Key Market Indicators
Vietnamese imports of tungsten are projected to reach $14 million by 2026, up 1.3% annually from 2021's figure of $13 million. Since 2006, Vietnam's demand has dropped 0.3% each year. Germany, Japan and Austria held the second, third and fourth spots in the ranking, respectively. Vietnamese exports of tungsten are expected to hit $5.8 million by 2026, increasing 0.9% annually from 2021's figure of $5.5 million. Since 2006, Vietnam's supply has grown 4.6% annually. Germany, the United States and Japan were ranked second, third and fourth, respectively.
