Tungsten (Wolfram); Wire Price in Belgium - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Belgium (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Belgium (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Belgium
- Tungsten (Wolfram); Wire Exports in Belgium
Tungsten (Wolfram); Wire Price in Belgium (CIF) - 2022
In 2022, the average tungsten (wolfram); wire import price amounted to $369,908 per ton, increasing by 84% against the previous year. Over the period under review, the import price saw a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Japan ($602,011 per ton), while the price for Vietnam ($15,697 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Price in Belgium (FOB) - 2022
The average tungsten (wolfram); wire export price stood at $232,395 per ton in 2022, surging by 155% against the previous year. Overall, the export price showed a buoyant increase. As a result, the export price reached 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 Germany ($648,406 per ton), while the average price for exports to Tunisia ($2,344 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 Germany (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.
Tungsten (Wolfram); Wire Imports in Belgium
In 2022, supplies from abroad of tungsten (wolfram); wires decreased by -80.4% to 1.1 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a sharp contraction. The pace of growth was the most pronounced in 2020 when imports increased by 33%. As a result, imports reached the peak of 6.3 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, tungsten (wolfram); wire imports fell dramatically to $418K in 2022. In general, imports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2020 when imports increased by 45%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Tungsten (Wolfram); Wire in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 256 | 274 | 299 | 173 | -12.2% |
| Czech Republic | 238 | 443 | 145 | 131 | -18.0% |
| China | 155 | 198 | 398 | 56.6 | -28.5% |
| Netherlands | 0.6 | 1.0 | 2.6 | 9.8 | 153.7% |
| Germany | 209 | 374 | 281 | 6.0 | -69.4% |
| Switzerland | N/A | N/A | 0.1 | 2.3 | 2200.0% |
| Vietnam | N/A | N/A | N/A | 0.4 | 0% |
| Others | 43.5 | 17.7 | 33.2 | 39.5 | -3.2% |
| Total | 902 | 1,308 | 1,159 | 418 | -22.6% |
Top Suppliers of Tungsten (Wolfram); Wire to Belgium in 2022:
- China (310.0 kg)
- Czech Republic (306.0 kg)
- Japan (287.0 kg)
- Netherlands (109.0 kg)
- Switzerland (42.0 kg)
- Germany (30.0 kg)
- Vietnam (25.0 kg)
Tungsten (Wolfram); Wire Exports in Belgium
In 2022, shipments abroad of tungsten (wolfram); wires decreased by -95.1% to 81 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 89%. As a result, the exports reached the peak of 12 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, tungsten (wolfram); wire exports reduced remarkably to $19K in 2022. In general, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2020 with an increase of 160%. As a result, the exports reached the peak of $1.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Tungsten (Wolfram); Wire in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.1 | 55.6 | 4.8 | 7.9 | 36.6% |
| United Kingdom | 6.4 | 94.0 | 13.2 | 3.8 | -16.0% |
| United States | 264 | 456 | 33.1 | 3.7 | -75.9% |
| Poland | 0.8 | 18.6 | 0.6 | 2.6 | 48.1% |
| Norway | 5.7 | 13.6 | 1.1 | 0.4 | -58.8% |
| Japan | 30.6 | 16.7 | 0.6 | N/A | -86.0% |
| Tunisia | N/A | N/A | N/A | N/A | 0% |
| Serbia | 1.5 | 4.4 | N/A | N/A | 193.3% |
| Egypt | 2.0 | 3.0 | 52.9 | N/A | 414.3% |
| Mexico | 21.2 | 25.5 | N/A | N/A | 20.3% |
| Others | 119 | 492 | 45.2 | 0.5 | -83.9% |
| Total | 455 | 1,180 | 152 | 18.8 | -65.4% |
Top Export Markets for Tungsten (Wolfram); Wire from Belgium in 2022:
- United States (21.0 kg)
- Tunisia (13.0 kg)
- Norway (13.0 kg)
- Germany (12.0 kg)
- United Kingdom (11.0 kg)
- Poland (9.0 kg)
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