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Hungary Tungsten Industry Outlook 2021

See how Hungary Tungsten performed compared to key markets such as China, Germany and the United States.

Key Market Indicators

Hungarian exports of tungsten dropped 5.8% in 2021 compared to the previous year, totaling $506,670. This is 14.3% lower than in 2000. Chile led the rankings, while Germany, the United States, and Japan occupied the next three spots. Meanwhile, imports of tungsten are expected to reach $10.8 million by 2026, growing an average of 2.2% year-on-year since 1997. Malaysia topped the rankings for 2021, followed by Germany, Japan, and Austria.

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