Key Market Indicators
Greek import of tungsten is set to drop to $25,350 by 2026. This is a decrease of 13.7% year on year on average from $62,990 in 2021. Since 1993, the country's demand has dropped 6.4% each year. In 2021, Ecuador overtook Greece to take the 77th spot in the global ranking, while Germany, Japan and Austria were numbers 2, 3 and 4. Greek export of tungsten saw a huge decline in 2019, dropping to $1,580 from $13 in 2018. This is a decrease of 99.2% compared to the previous year. Since 2006, the country's supply has dropped by 83.4% each year. In 2019, Belarus moved ahead of Greece in the global ranking, coming in at 78th, with Germany, the United States and Japan in the top spots.
