Tungsten (Wolfram); Wire Price in Venezuela - 2022
Contents:
- Tungsten (Wolfram); Wire Price in Venezuela (CIF) - 2022
- Tungsten (Wolfram); Wire Imports in Venezuela
Tungsten (Wolfram); Wire Price in Venezuela (CIF) - 2022
In 2022, the average tungsten (wolfram); wire import price amounted to $13,569 per ton, falling by -20.3% against the previous year. Over the period under review, the import price saw a sharp slump. The most prominent rate of growth was recorded in 2013 a decrease of -17.9% against the previous year. Over the period under review, average import prices attained the maximum at $179,328 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -15.2% per year.
Tungsten (Wolfram); Wire Imports in Venezuela
For the fourth year in a row, Venezuela recorded growth in supplies from abroad of tungsten (wolfram); wires, which increased by 17% to 385 kg in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 17%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, tungsten (wolfram); wire imports fell to $5.2K in 2022. In general, imports, however, showed a deep downturn.
| Import of Tungsten (Wolfram); Wire in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.5 | 6.0 | 5.6 | 5.2 | -7.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.5 | 6.0 | 5.6 | 5.2 | -7.2% |
Top Suppliers of Tungsten (Wolfram); Wire to Venezuela in 2022:
- United States (385.0 kg)
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