Tungsten (Wolfram); Wire Price in Finland - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Finland (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Finland (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Finland
- Tungsten (Wolfram); Wire Exports in Finland
Tungsten (Wolfram); Wire Price in Finland (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $283,817 per ton in 2022, rising by 53% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tungsten (wolfram); wire import price decreased by -7.0% against 2020 indices. Over the period under review, average import prices reached the peak figure at $305,320 per ton in 2020; however, from 2021 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 the UK ($1,947,748 per ton), while the price for Lithuania ($35,940 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Price in Finland (FOB) - 2022
The average tungsten (wolfram); wire export price stood at $191,000 per ton in 2022, which is down by -55.1% against the previous year. Over the period under review, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 981%. The export price peaked at $425,000 per ton in 2021, and then declined remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($210,073 per ton), while the average price for exports to the United States amounted to $18,997 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+8,341.9%), while the prices for the other major destinations experienced more modest paces of growth.
Tungsten (Wolfram); Wire Imports in Finland
In 2022, overseas purchases of tungsten (wolfram); wires were finally on the rise to reach 650 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt downturn.
In value terms, tungsten (wolfram); wire imports skyrocketed to $184K in 2022. In general, imports, however, faced a abrupt decline.
| Import of Tungsten (Wolfram); Wire in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 231 | 143 | 93.4 | 152 | -13.0% |
| Netherlands | 2.5 | 5.0 | 5.1 | 14.3 | 78.8% |
| United Kingdom | 66.6 | 40.7 | 3.3 | 12.3 | -43.1% |
| Hong Kong SAR | N/A | N/A | N/A | 4.1 | 0% |
| China | 0.7 | N/A | 8.3 | 0.8 | 4.6% |
| Lithuania | N/A | 0.2 | 0.1 | 0.4 | 41.4% |
| Japan | 0.1 | N/A | 1.4 | N/A | 274.2% |
| Estonia | N/A | 2.3 | N/A | N/A | 0% |
| Others | 10.4 | 3.8 | 4.4 | 0.9 | -55.8% |
| Total | 311 | 195 | 116 | 184 | -16.1% |
Top Suppliers of Tungsten (Wolfram); Wire to Finland in 2022:
- India (513.0 kg)
- Netherlands (59.0 kg)
- Hong Kong SAR (43.0 kg)
- China (17.0 kg)
- Lithuania (10.0 kg)
- United Kingdom (6.0 kg)
Tungsten (Wolfram); Wire Exports in Finland
In 2022, approx. 3 kg of tungsten (wolfram); wires were exported from Finland; surging by 200% against the year before. Overall, exports, however, faced a significant curtailment.
In value terms, tungsten (wolfram); wire exports skyrocketed to $573 in 2022. Over the period under review, exports, however, showed a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 937% against the previous year.
| Export of Tungsten (Wolfram); Wire in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | N/A | N/A | N/A | 0.6 | 0% |
| China | 3.8 | N/A | N/A | N/A | 0% |
| Sweden | N/A | N/A | 0.4 | N/A | 0% |
| Indonesia | 10.8 | N/A | N/A | N/A | 0% |
| Canada | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.8 | N/A | 0.4 | 0.6 | -65.6% |
Top Export Markets for Tungsten (Wolfram); Wire from Finland in 2022:
- Estonia (3.0 kg)
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