Key Market Indicators
Paraguay is set to import $8,870 of tungsten by 2026, a decrease of nearly 10% from 2021. Since 1998, the country's demand for tungsten has increased by 10% annually. In 2021, Paraguay was at number 90 on the list of top tungsten importers, with Armenia taking the lead at $16,050. Germany, Japan, and Austria followed at numbers 2, 3, and 4 respectively.