Tungsten (Wolfram); Wire Price in Slovakia - 2023

Contents:

  1. Tungsten (Wolfram); Wire Price in Slovakia (CIF) - 2022
  2. Tungsten (Wolfram); Wire Price in Slovakia (FOB) - 2022
  3. Tungsten (Wolfram); Wire Imports in Slovakia
  4. Tungsten (Wolfram); Wire Exports in Slovakia

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

The average tungsten (wolfram); wire import price stood at $178,963 per ton in 2022, with an increase of 1.7% against the previous year. Overall, the import price enjoyed tangible growth. The most prominent rate of growth was recorded in 2020 an increase of 106%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($297,617 per ton), while the price for the United States ($135,999 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Tungsten (Wolfram); Wire Price in Slovakia (FOB) - 2022

In 2022, the average tungsten (wolfram); wire export price amounted to $181,369 per ton, declining by -14% against the previous year. Over the period under review, the export price, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 87%. Over the period under review, the average export prices attained the peak figure at $210,968 per ton in 2021, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +18.4% per year.

Tungsten (Wolfram); Wire Imports in Slovakia

In 2022, tungsten (wolfram); wire imports into Slovakia skyrocketed to 6 tons, growing by 72% against 2021 figures. Overall, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tungsten (wolfram); wire imports skyrocketed to $1.1M in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 120% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Tungsten (Wolfram); Wire in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.5124322698353.2%
Czech Republic20019028535320.9%
Germany13.81670.27.5-18.4%
Ukraine9.0N/AN/AN/A0%
Others5.939.76.816.440.6%
Total2365216141,07565.8%

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

  1. Germany (undefined tons)
  2. China (4.7 tons)
  3. Czech Republic (1.2 tons)

Tungsten (Wolfram); Wire Exports in Slovakia

In 2022, after two years of decline, there was significant decline in overseas shipments of tungsten (wolfram); wires, when their volume decreased by -18.1% to 531 kg. Over the period under review, exports, however, continue to indicate a significant increase.

In value terms, tungsten (wolfram); wire exports fell dramatically to $96K in 2022. In general, exports, however, showed a significant expansion.

Export of Tungsten (Wolfram); Wire in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland0.5N/A13796.3477.5%
OthersN/AN/AN/AN/A0%
Total0.6N/A13796.3443.4%

Top Export Markets for Tungsten (Wolfram); Wire from Slovakia in 2022:

  1. Switzerland (531.0 kg)

Source: IndexBox Market Intelligence Platform

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