Tungsten (Wolfram); Wire Price in Bolivia - 2022
Contents:
Tungsten (Wolfram); Wire Price in Bolivia (CIF) - 2022
In 2022, the average tungsten (wolfram); wire import price amounted to $38,468 per ton, jumping by 42% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 6,941% against the previous year. As a result, import price reached the peak level of $230,691 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
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 ($38,368 per ton), while the price for China totaled $3,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Imports in Bolivia
In 2022, approx. 20 kg of tungsten (wolfram); wires were imported into Bolivia; falling by -16.7% compared with the previous year's figure. Overall, total imports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year. As a result, imports reached the peak of 24 kg, and then reduced markedly in the following year.
In value terms, tungsten (wolfram); wire imports surged to $732 in 2022. In general, imports recorded a deep setback.
Import of Tungsten (Wolfram); Wire in Bolivia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | 45.0 | 437 | 729 | 302.5% |
China | 803 | 420 | N/A | 3.0 | -84.5% |
South Korea | N/A | 174 | 66.0 | N/A | -62.1% |
Canada | 65.0 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 94.0 | N/A | 0% |
Total | 868 | 639 | 597 | 732 | -5.5% |
Top Suppliers of Tungsten (Wolfram); Wire to Bolivia in 2022:
- United States (19.0 kg)
- China (1.0 kg)
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