Key Market Indicators
Macedonian Tungsten Export is forecast to reach $295 by 2026, up 0.4% year on year on average. Since 2003, the country's supply has decreased by 24%. Armenia overtook Macedonia as the 76th largest exporter in 2021, while Germany, the US and Japan respectively ranked 2nd, 3rd and 4th. Macedonian Tungsten Import is set to increase to $13,330 by 2026, growing 1.8% year on year on average. Since 1999, demand has decreased by 0.7%. The Dominican Republic overtook Macedonia as the 97th largest importer in 2021, with Germany, Japan and Austria occupying the 2nd, 3rd and 4th places.