Key Market Indicators
Portugal's tungsten imports are expected to reach $4 million by 2026, up 2.4% each year on average. Since 1993, demand has grown by an average of 2.9% annually. In 2021, Indonesia had the highest import value at $3.5 million, followed by Germany, Japan and Austria. Meanwhile, Portugal's tungsten exports decreased 20.9% in 2018 to $203,000, down from $256,400 in the previous year. Since 1993, exports have declined 3.8% annually. Latvia was the country with the highest export value at $203,000 in 2018, followed by Germany, the United States and Japan.
