Tungsten (Wolfram); Wire Price in Costa Rica - 2022

Contents:

  1. Tungsten (Wolfram); Wire Price in Costa Rica (CIF) - 2022
  2. Tungsten (Wolfram); Wire Price in Costa Rica (FOB) - 2022
  3. Tungsten (Wolfram); Wire Imports in Costa Rica
  4. Tungsten (Wolfram); Wire Exports in Costa Rica

Tungsten (Wolfram); Wire Price in Costa Rica (CIF) - 2022

In 2022, the average tungsten (wolfram); wire import price amounted to $163,435 per ton, dropping by -9.8% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tungsten (wolfram); wire import price decreased by -25.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 45%. As a result, import price reached the peak level of $219,230 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($408,594 per ton), while the price for China ($19,724 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Tungsten (Wolfram); Wire Price in Costa Rica (FOB) - 2022

In 2022, the average tungsten (wolfram); wire export price amounted to $58,696 per ton, dropping by -3.2% against the previous year. In general, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices reached the maximum at $129,476 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($341,511 per ton), while the average price for exports to the United States ($6,820 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 Germany (+6.8%), while the prices for the other major destinations experienced a decline.

Tungsten (Wolfram); Wire Imports in Costa Rica

In 2022, approx. 38 tons of tungsten (wolfram); wires were imported into Costa Rica; growing by 75% compared with the previous year. In general, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 103% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, tungsten (wolfram); wire imports skyrocketed to $6.2M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 77%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Tungsten (Wolfram); Wire in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,3111,1591,3283,07632.9%
India2645751,6672,190102.4%
Sweden18513844678161.6%
China95.711290.765.9-11.7%
Others91.662.794.084.5-2.7%
Total1,9472,0473,6256,19747.1%

Top Suppliers of Tungsten (Wolfram); Wire to Costa Rica in 2022:

  1. United States (21.3 tons)
  2. Sweden (7.0 tons)
  3. India (5.4 tons)
  4. China (3.3 tons)

Tungsten (Wolfram); Wire Exports in Costa Rica

In 2022, approx. 3.6 tons of tungsten (wolfram); wires were exported from Costa Rica; increasing by 6,873% on the previous year's figure. Over the period under review, exports, however, continue to indicate a pronounced downturn.

In value terms, tungsten (wolfram); wire exports surged to $220K in 2022. Overall, exports enjoyed a notable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tungsten (Wolfram); Wire in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1401433.11400.0%
Germany19.715.30.461.546.2%
Sweden44.112.50.318.3-25.4%
United States1.20.9N/A0.9-9.1%
CanadaN/A28.1N/AN/A0%
OthersN/AN/A0.2N/A0%
Total2051994.02202.4%

Top Export Markets for Tungsten (Wolfram); Wire from Costa Rica in 2022:

  1. Sweden (1749.0 kg)
  2. China (1569.0 kg)
  3. Germany (180.0 kg)
  4. United States (128.0 kg)

Source: IndexBox Market Intelligence Platform

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