Tungsten (Wolfram); Wire Price in Hungary - 2023
Contents:
- Tungsten (Wolfram); Wire Price in Hungary (FOB) - 2022
- Tungsten (Wolfram); Wire Price in Hungary (CIF) - 2022
- Tungsten (Wolfram); Wire Exports in Hungary
- Tungsten (Wolfram); Wire Imports in Hungary
Tungsten (Wolfram); Wire Price in Hungary (FOB) - 2022
In 2022, the average tungsten (wolfram); wire export price amounted to $489,210 per ton, waning by -2.5% against the previous year. Over the period under review, the export price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices reached the maximum at $501,603 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($926,388 per ton), while the average price for exports to France totaled $43,697 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.2%), while the prices for the other major destinations experienced a decline.
Tungsten (Wolfram); Wire Price in Hungary (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $116,385 per ton in 2022, waning by -2.3% against the previous year. Overall, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2021 an increase of 32% against the previous year. Over the period under review, average import prices reached the peak figure at $210,364 per ton in 2012; however, from 2013 to 2022, import prices stood 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 the United States ($528,435 per ton), while the price for China ($90,738 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Tungsten (Wolfram); Wire Exports in Hungary
In 2022, the amount of tungsten (wolfram); wires exported from Hungary skyrocketed to 5.4 tons, jumping by 85% compared with the previous year's figure. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, tungsten (wolfram); wire exports skyrocketed to $2.6M in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 101%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Tungsten (Wolfram); Wire in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 472 | 1,144 | 1,375 | 2,456 | 73.3% |
France | N/A | N/A | 9.1 | 116 | 1174.7% |
South Korea | 75.1 | 2.1 | N/A | N/A | -97.2% |
India | 35.4 | 19.0 | 9.5 | N/A | -48.2% |
Others | 21.3 | 48.3 | 74.4 | 77.5 | 53.8% |
Total | 604 | 1,214 | 1,468 | 2,649 | 63.7% |
Top Export Markets for Tungsten (Wolfram); Wire from Hungary in 2022:
- United States (2.7 tons)
- France (2.6 tons)
Tungsten (Wolfram); Wire Imports in Hungary
In 2022, purchases abroad of tungsten (wolfram); wires decreased by -47.1% to 3.4 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 1.3%. As a result, imports attained the peak of 7.9 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, tungsten (wolfram); wire imports fell notably to $398K in 2022. In general, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 7.7%. As a result, imports reached the peak of $771K, and then dropped sharply in the following year.
Import of Tungsten (Wolfram); Wire in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 549 | 461 | 612 | 251 | -23.0% |
Germany | 102 | 73.0 | 88.3 | 59.7 | -16.4% |
Netherlands | 2.9 | 8.4 | 3.1 | 9.6 | 49.0% |
United Kingdom | 43.9 | 40.1 | 6.0 | 7.9 | -43.5% |
Slovenia | N/A | 39.9 | N/A | N/A | 0% |
Others | 69.8 | 92.9 | 60.7 | 70.0 | 0.1% |
Total | 768 | 715 | 771 | 398 | -19.7% |
Top Suppliers of Tungsten (Wolfram); Wire to Hungary in 2022:
- China (2766.0 kg)
- Germany (439.0 kg)
- United Kingdom (81.0 kg)
- Netherlands (60.0 kg)
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