Tungsten (Wolfram); Wire Price in Portugal - 2023

Contents:

  1. Tungsten (Wolfram); Wire Price in Portugal (CIF) - 2022
  2. Tungsten (Wolfram); Wire Imports in Portugal

Tungsten (Wolfram); Wire Price in Portugal (CIF) - 2022

The average tungsten (wolfram); wire import price stood at $182,457 per ton in 2022, surging by 35% against the previous year. Overall, the import price, however, recorded a noticeable decrease. The import price peaked at $291,004 per ton in 2013; however, from 2014 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 Germany ($442,377 per ton), while the price for Morocco ($16,877 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced a decline.

Tungsten (Wolfram); Wire Imports in Portugal

For the third year in a row, Portugal recorded decline in overseas purchases of tungsten (wolfram); wires, which decreased by -69.6% to 35 kg in 2022. Overall, imports showed a precipitous shrinkage. The smallest decline of -12.2% was in 2021.

In value terms, tungsten (wolfram); wire imports dropped rapidly to $6.4K in 2022. Over the period under review, imports showed a sharp slump. The smallest decline of -46.4% was in 2021.

Import of Tungsten (Wolfram); Wire in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.92.56.44.2-5.0%
Netherlands0.12.10.52.1175.9%
MoroccoN/AN/AN/A0.10%
China3269.28.6N/A-83.8%
Others3.415.1N/AN/A344.1%
Total33528.915.56.4-73.3%

Top Suppliers of Tungsten (Wolfram); Wire to Portugal in 2022:

  1. Netherlands (22.0 kg)
  2. Germany (10.0 kg)
  3. Morocco (3.0 kg)

Source: IndexBox Market Intelligence Platform

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