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Belgium Tungsten Industry Outlook 2022 - 2026

See how Belgium Tungsten performed compared to key markets such as China, Germany and the United States.

Key Market Indicators

Belgian tungsten exports are predicted to drop 12% by 2026, according to the latest figures. In 2021, Swiss exports of tungsten overtook Belgium's $8.1 million, while Germany, the United States and Japan came in second, third and fourth. Belgian tungsten imports are also set to decline 17.6% by 2026. In 2021, Costa Rica's imports of tungsten were higher than Belgium's $5.6 million, with Germany, Japan and Austria coming in second, third and fourth. Since 2004, Belgian demand for tungsten has decreased by 10.6% each year.

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Belgium Tungsten Market Data and Forecasts