Tungsten (Wolfram); Wire Price in Saudi Arabia - 2021
Contents:
- Tungsten (Wolfram); Wire Price in Saudi Arabia (FOB) - 2022
- Tungsten (Wolfram); Wire Exports in Saudi Arabia
Tungsten (Wolfram); Wire Price in Saudi Arabia (FOB) - 2022
In 2021, the average tungsten (wolfram); wire export price amounted to $209,146 per ton, falling by -3.3% against the previous year. Overall, the export price, however, posted a strong expansion. The growth pace was the most rapid in 2019 when the average export price increased by 178% against the previous year. As a result, the export price attained the peak level of $219,244 per ton. From 2020 to 2021, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Yemen.
From 2012 to 2021, the rate of growth in terms of prices for Egypt amounted to +8.2% per year.
Tungsten (Wolfram); Wire Exports in Saudi Arabia
Tungsten (wolfram); wire exports from Saudi Arabia rose slightly to 43 kg in 2022, surging by 4.9% compared with the year before. Overall, exports, however, showed a mild contraction.
In value terms, tungsten (wolfram); wire exports rose rapidly to $9.2K in 2022. Over the period under review, exports, however, recorded a pronounced decrease.
| Export of Tungsten (Wolfram); Wire in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Yemen | N/A | N/A | 113 | 0% | |
| United Arab Emirates | 89.8 | 97.3 | N/A | 8.4% | |
| Others | -80.0 | -87.6 | -104.1 | 14.1% | |
| Total | 9.9 | 9.7 | 8.6 | -6.8% | |
Top Export Markets for Tungsten (Wolfram); Wire from Saudi Arabia in 2022:
- Yemen (38.7 tons)
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