Tungsten (Wolfram); Wire Price in Pakistan - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Pakistan (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Pakistan (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Pakistan
- Tungsten (Wolfram); Wire Exports in Pakistan
Tungsten (Wolfram); Wire Price in Pakistan (CIF) - 2022
In 2022, the average tungsten (wolfram); wire import price amounted to $8,606 per ton, dropping by -3% against the previous year. In general, the import price showed a pronounced slump. The pace of growth was the most pronounced in 2013 an increase of 20%. As a result, import price attained the peak level of $13,104 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 the United Arab Emirates ($161,735 per ton), while the price for the UK ($7,052 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Price in Pakistan (FOB) - 2022
In 2022, the average tungsten (wolfram); wire export price amounted to $173,000 per ton, stabilizing at the previous year. Overall, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for South Africa.
From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to 0.0% per year.
Tungsten (Wolfram); Wire Imports in Pakistan
In 2022, after three years of growth, there was significant decline in overseas purchases of tungsten (wolfram); wires, when their volume decreased by -94.3% to 1.5 tons. In general, imports saw a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 21%.
In value terms, tungsten (wolfram); wire imports dropped significantly to $13K in 2022. Overall, imports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 32%. As a result, imports reached the peak of $227K, and then declined sharply in the following year.
Import of Tungsten (Wolfram); Wire in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 169 | 153 | 202 | 11.5 | -59.2% |
Taiwan (Chinese) | 3.3 | 9.4 | 7.5 | 0.4 | -50.5% |
United Kingdom | 0.3 | 2.3 | 4.4 | 0.3 | 0.0% |
Others | 2.3 | 6.7 | 13.8 | 0.4 | -44.2% |
Total | 175 | 172 | 227 | 12.6 | -58.4% |
Top Suppliers of Tungsten (Wolfram); Wire to Pakistan in 2022:
- China (1352.0 kg)
- Taiwan (Chinese) (60.0 kg)
- United Kingdom (35.0 kg)
Tungsten (Wolfram); Wire Exports in Pakistan
In 2022, after two years of decline, there was decline in shipments abroad of tungsten (wolfram); wires, when their volume decreased by 0% to 2 kg. In general, exports faced a precipitous curtailment. The smallest decline of 99.9% was in 2020.
In value terms, tungsten (wolfram); wire exports stood at $346 in 2022. Over the period under review, exports recorded a dramatic shrinkage. The smallest decline of 99.9% was in 2020.
Export of Tungsten (Wolfram); Wire in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | N/A | N/A | N/A | 0.3 | 0% |
Hong Kong SAR | 3.8 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.9 | N/A | N/A | 0.3 | -57.5% |
Top Export Markets for Tungsten (Wolfram); Wire from Pakistan in 2022:
- South Africa (2.0 kg)
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