Price for Tungsten (Wolfram); Waste and Scrap in Egypt - 2022
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in Egypt (CIF) - 2022
- Imports of Tungsten (Wolfram); Waste and Scrap in Egypt
Price for Tungsten (Wolfram); Waste and Scrap in Egypt (CIF) - 2022
In 2022, the average import price for tungsten (wolfram); waste and scraps amounted to $45,637 per ton, rising by 12% against the previous year. Over the period under review, the import price, however, saw a slight decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 24%. The import price peaked at $51,306 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +74.5% per year.
Imports of Tungsten (Wolfram); Waste and Scrap in Egypt
In 2022, after three years of growth, there was significant decline in purchases abroad of tungsten (wolfram); waste and scraps, when their volume decreased by -18.5% to 5 tons. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.2% 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 +26.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 53% against the previous year. As a result, imports reached the peak of 6.1 tons, and then reduced dramatically in the following year.
In value terms, tungsten (wolfram); waste and scrap imports dropped to $228K in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 93%.
| Import of Tungsten (Wolfram); Waste and Scrap in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 62.7 | 131 | 249 | 228 | 53.8% |
| Oman | 5.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 67.9 | 131 | 249 | 228 | 49.7% |
Top Suppliers of Tungsten (Wolfram); Waste and Scrap to Egypt in 2022:
- Italy (5.0 tons)
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