Tungsten (Wolfram); Wire Price in Chile - 2023
Contents:
Tungsten (Wolfram); Wire Price in Chile (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $19,880 per ton in 2022, dropping by -8.3% against the previous year. Overall, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2014 an increase of 114%. Over the period under review, average import prices attained the maximum at $127,701 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($20,302 per ton), while the price for Peru stood at $4,030 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-11.9%).
Tungsten (Wolfram); Wire Imports in Chile
For the fourth year in a row, Chile recorded growth in purchases abroad of tungsten (wolfram); wires, which increased by 34% to 37 tons in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 5,903%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, tungsten (wolfram); wire imports skyrocketed to $742K in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 2,231% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Tungsten (Wolfram); Wire in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.3 | 386 | 563 | 729 | 344.5% |
| Peru | N/A | N/A | 12.5 | 5.6 | -55.2% |
| Others | 9.3 | 24.2 | 30.7 | 7.8 | -5.7% |
| Total | 17.6 | 410 | 606 | 742 | 248.0% |
Top Suppliers of Tungsten (Wolfram); Wire to Chile in 2022:
- China (35.9 tons)
- Peru (1.4 tons)
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