Tungsten (Wolfram); Wire Price in Paraguay - 2023
Contents:
Tungsten (Wolfram); Wire Price in Paraguay (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $62,423 per ton in 2022, increasing by 153% against the previous year. In general, the import price showed a modest expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 472%. The import price peaked in 2022 and is likely to see steady growth in the near future.
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 China ($141,588 per ton), while the price for Brazil amounted to $13,523 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-2.5%).
Tungsten (Wolfram); Wire Imports in Paraguay
Tungsten (wolfram); wire imports into Paraguay totaled 212 kg in 2022, remaining stable against the previous year. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 26%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, tungsten (wolfram); wire imports skyrocketed to $5K in 2022. Overall, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tungsten (Wolfram); Wire in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 1.0 | 1.2 | 1.8 | 2.6 | 37.5% |
| China | 2.2 | 0.1 | 0.7 | 2.4 | 2.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.2 | 1.3 | 2.5 | 5.0 | 16.0% |
Top Suppliers of Tungsten (Wolfram); Wire to Paraguay in 2022:
- Brazil (195.0 kg)
- China (17.0 kg)
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