Key Market Indicators
Mozambique's tungsten exports are expected to reach $3,270 by 2026, up from $2,680 in 2021. That's an average growth of 3.4% year-on-year since 2017. In 2021, Mozambique ranked 69th for tungsten exports, having been overtaken by Zambia at $2,680. Germany, the United States and Japan were the top three tungsten exporters in 2021. Mozambique's tungsten imports are forecast to hit $1,240 by 2026, down from $2,630 in 2021. This would represent an average fall of 12.5% year-on-year since 2005. Mozambique came in at 114th in 2021, with Zimbabwe higher up at $2,630. Germany, Japan and Austria were the top three tungsten importers in 2021.