Key Market Indicators
Exports of tungsten from Italy are expected to reach around $26 million by 2026, a 0.9% average annual increase from $24 million in 2021. Since 1999, Italian tungsten exports have declined by 2.1% year on year. Italy ranked 10th in 2021, with Canada ahead of it at $24 million. Germany, the US and Japan were the top three in the ranking. Imports of tungsten to Italy are projected to reach $34 million by 2026, a 0.9% average annual growth from $32 million in 2021. Since 1999, Italian tungsten imports have decreased by 0.3% year on year. Italy was 11th in 2021, with Mexico in the lead at $32 million. Germany, Japan and Austria followed in the rankings.