Key Market Indicators
South African Tungsten Imports are projected to drop 3% year on year, reaching $3.7 million by 2026. In 2021, South Africa was ranked 33rd in tungsten imports, with Spain topping the list at $4.4 million. Germany, Japan and Austria came in second, third and fourth, respectively. South African Tungsten Exports, on the other hand, are projected to increase 1.8% year on year, reaching $8.2 million by 2026. In 2021, Singapore was the leader with $7.4 million, followed by Germany, the United States and Japan. South Africa ranked 20th in exports that year. Since 2005, South African supply has grown 8.6% year on year.
