Tungsten (Wolfram); Wire Price in Kenya - 2021
Contents:
- Tungsten (Wolfram); Wire Price in Kenya (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Kenya (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Kenya
- Tungsten (Wolfram); Wire Exports in Kenya
Tungsten (Wolfram); Wire Price in Kenya (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $47,900 per ton in 2022, increasing by 60% against the previous year. Overall, the import price enjoyed strong growth. The growth pace was the most rapid in 2016 an increase of 137%. The import price peaked at $49,257 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Sweden ($360,042 per ton), while the price for China ($2,735 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+85.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Price in Kenya (FOB) - 2022
The average tungsten (wolfram); wire export price stood at $99,000 per ton in 2020, growing by 1,289% 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.
As there is only one major export destination, the average price level is determined by prices for Mozambique.
From 2012 to 2020, the rate of growth in terms of prices for Burundi amounted to 0.0% per year.
Tungsten (Wolfram); Wire Imports in Kenya
In 2022, approx. 99 kg of tungsten (wolfram); wires were imported into Kenya; shrinking by -53.7% on the year before. Overall, imports showed a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 251% against the previous year.
In value terms, tungsten (wolfram); wire imports shrank sharply to $4.7K in 2022. Over the period under review, imports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 113%.
| Import of Tungsten (Wolfram); Wire in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 3.4 | 0.9 | 2.7 | 2.7 | -7.4% |
| India | 5.1 | 0.7 | 0.8 | 0.9 | -43.9% |
| China | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| United Kingdom | N/A | N/A | 0.1 | N/A | 0% |
| Netherlands | 3.8 | 1.1 | 1.2 | N/A | -43.8% |
| Others | 1.5 | 0.2 | 1.4 | 1.0 | -12.6% |
| Total | 14.0 | 3.0 | 6.4 | 4.7 | -30.5% |
Top Suppliers of Tungsten (Wolfram); Wire to Kenya in 2022:
- China (68.0 kg)
- India (7.0 kg)
- Sweden (7.0 kg)
- Netherlands (1.0 kg)
Tungsten (Wolfram); Wire Exports in Kenya
In 2020, approx. 2 kg of tungsten (wolfram); wires were exported from Kenya; waning by -99.3% against the previous year's figure. Over the period under review, exports recorded a significant decrease.
In value terms, tungsten (wolfram); wire exports contracted markedly to $198 in 2020. In general, exports continue to indicate a sharp slump.
| Export of Tungsten (Wolfram); Wire in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Mozambique | N/A | 0.2 | 0% | ||
| Tanzania | 1.9 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1.9 | 0.2 | -89.5% | ||
Top Export Markets for Tungsten (Wolfram); Wire from Kenya in 2022:
- Mozambique (2.0 kg)
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