North America Tungsten Prices Movement Q4:
Tungsten Prices in USA:
During the last quarter of 2024, the tungsten price chart for the USA showed prices reaching approximately 86,200 USD per metric ton in December. This high price reflects steady demand from defense, electronics, and aerospace sectors, coupled with limited global supply. Rising production costs and stricter environmental regulations also contributed to the price hike, highlighting market volatility and the strategic importance of tungsten in the U.S. industry.
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Note: The analysis can be tailored to align with the customer's specific needs.
APAC Tungsten Prices Movement Q4:
Tungsten Prices in Vietnam:
In Q4 2024, Vietnam recorded tungsten prices at around 45,000 USD/MT in December. This relatively lower pricing is influenced by the country’s local production capabilities and cost-effective mining operations. Despite global demand pressures, Vietnam’s domestic extraction and refining have helped keep prices more stable, although external market forces continue to pose challenges for long-term price consistency.
Regional Analysis: The price analysis can be extended to provide detailed tungsten price information for the following list of countries.
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.
Europe Tungsten Prices Movement Q4:
Tungsten Prices in Germany:
During the last quarter of 2024, tungsten prices in Germany reached about 74,560 USD/MT in December. The increase can be attributed to strong demand from precision tooling, automotive, and manufacturing industries. Additionally, Europe’s reliance on imported tungsten, energy costs, and regulatory constraints contributed to the pricing trend, underscoring the need for more secure and diversified supply chains in the region.
Regional Analysis: The price analysis can be expanded to include detailed tungsten price data for a wide range of European countries, such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.
Factors Affecting Tungsten Supply and Prices
Tungsten prices and supply are shaped by mining output, raw material access, and production expenses. Market trends are driven by demand from electronics, aerospace, and manufacturing sectors. Additionally, trade regulations, geopolitical tensions, environmental policies, and supply chain issues play major roles in influencing price fluctuations and overall market stability.
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Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Price Analysis
- Spot Prices by Major Ports
- Price Breakup
- Price Trends by Region
- Factors influencing the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Tungsten Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2025 Edition,” presents a detailed analysis of Tungsten price trend, offering key insights into global Tungsten market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Tungsten demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
About Us:
IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.
IMARC Group provides professional chemical price analysis services to enable businesses to leverage their pricing and maximize profitability. Our thorough research examines market trends, competitor prices, customer willingness-to-pay, and costs, making data-driven decisions possible. By establishing pricing opportunities and cost-saving initiatives, we enable organizations to remain competitive and maximize market potential. Whether it's creating dynamic pricing strategies, performing cost benchmarking, or analysing pricing effects, our customized solutions enable companies to realize sustainable growth.
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