By the year 2015, 19,905.15t of Chinese tungsten products (metal content, excluding carbide, the same below) exported, which is 3.96% less than that in 2014, the export amount of 708 million US dollars 32.46% less than that in 2014. Among them, the export quota of the original tungsten (including exports Free Trade Zone) was 13,218.47t, down 759.42t, fell 5.43%, was 85.83% the quota in 2014.

 

Chinese imported tungsten 3,418.89t (the amount of metal containing tungsten concentrate, the same below), fell 27.11%, and the imported amount is USD 102 million, down 50.69%. Among them, tungsten concentrates imported 2,488.65t, down 27.3%.

 

1. Imported amount analysis

In recent years, the level of Chinese imported tungsten is maintaining at 4,000~6,000t (metal content), however the amount is dropping to less than 4,000t in 2015. Tungsten concentrate is the mainly imported, tungsten powder and tungsten materials accounts for 2.21% of total tungsten products imported, and the proportion continued to decline.

 

In 2015, tungsten concentrate shares 2,488.65t in the China mainly imports of tungsten products, accounting for 72.79% of total imports, which is 27.39% less than that in 2014; sodium tungstate 260.50t, down 51.59%; mixture tungsten materials 250.27t, down 28.77%.

 

2. Exported amount analysis

In 2015, the Chinese net-exported amount of tungsten products is 16,486.26t, an increase of 2.81%; net-exported of USD 606 million, down 27.94%. According to the reporting data counted by ITIA from 26 member units, carbide exported 5,115.04t (convert to tungsten) in 2015 which is accounting for 29.97% of total carbide production, down 7.40%, 383 million US dollars, down 14.43 percent, accounting for 53.79% of total exports carbide enterprises, up by a positive growth turned to negative growth.

 

By 2015, the average monthly exported amount of Chinese tungsten (metal content) was 1,658.76t, down 68.37t, fell 3.96%, but in November and December, the chain exports showed a large increase, the amount in December reached more than 2,000t which means foreign companies began to replenish inventories, thus international demand for tungsten turned positive.

 

The exports of tungsten trioxide, blue tungsten oxide, ammonium paratungstate, ammonium metatungstate, mix material and tungsten wire fell respectively 0.14%, 24.89%, 44.67%, 18.45%, 20.85% and 9.14%; however, the exports of tungsten carbide, iron tungsten and tungsten powder increased respectively by 52.61%, 264.58% and 13.80%. Canceling 20% provisional export tariff on iron tungsten brought its significantly increased. The total exports of primary tungsten (original quota tungsten) 13,218.47t, down 759.42t, fell 5.43%.