Key Market Indicators
Kazakhstan's imports of tungsten are set to hit $400,000 by 2026, down 2.4% from $458,000 in 2021. Since 2006, demand for the metal has grown by 0.5% per year. Kazakhstan ranked 52nd in 2021, with Kyrgyzstan just ahead at $458,000. Germany, Japan, and Austria took the top three spots. Kazakhstan's exports of tungsten have seen a huge jump, with $36,000 exported in 2018, up 188.1% from 2017's $12,500. Since 2013, supply has risen by 188.7% annually. Kazakhstan was 55th in 2018, with Kenya slightly ahead at $36,000. Germany, the US and Japan held the top three spots.
