Tungsten (Wolfram); Wire Price in Italy - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Italy (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Italy (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Italy
- Tungsten (Wolfram); Wire Exports in Italy
Tungsten (Wolfram); Wire Price in Italy (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $113,449 per ton in 2022, reducing by -14.3% against the previous year. In general, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 26% against the previous year. Over the period under review, average import prices reached the maximum at $169,233 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Czech Republic ($325,995 per ton), while the price for Germany ($63,174 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Tungsten (Wolfram); Wire Price in Italy (FOB) - 2022
The average tungsten (wolfram); wire export price stood at $81,616 per ton in 2022, rising by 79% against the previous year. In general, the export price, however, showed a deep reduction. The export price peaked at $168,478 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($295,099 per ton), while the average price for exports to Spain ($18,410 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 Colombia (+6.2%), while the prices for the other major destinations experienced a decline.
Tungsten (Wolfram); Wire Imports in Italy
In 2022, the amount of tungsten (wolfram); wires imported into Italy surged to 21 tons, rising by 26% compared with the previous year's figure. Over the period under review, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, tungsten (wolfram); wire imports expanded significantly to $2.3M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 8.7%.
| Import of Tungsten (Wolfram); Wire in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 862 | 965 | 781 | 783 | -3.2% |
| Netherlands | 357 | 342 | 377 | 550 | 15.5% |
| India | 775 | 329 | 470 | 370 | -21.8% |
| Czech Republic | 57.7 | 94.9 | 242 | 244 | 61.7% |
| Germany | 70.8 | 38.7 | 45.5 | 174 | 34.9% |
| Others | 223 | 221 | 248 | 208 | -2.3% |
| Total | 2,346 | 1,990 | 2,163 | 2,328 | -0.3% |
Top Suppliers of Tungsten (Wolfram); Wire to Italy in 2022:
- China (7.4 tons)
- Netherlands (7.2 tons)
- Germany (2.7 tons)
- India (1.9 tons)
- Czech Republic (0.7 tons)
Tungsten (Wolfram); Wire Exports in Italy
In 2022, overseas shipments of tungsten (wolfram); wires decreased by -85.9% to 318 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 150% against the previous year. As a result, the exports reached the peak of 2.3 tons, and then dropped significantly in the following year.
In value terms, tungsten (wolfram); wire exports dropped significantly to $26K in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 128% against the previous year. As a result, the exports reached the peak of $103K, and then contracted markedly in the following year.
| Export of Tungsten (Wolfram); Wire in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | N/A | 17.0 | 0% |
| Colombia | N/A | 1.3 | N/A | 3.0 | 51.9% |
| Tunisia | 1.4 | N/A | N/A | 2.8 | 26.0% |
| Poland | 2.6 | 5.9 | 1.6 | 2.2 | -5.4% |
| Spain | 1.0 | N/A | N/A | 0.9 | -3.5% |
| Netherlands | 0.1 | N/A | 0.3 | 0.1 | 0.0% |
| Germany | N/A | 10.7 | 87.2 | N/A | 715.0% |
| France | N/A | 8.7 | 0.1 | N/A | -98.9% |
| Brazil | 13.0 | 13.3 | 11.4 | N/A | -6.4% |
| Ukraine | 12.4 | N/A | N/A | N/A | 0% |
| Others | 11.7 | 5.0 | 1.9 | N/A | -59.7% |
| Total | 42.2 | 45.0 | 103 | 26.0 | -14.9% |
Top Export Markets for Tungsten (Wolfram); Wire from Italy in 2022:
- Saudi Arabia (154.0 kg)
- Poland (79.0 kg)
- Spain (50.0 kg)
- Tunisia (20.0 kg)
- Colombia (10.0 kg)
- Netherlands (5.0 kg)
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