Salts; Tungstates (Wolframates) Price in Sweden - 2023

Contents:

1. Salts; Tungstates (Wolframates) Price in Sweden (CIF) - 2022
2. Salts; Tungstates (Wolframates) Price in Sweden (FOB) - 2022
3. Salts; Tungstates (Wolframates) Imports in Sweden
4. Salts; Tungstates (Wolframates) Exports in Sweden

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

The average salts; tungstates (wolframates) import price stood at $230,500 per ton in 2022, surging by 3% against the previous year. Overall, the import price continues to indicate a strong increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 389%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady 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 the United States ($537,947 per ton), while the price for Germany ($197,687 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+44.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average salts; tungstates (wolframates) export price stood at $45,382 per ton in 2022, surging by 63% against the previous year. Overall, the export price continues to indicate a tangible expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($45,604 per ton), while the average price for exports to Norway ($13,532 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 Finland (+0.0%).

Salts; Tungstates (Wolframates) Imports in Sweden

In 2022, the amount of salts; tungstates (wolframates) imported into Sweden shrank slightly to 20 kg, falling by -4.8% on 2021 figures. Overall, imports saw a precipitous decline.

In value terms, salts; tungstates (wolframates) imports contracted slightly to $4.6K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. As a result, imports attained the peak of $4.7K, and then reduced in the following year.

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

1. Germany (16.0 kg)
2. Belgium (3.0 kg)
3. United States (1.0 kg)

Salts; Tungstates (Wolframates) Exports in Sweden

In 2022, after two years of decline, there was significant growth in shipments abroad of salts; tungstates (wolframates), when their volume increased by 97% to 77 kg. Overall, exports, however, faced a abrupt slump.

In value terms, salts; tungstates (wolframates) exports soared to $3.5K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Salts; Tungstates (Wolframates) from Sweden in 2022:

1. United States (58.0 kg)
2. Finland (14.0 kg)
3. Norway (5.0 kg)

Source: IndexBox Market Intelligence Platform