Key Market Indicators
Peru's tungsten import is expected to reach $848,240 by 2026, a 2.2% increase year-on-year. Since 1997, demand in the country has grown by 15.9% annually. Peru came in 50th place in 2021, while Iran was in first with $746,050. Germany, Japan, and Austria occupied the second, third, and fourth spots, respectively. Peruvian tungsten export reached $976 in 2021, down 18.3% from the year before. Since 1997, the country's supply has fallen by 42.9% each year. Mozambique was in first place in 2021 with $976, while Peru was in 74th position. Germany, the US, and Japan were the second, third, and fourth-ranked countries, respectively.