Tungsten (Wolfram); Wire Price in Spain - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Spain (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Spain (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Spain
- Tungsten (Wolfram); Wire Exports in Spain
Tungsten (Wolfram); Wire Price in Spain (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $50,052 per ton in 2022, increasing by 160% against the previous year. Over the period under review, the import price saw significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($492,444 per ton), while the price for France ($6,773 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+40.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Price in Spain (FOB) - 2022
In 2022, the average tungsten (wolfram); wire export price amounted to $76,508 per ton, surging by 767% against the previous year. Overall, the export price enjoyed notable growth. Over the period under review, the average export prices reached the peak figure at $231,648 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($838,143 per ton), while the average price for exports to Portugal ($22,976 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+8.5%), while the prices for the other major destinations experienced a decline.
Tungsten (Wolfram); Wire Imports in Spain
Tungsten (wolfram); wire imports into Spain dropped significantly to 7.3 tons in 2022, waning by -36.9% against the year before. Over the period under review, imports saw a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 7.6% against the previous year.
In value terms, tungsten (wolfram); wire imports surged to $365K in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tungsten (Wolfram); Wire in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | N/A | N/A | N/A | 146 | 0% |
| Germany | 103 | 51.2 | 49.3 | 85.8 | -5.9% |
| Sweden | 6.5 | 6.5 | 23.4 | 67.7 | 118.4% |
| China | 14.8 | 34.7 | 69.2 | 31.1 | 28.1% |
| Netherlands | 20.4 | 9.5 | 16.9 | 7.6 | -28.0% |
| United Kingdom | 98.5 | 60.1 | 0.7 | 7.1 | -58.4% |
| France | 4.2 | 2.3 | 1.8 | 1.6 | -27.5% |
| Others | 31.8 | 32.0 | 61.4 | 18.1 | -17.1% |
| Total | 279 | 196 | 223 | 365 | 9.4% |
Top Suppliers of Tungsten (Wolfram); Wire to Spain in 2022:
- China (3448.0 kg)
- Germany (1758.0 kg)
- Ireland (999.0 kg)
- Netherlands (405.0 kg)
- United Kingdom (246.0 kg)
- France (237.0 kg)
- Sweden (137.0 kg)
Tungsten (Wolfram); Wire Exports in Spain
In 2022, shipments abroad of tungsten (wolfram); wires decreased by -56.8% to 167 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 262% against the previous year. As a result, the exports reached the peak of 387 kg, and then declined dramatically in the following year.
In value terms, tungsten (wolfram); wire exports skyrocketed to $13K in 2022. In general, exports, however, showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tungsten (Wolfram); Wire in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 4.1 | 0% |
| Morocco | N/A | 2.2 | 1.9 | 2.8 | 12.8% |
| Poland | N/A | N/A | N/A | 2.6 | 0% |
| Mexico | 4.6 | N/A | N/A | 2.1 | -23.0% |
| Portugal | 0.2 | 0.3 | 1.0 | 1.0 | 71.0% |
| Chile | N/A | N/A | 0.3 | N/A | 0% |
| Italy | N/A | 0.2 | N/A | N/A | 0% |
| Others | 7.8 | 0.1 | 0.3 | 0.1 | -76.6% |
| Total | 12.5 | 2.8 | 3.4 | 12.7 | 0.5% |
Top Export Markets for Tungsten (Wolfram); Wire from Spain in 2022:
- Morocco (109.0 kg)
- Portugal (41.0 kg)
- Mexico (7.0 kg)
- Canada (5.0 kg)
- Poland (4.0 kg)
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