Key Market Indicators
Bulgaria's Tungsten imports are expected to reach $2.07 million by 2026. This is up 1.5% from the 2021 total of $1.90 million. Since 2001, the country has seen a 3% drop in demand year-on-year. In 2021, Bulgaria came in at number 39, with Slovenia ranking one place higher with $1.90 million. Germany, Japan and Austria were the second, third and fourth highest importers. Meanwhile, Bulgaria's tungsten exports are forecast to reach $292,130 by 2026, a fall of 3.1% from the 2021 total of $352,230. Since 2001, the country has seen a 1.9% decrease in supply year-on-year. In 2021, Bulgaria was ranked at 42, with Norway overtaking at $352,230. The second, third and fourth highest exporters were Germany, the United States and Japan.