Slovakia - Tungsten - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTungsten Price in Slovakia - 2023
Contents:
- Tungsten Price in Slovakia (CIF) - 2022
- Tungsten Price in Slovakia (FOB) - 2022
- Tungsten Imports in Slovakia
- Tungsten Exports in Slovakia
Tungsten Price in Slovakia (CIF) - 2022
In 2022, the average tungsten import price amounted to $116,939 per ton, stabilizing at the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tungsten import price increased by +7.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 48%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($127,958 per ton), while the price for Austria ($116,558 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Tungsten Price in Slovakia (FOB) - 2022
The average tungsten export price stood at $74,385 per ton in 2022, standing approx. at the previous year. Overall, the export price recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 a decrease of 99.9%. The export price peaked at $623,091 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($101,889 per ton), while the average price for exports to Poland ($5,333 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Tungsten Imports in Slovakia
In 2022, purchases abroad of tungsten was finally on the rise to reach 735 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a noticeable curtailment.
In value terms, tungsten imports soared to $86K in 2022. Over the period under review, imports, however, continue to indicate a pronounced downturn.
| Import of Tungsten in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 46.8 | 19.2 | 16.2 | 80.9 | 20.0% |
| Germany | 10.6 | 19.5 | 19.0 | 3.1 | -33.6% |
| France | 27.6 | 42.2 | 16.8 | 2.0 | -58.3% |
| United States | N/A | N/A | 5.5 | N/A | 0% |
| Czech Republic | 6.8 | N/A | 2.4 | N/A | -40.6% |
| Others | 1.2 | 0.1 | 3.6 | N/A | 73.2% |
| Total | 92.9 | 81.0 | 63.5 | 86.0 | -2.5% |
Top Suppliers of Tungsten to Slovakia in 2022:
- Austria (694.0 kg)
- Germany (24.0 kg)
- France (17.0 kg)
Tungsten Exports in Slovakia
In 2022, tungsten exports from Slovakia stood at 13 kg, remaining relatively unchanged against the year before. Over the period under review, exports continue to indicate a sharp descent. The smallest decline of 99.9% was in 2021.
In value terms, tungsten exports stood at $967 in 2022. Overall, exports showed a notable increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Tungsten in Slovakia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Ukraine | N/A | N/A | 917 | 0% | |
| Uruguay | N/A | N/A | 34.0 | 0% | |
| Poland | N/A | N/A | 16.0 | 0% | |
| Serbia | 898 | N/A | N/A | 0% | |
| Netherlands | 12.0 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 910 | N/A | 967 | 3.1% | |
Top Export Markets for Tungsten from Slovakia in 2022:
- Ukraine (9.0 kg)
- Poland (3.0 kg)
- Uruguay (1.0 kg)
This report provides an in-depth analysis of the tungsten market in Slovakia. 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:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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