Tungsten (Wolfram); Wire Price in Egypt - 2021
Contents:
Tungsten (Wolfram); Wire Price in Egypt (CIF) - 2022
The average tungsten (wolfram); wire import price stood at $54,727 per ton in 2021, surging by 50% against the previous year. In general, the import price, however, continues to indicate a deep contraction. The growth pace was the most rapid in 2015 when the average import price increased by 526%. Over the period under review, average import prices hit record highs at $159,500 per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From 2012 to 2021, the rate of growth in terms of prices for Saudi Arabia amounted to +60.1% per year.
Tungsten (Wolfram); Wire Imports in Egypt
In 2022, after two years of decline, there was significant growth in purchases abroad of tungsten (wolfram); wires, when their volume increased by 11,733% to 710 kg. Over the period under review, imports, however, saw a dramatic downturn.
In value terms, tungsten (wolfram); wire imports surged to $88K in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tungsten (Wolfram); Wire in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| South Korea | 8.6 | 4.0 | 0.4 | -78.4% | |
| Belgium | 1.5 | 1.4 | N/A | -6.7% | |
| China | 19.1 | 6.3 | N/A | -67.0% | |
| United Kingdom | 1.8 | 0.9 | N/A | -50.0% | |
| United States | 0.6 | 0.5 | N/A | -16.7% | |
| Others | 5.5 | 8.9 | N/A | 61.8% | |
| Total | 37.1 | 22.1 | 0.4 | -89.6% | |
Top Suppliers of Tungsten (Wolfram); Wire to Egypt in 2022:
- South Korea (4.0 kg)
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