Salts; Tungstates (Wolframates) Price in Slovenia - 2023

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

The average salts; tungstates (wolframates) import price stood at $78,100 per ton in 2022, reducing by -33.6% against the previous year. In general, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of 87% against the previous year. Over the period under review, average import prices reached the peak figure at $219,333 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 Germany ($235,000 per ton), while the price for Italy stood at $73,160 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average salts; tungstates (wolframates) export price stood at $27,439 per ton in 2022, picking up by 19% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 108% against the previous year. The export price peaked at $31,778 per ton in 2019; however, from 2020 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 Croatia ($145,250 per ton), while the average price for exports to Bosnia and Herzegovina ($14,471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+18.8%), while the prices for the other major destinations experienced mixed trend patterns.

Salts; Tungstates (Wolframates) Imports in Slovenia

Salts; tungstates (wolframates) imports into Slovenia surged to 180 kg in 2022, rising by 112% against 2021 figures. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 2,214%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, salts; tungstates (wolframates) imports soared to $14K in 2022. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 962% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Salts; Tungstates (Wolframates) in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	N/A	8.7	2.9	12.8	21.3%
Germany	0.1	1.2	6.6	0.9	108.0%
Belgium	0.6	0.2	0.4	0.3	-20.6%
Others	0.3	0.1	N/A	N/A	-66.7%
Total	1.0	10.2	10.0	14.1	141.6%

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

Italy (175.0 kg)
Germany (4.0 kg)
Belgium (1.0 kg)

Salts; Tungstates (Wolframates) Exports in Slovenia

For the fourth consecutive year, Slovenia recorded growth in overseas shipments of salts; tungstates (wolframates), which increased by 1,117% to 633 kg in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, salts; tungstates (wolframates) exports skyrocketed to $17K in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Salts; Tungstates (Wolframates) in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	N/A	N/A	N/A	16.3	0%
Croatia	0.2	N/A	0.9	0.6	44.2%
Serbia	0.1	N/A	0.1	0.2	26.0%
Bosnia and Herzegovina	N/A	0.5	0.2	0.2	-36.8%
Singapore	N/A	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	0.3	0.5	1.2	17.4	287.1%