Key Market Indicators
Zambia's imports of tungsten are set to hit $141,000 by 2026, up from $114,080 in 2021. This is an annual growth rate of 3.6%. Since 2000, the country's demand for tungsten has increased by an average of 21.6% each year. In 2021, Zambia placed 67th in global rankings, behind Angola with $114,080. Germany, Japan and Austria ranked 2nd, 3rd and 4th respectively. Meanwhile, Zambia's domestic supply of tungsten has decreased by 38.5% annually since 2001. In 2018, it was 68th in the global rankings, behind Kyrgyzstan with $3,000. Germany, the US and Japan came in 2nd, 3rd and 4th respectively.
