Tungsten (Wolfram); Wire Price in Canada - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Canada (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Canada (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Canada
- Tungsten (Wolfram); Wire Exports in Canada
Tungsten (Wolfram); Wire Price in Canada (CIF) - 2022
In 2022, the average tungsten (wolfram); wire import price amounted to $46,250 per ton, picking up by 7.6% against the previous year. In general, the import price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 13% against the previous year. Over the period under review, average import prices reached the maximum at $55,946 per ton in 2012; however, from 2013 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 United States ($58,012 per ton), while the price for Taiwan (Chinese) ($26,926 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.3%), while the prices for the other major suppliers experienced a decline.
Tungsten (Wolfram); Wire Price in Canada (FOB) - 2022
In 2022, the average tungsten (wolfram); wire export price amounted to $163,716 per ton, surging by 201% against the previous year. In general, the export price posted a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($185,197 per ton), while the average price for exports to the United States ($31,755 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 Honduras (+39.7%).
Tungsten (Wolfram); Wire Imports in Canada
In 2022, imports of tungsten (wolfram); wires into Canada soared to 24 tons, picking up by 70% on 2021 figures. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 109%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, tungsten (wolfram); wire imports skyrocketed to $1.1M in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 118%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Tungsten (Wolfram); Wire in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 235 | 165 | 417 | 937 | 58.6% |
| United States | 27.3 | 26.5 | 105 | 118 | 62.9% |
| Japan | 0.5 | 3.9 | 15.3 | 19.5 | 239.1% |
| Hungary | 56.2 | 34.4 | 34.8 | 9.8 | -44.1% |
| Switzerland | 30.8 | 13.8 | 9.1 | 5.1 | -45.1% |
| Others | 7.5 | 31.3 | 17.1 | 8.9 | 5.9% |
| Total | 357 | 275 | 599 | 1,098 | 45.4% |
Top Suppliers of Tungsten (Wolfram); Wire to Canada in 2022:
- China (20.8 tons)
- United States (2.0 tons)
- Japan (0.4 tons)
- Hungary (0.2 tons)
- Switzerland (0.1 tons)
Tungsten (Wolfram); Wire Exports in Canada
Tungsten (wolfram); wire exports from Canada soared to 2.1 tons in 2022, with an increase of 824% against 2021. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, tungsten (wolfram); wire exports soared to $348K in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tungsten (Wolfram); Wire in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | N/A | N/A | 1.9 | 322 | 16847.4% |
| Costa Rica | N/A | N/A | N/A | 16.9 | 0% |
| United States | 4.5 | 2.3 | 3.9 | 8.6 | 24.1% |
| China | 4.3 | N/A | 6.4 | N/A | 22.0% |
| Others | 3.5 | 0.3 | 0.3 | 0.2 | -61.5% |
| Total | 12.3 | 2.6 | 12.5 | 348 | 204.7% |
Top Export Markets for Tungsten (Wolfram); Wire from Canada in 2022:
- Honduras (1760.0 kg)
- United States (272.0 kg)
- Costa Rica (91.0 kg)
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