Tungsten (Wolfram); Wire Price in Thailand - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Thailand (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Thailand (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Thailand
- Tungsten (Wolfram); Wire Exports in Thailand
Tungsten (Wolfram); Wire Price in Thailand (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $406,860 per ton in 2022, rising by 90% against the previous year. In general, the import price enjoyed a strong increase. As a result, import price attained 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 Japan ($1,633,973 per ton), while the price for China ($96,611 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Tungsten (Wolfram); Wire Price in Thailand (FOB) - 2022
The average tungsten (wolfram); wire export price stood at $1,458 per ton in 2022, shrinking by -18.3% against the previous year. Over the period under review, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 175%. The export price peaked at $13,767 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($23,609 per ton), while the average price for exports to Cambodia ($1,294 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 Japan (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.
Tungsten (Wolfram); Wire Imports in Thailand
In 2022, the amount of tungsten (wolfram); wires imported into Thailand dropped markedly to 7.1 tons, with a decrease of -33.8% against the previous year's figure. Over the period under review, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 0.4%.
In value terms, tungsten (wolfram); wire imports skyrocketed to $2.9M in 2022. In general, imports continue to indicate a relatively flat trend pattern.
| Import of Tungsten (Wolfram); Wire in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 932 | 1,917 | 1,549 | 2,278 | 34.7% |
| China | 1,445 | 425 | 636 | 478 | -30.8% |
| India | 414 | 113 | 16.9 | 33.6 | -56.7% |
| Taiwan (Chinese) | 91.0 | 64.3 | 44.0 | 31.1 | -30.1% |
| Sweden | 38.5 | 23.5 | 15.9 | 15.9 | -25.5% |
| Lao People's Democratic Republic | N/A | 0.7 | N/A | N/A | 0% |
| Others | 50.4 | 75.9 | 48.8 | 68.3 | 10.7% |
| Total | 2,970 | 2,620 | 2,310 | 2,905 | -0.7% |
Top Suppliers of Tungsten (Wolfram); Wire to Thailand in 2022:
- China (4.9 tons)
- Japan (1.4 tons)
- India (0.3 tons)
- Taiwan (Chinese) (0.2 tons)
- Sweden (0.1 tons)
Tungsten (Wolfram); Wire Exports in Thailand
In 2022, the amount of tungsten (wolfram); wires exported from Thailand soared to 129 tons, jumping by 170% against 2021 figures. In general, exports, however, faced a precipitous shrinkage.
In value terms, tungsten (wolfram); wire exports skyrocketed to $188K in 2022. Overall, exports, however, faced a sharp descent.
| Export of Tungsten (Wolfram); Wire in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 290 | 30.3 | 51.7 | 124 | -24.7% |
| Myanmar | N/A | 12.9 | 22.0 | 61.4 | 118.2% |
| Lao People's Democratic Republic | 13.5 | 0.4 | N/A | 0.5 | -66.7% |
| Others | 972 | 3.0 | 11.5 | 2.0 | -87.3% |
| Total | 1,276 | 46.6 | 85.2 | 188 | -47.2% |
Top Export Markets for Tungsten (Wolfram); Wire from Thailand in 2022:
- Cambodia (95.5 tons)
- Myanmar (32.4 tons)
- Lao People's Democratic Republic (0.2 tons)
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