Ireland - Tungsten - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ireland - Tungsten - Market Analysis, Forecast, Size, Trends And Insights

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Tungsten Price in Ireland - 2023

Contents:

  1. Tungsten Price in Ireland (CIF) - 2022
  2. Tungsten Price in Ireland (FOB) - 2022
  3. Tungsten Imports in Ireland
  4. Tungsten Exports in Ireland

Tungsten Price in Ireland (CIF) - 2022

The average tungsten import price stood at $40,944 per ton in 2022, leveling off at the previous year. In general, the import price continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 114% against the previous year. The import price peaked at $112,460 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($100,846 per ton), while the price for the United States amounted to $16,346 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.5%).

Tungsten Price in Ireland (FOB) - 2022

In 2022, the average tungsten export price amounted to $12,086 per ton, dropping by -80.9% against the previous year. Over the period under review, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2021 an increase of 384% against the previous year. As a result, the export price attained the peak level of $63,156 per ton, and then fell markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Portugal.

From 2016 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to 0.0% per year.

Tungsten Imports in Ireland

In 2022, overseas purchases of tungsten decreased by 0% to 2.5 tons, falling for the second year in a row after two years of growth. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 416% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, tungsten imports stood at $102K in 2022. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 139% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Tungsten in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3.41.6N/A72.0176.7%
United States0.111.8N/A28.8560.4%
Others2.1N/AN/A0.7-30.7%
Total5.613.4N/A102163.1%

Top Suppliers of Tungsten to Ireland in 2022:

  1. United States (1759.0 kg)
  2. United Kingdom (714.0 kg)

Tungsten Exports in Ireland

Tungsten exports from Ireland soared to 475 kg in 2022, with an increase of 428% on the previous year. Over the period under review, exports, however, recorded a precipitous setback.

In value terms, tungsten exports stood at $5.7K in 2022. Overall, exports, however, recorded a dramatic decrease.

Export of Tungsten in Ireland (Million USD)
COUNTRY202020212022CAGR,
2020-2022
PortugalN/AN/AN/A0%
Taiwan (Chinese)2.3N/AN/A0%
Others0.2N/AN/A0%
Total2.5N/AN/A0%

Top Export Markets for Tungsten from Ireland in 2022:

  1. Portugal (474.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tungsten market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Ireland
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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