Salts; Tungstates (Wolframates) Price in Pakistan - 2022
Contents:
- Salts; Tungstates (Wolframates) Price in Pakistan (CIF) - 2022
- Salts; Tungstates (Wolframates) Imports in Pakistan
Salts; Tungstates (Wolframates) Price in Pakistan (CIF) - 2022
In 2022, the average salts; tungstates (wolframates) import price amounted to $9,074 per ton, reducing by -11% against the previous year. Overall, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41% against the previous year. The import price peaked at $31,735 per ton in 2012; however, from 2013 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 South Korea ($34,248 per ton), while the price for Germany ($1,694 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.5%), while the prices for the other major suppliers experienced a decline.
Salts; Tungstates (Wolframates) Imports in Pakistan
In 2022, approx. 162 kg of salts; tungstates (wolframates) were imported into Pakistan; rising by 363% on 2021 figures. In general, imports, however, continue to indicate a precipitous descent.
In value terms, salts; tungstates (wolframates) imports soared to $1.5K in 2022. Over the period under review, imports, however, continue to indicate a precipitous descent.
Import of Salts; Tungstates (Wolframates) in Pakistan (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,657 | 2,119 | 282 | 1,134 | -24.7% |
United Kingdom | 170 | 12.0 | 36.0 | 181 | 2.1% |
South Korea | 23.0 | 87.0 | 24.0 | 122 | 74.4% |
Germany | 49.0 | 42.0 | 7.0 | 33.0 | -12.3% |
Denmark | N/A | 39.0 | N/A | N/A | 0% |
Canada | N/A | 285 | 8.0 | N/A | -97.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2,899 | 2,584 | 357 | 1,470 | -20.3% |
Top Suppliers of Salts; Tungstates (Wolframates) to Pakistan in 2022:
- China (89.0 kg)
- United Kingdom (50.0 kg)
- Germany (20.0 kg)
- South Korea (4.0 kg)
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