Key Market Indicators
By 2026, Spanish tungsten exports are predicted to drop 2.6% per year on average, from $2.49 million in 2021 to $2.13 million. Since 1994, exports have grown 3.3% annually. In 2021, Spain ranked 26th, behind Brazil, which had exports of $2.49 million. Germany, the US and Japan were numbers two, three and four. Meanwhile, Spanish tungsten imports are set to rise 0.4% per year on average, from $4.61 million in 2021 to $4.71 million in 2026. Since 1994, imports have grown 4.6% annually. Last year, Spain was 31st in the ranking, behind Luxembourg, which had imports of $4.61 million. Germany, Japan and Austria were numbers two, three and four.
