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.