Key Market Indicators
Demand for tungsten in the Netherlands is set to reach $4.7 million by 2026, a 0.5% year-on-year growth since 2021. Since 1997, the country has seen an average 5.4% increase in demand. In 2021, the Netherlands ranked 32nd, with South Africa surpassing it at $4.5 million. Germany, Japan and Austria respectively ranked 2nd, 3rd and 4th. Supply of tungsten in the Netherlands is set to reach $7 million by 2026, a 2.3% year-on-year decline since 2021. Since 1997, the country has seen an average 6.4% increase in supply. In 2021, the Netherlands ranked 18th, with Mexico ahead at $8 million. Germany, the United States and Japan respectively ranked 2nd, 3rd and 4th.