Tungsten (Wolfram); Wire Price in New Zealand - 2021
Contents:
- Tungsten (Wolfram); Wire Price in New Zealand (CIF) - 2022
- Tungsten (Wolfram); Wire Price in New Zealand (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in New Zealand
- Tungsten (Wolfram); Wire Exports in New Zealand
Tungsten (Wolfram); Wire Price in New Zealand (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $198,008 per ton in 2022, rising by 36% against the previous year. Overall, the import price, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2013 when the average import price increased by 98% against the previous year. As a result, import price attained the peak level of $704,994 per ton. From 2014 to 2022, the average 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 Switzerland ($524,447 per ton), while the price for Japan ($99,152 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+242.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Tungsten (Wolfram); Wire Price in New Zealand (FOB) - 2022
The average tungsten (wolfram); wire export price stood at $30,653 per ton in 2021, dropping by -46.8% against the previous year. Over the period under review, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 124%. As a result, the export price attained the peak level of $91,320 per ton. From 2018 to 2021, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Fiji.
From 2012 to 2021, the rate of growth in terms of prices for Samoa amounted to +127.1% per year.
Tungsten (Wolfram); Wire Imports in New Zealand
In 2022, overseas purchases of tungsten (wolfram); wires decreased by -44.8% to 91 kg, falling for the second year in a row after two years of growth. In general, imports saw a sharp decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 47%. As a result, imports reached the peak of 420 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, tungsten (wolfram); wire imports dropped sharply to $18K in 2022. Overall, imports recorded a sharp reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 29%. As a result, imports attained the peak of $54K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Tungsten (Wolfram); Wire in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 11.3 | 15.3 | 3.1 | 6.9 | -15.2% |
| Japan | 9.3 | 12.0 | 3.4 | 4.5 | -21.5% |
| Australia | 4.5 | 3.6 | 3.1 | 2.9 | -13.6% |
| Switzerland | 1.2 | 1.8 | 0.6 | 1.0 | -5.9% |
| Ireland | N/A | N/A | 0.8 | 1.0 | 25.0% |
| Hungary | 0.6 | 4.8 | 1.2 | N/A | 41.4% |
| Belgium | 1.6 | 1.8 | 0.3 | N/A | -56.7% |
| Malaysia | 0.9 | 1.6 | 0.6 | N/A | -18.4% |
| Singapore | 8.4 | 2.1 | 7.1 | N/A | -8.1% |
| Others | 3.9 | 10.5 | 3.7 | 1.6 | -25.7% |
| Total | 41.7 | 53.8 | 24.0 | 18.0 | -24.4% |
Top Suppliers of Tungsten (Wolfram); Wire to New Zealand in 2022:
- Japan (46.0 kg)
- Australia (22.0 kg)
- Sweden (17.0 kg)
- Ireland (2.0 kg)
- Switzerland (2.0 kg)
Tungsten (Wolfram); Wire Exports in New Zealand
In 2022, the amount of tungsten (wolfram); wires exported from New Zealand declined remarkably to 1 kg, with a decrease of -97.7% compared with the previous year's figure. Over the period under review, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year.
In value terms, tungsten (wolfram); wire exports declined significantly to $439 in 2022. In general, exports saw a significant decline. The smallest decline of -40.2% was in 2021.
| Export of Tungsten (Wolfram); Wire in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 9.1 | 1.1 | 1.3 | N/A | -62.2% |
| South Korea | N/A | N/A | N/A | N/A | 0% |
| Malaysia | N/A | 1.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.4 | 0% |
| Total | 9.1 | 2.2 | 1.3 | 0.4 | -64.7% |
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