Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Turkey - 2024

Contents:

  1. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Turkey (CIF) - 2022
  2. Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Turkey (FOB) - 2022
  3. Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Turkey
  4. Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Turkey

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Turkey (CIF) - 2022

In 2022, the average import price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $49,096 per ton, rising by 15% against the previous year. In general, the import price, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2013 an increase of 24% against the previous year. As a result, import price reached the peak level of $99,486 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($84,603 per ton), while the price for Germany ($36,156 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+2.5%), while the prices for the other major suppliers experienced a decline.

Price for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Turkey (FOB) - 2022

In 2022, the average export price for tungsten (wolfram); articles thereof, including waste and scrap, powderses amounted to $76,656 per ton, picking up by 105% against the previous year. In general, the export price saw strong growth. The most prominent rate of growth was recorded in 2021 an increase of 1,032% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($276,500 per ton), while the average price for exports to Belgium ($21,158 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 Singapore (+375.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Turkey

In 2022, approx. 77 tons of tungsten (wolfram); articles thereof, including waste and scrap, powderses were imported into Turkey; with an increase of 33% against the year before. In general, imports recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 71%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of tungsten (wolfram); articles thereof, including waste and scrap, powderses surged to $3.8M in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 79%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8158781,9282,97854.0%
France15318211328322.8%
United States75.754.763.226151.1%
Austria36476.999.6126-29.8%
Germany61.517524987.512.5%
Others12.09.912.632.739.7%
Total1,4821,3762,4653,76836.5%

Top Suppliers of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders to Turkey in 2022:

  1. China (62.2 tons)
  2. France (5.6 tons)
  3. United States (4.5 tons)
  4. Germany (2.4 tons)
  5. Austria (1.5 tons)

Exports of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Turkey

In 2022, overseas shipments of tungsten (wolfram); articles thereof, including waste and scrap, powderses decreased by -90.2% to 32 kg, falling for the second year in a row after two years of growth. Overall, exports showed a precipitous descent. The pace of growth appeared the most rapid in 2020 when exports increased by 778%. As a result, the exports attained the peak of 11 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tungsten (wolfram); articles thereof, including waste and scrap, powderses shrank remarkably to $2.5K in 2022. Over the period under review, exports recorded a precipitous shrinkage. The growth pace was the most rapid in 2020 when exports increased by 69%. As a result, the exports reached the peak of $37K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13.510.0N/A0.7-62.7%
United StatesN/AN/AN/A0.60%
BelgiumN/AN/AN/A0.40%
PolandN/AN/AN/A0.30%
SwitzerlandN/AN/AN/A0.30%
SingaporeN/AN/A1.10.2-81.8%
IndiaN/AN/AN/A0.10%
VietnamN/A27.4N/AN/A0%
AustriaN/AN/A11.0N/A0%
Others8.5N/A0.1N/A-89.2%
Total22.137.412.22.5-51.6%

Top Export Markets for Tungsten (Wolfram); Articles Thereof, Including Waste and Scrap, Powders from Turkey in 2022:

  1. Belgium (19.0 kg)
  2. Germany (4.0 kg)
  3. Switzerland (3.0 kg)
  4. Poland (2.0 kg)
  5. United States (2.0 kg)
  6. Singapore (1.0 kg)
  7. India (1.0 kg)

Source: IndexBox Market Intelligence Platform

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