Tungsten (Wolfram); Wire Price in Ukraine - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Ukraine (CIF) - 2022
- Tungsten (Wolfram); Wire Price in Ukraine (FOB) - 2022
- Tungsten (Wolfram); Wire Imports in Ukraine
- Tungsten (Wolfram); Wire Exports in Ukraine
Tungsten (Wolfram); Wire Price in Ukraine (CIF) - 2022
In 2022, the average tungsten (wolfram); wire import price amounted to $208,860 per ton, with an increase of 60% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tungsten (wolfram); wire import price increased by +82.3% against 2017 indices. 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 Thailand ($1,777,905 per ton), while the price for China ($151,969 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+48.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Price in Ukraine (FOB) - 2022
In 2022, the average tungsten (wolfram); wire export price amounted to $44,035 per ton, falling by -31.4% against the previous year. In general, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 715%. As a result, the export price reached the peak level of $173,685 per ton. From 2015 to 2022, 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 Hungary.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +49.2% per year.
Tungsten (Wolfram); Wire Imports in Ukraine
For the third year in a row, Ukraine recorded decline in overseas purchases of tungsten (wolfram); wires, which decreased by -50.9% to 685 kg in 2022. Overall, imports recorded a dramatic downturn. The smallest decline of -8.8% was in 2020.
In value terms, tungsten (wolfram); wire imports contracted notably to $143K in 2022. Over the period under review, imports saw a deep slump. The smallest decline of -4.4% was in 2020.
| Import of Tungsten (Wolfram); Wire in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 184 | 196 | 136 | 99.1 | -18.6% |
| Thailand | N/A | N/A | 17.1 | 40.8 | 138.6% |
| Hong Kong SAR | 51.0 | 43.6 | 21.2 | 2.1 | -65.5% |
| Russia | N/A | N/A | 6.0 | N/A | 0% |
| Japan | 14.7 | 1.8 | N/A | N/A | -87.8% |
| Others | 5.0 | 2.4 | 1.8 | 1.1 | -39.6% |
| Total | 255 | 244 | 182 | 143 | -17.5% |
Top Suppliers of Tungsten (Wolfram); Wire to Ukraine in 2022:
- China (652.0 kg)
- Thailand (23.0 kg)
- Hong Kong SAR (9.0 kg)
Tungsten (Wolfram); Wire Exports in Ukraine
In 2022, shipments abroad of tungsten (wolfram); wires was finally on the rise to reach 111 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a significant decrease.
In value terms, tungsten (wolfram); wire exports reduced notably to $4.9K in 2022. In general, exports, however, recorded a precipitous contraction. The smallest decline of -21.3% was in 2020.
| Export of Tungsten (Wolfram); Wire in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 5.8 | 5.1 | 4.0 | 4.9 | -5.5% |
| Poland | 21.5 | 12.3 | N/A | N/A | -42.8% |
| Others | N/A | 4.0 | 2.4 | N/A | -40.0% |
| Total | 27.3 | 21.5 | 6.4 | 4.9 | -43.6% |
Top Export Markets for Tungsten (Wolfram); Wire from Ukraine in 2022:
- Hungary (111.0 kg)
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