Tungsten (Wolfram); Wire Price in Colombia - 2022
Contents:
- Tungsten (Wolfram); Wire Price in Colombia (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Colombia (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Colombia
- Tungsten (Wolfram); Wire Exports in Colombia
Tungsten (Wolfram); Wire Price in Colombia (CIF) - 2022
In 2022, the average tungsten (wolfram); wire import price amounted to $93,331 per ton, surging by 3.1% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the average import price increased by 31%. Over the period under review, average import prices reached the maximum at $94,221 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($193,491 per ton), while the price for Japan ($15,900 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Price in Colombia (FOB) - 2022
In 2022, the average tungsten (wolfram); wire export price amounted to $91,250 per ton, reducing by -18.7% against the previous year. Over the period under review, the export price showed a noticeable decrease. The growth pace was the most rapid in 2017 an increase of 192% against the previous year. The export price peaked at $220,667 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Aruba.
From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to -4.8% per year.
Tungsten (Wolfram); Wire Imports in Colombia
In 2022, purchases abroad of tungsten (wolfram); wires increased by 24% to 178 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a sharp contraction.
In value terms, tungsten (wolfram); wire imports soared to $17K in 2022. In general, imports, however, saw a sharp downturn.
| Import of Tungsten (Wolfram); Wire in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 9.1 | 5.8 | 4.3 | 5.0 | -18.1% |
| Brazil | 15.3 | 8.7 | 4.2 | 4.8 | -32.1% |
| China | 2.9 | 0.7 | 2.4 | 2.8 | -1.2% |
| United Kingdom | 1.2 | 0.9 | N/A | 0.9 | -9.1% |
| Belgium | 1.2 | 1.7 | 0.8 | 0.9 | -9.1% |
| Italy | 1.1 | 0.4 | 0.3 | 0.5 | -23.1% |
| Japan | 0.2 | N/A | N/A | N/A | 0% |
| Netherlands | 1.7 | N/A | N/A | N/A | 0% |
| Others | 3.3 | 2.0 | 0.9 | 1.6 | -21.4% |
| Total | 36.2 | 20.3 | 13.0 | 16.6 | -22.9% |
Top Suppliers of Tungsten (Wolfram); Wire to Colombia in 2022:
- China (56.0 kg)
- Sweden (44.0 kg)
- Brazil (32.0 kg)
- Belgium (22.0 kg)
- United Kingdom (11.0 kg)
- Italy (3.0 kg)
- Japan (3.0 kg)
Tungsten (Wolfram); Wire Exports in Colombia
In 2022, the amount of tungsten (wolfram); wires exported from Colombia soared to 8 kg, increasing by 60% against the previous year. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 skyrocketed to $730 in 2022. Overall, exports recorded a relatively flat trend pattern.
| Export of Tungsten (Wolfram); Wire in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | 722 | 27.0 | 561 | 730 | 0.4% |
| Ecuador | N/A | 871 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 722 | 898 | 561 | 730 | 0.4% |
Top Export Markets for Tungsten (Wolfram); Wire from Colombia in 2022:
- Aruba (8.0 kg)
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