tons)
- Japan (0.8 tons)
- India (0.6 tons)
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