Key Market Indicators
Romanian tungsten exports are expected to reach nearly $2.1 million by 2026, a 4.1% increase from $1.6 million in 2021. Since 1997, Romanian tungsten export has grown by an average 6.5% year-over-year. Romania was the 29th largest exporter of tungsten in 2021, with Malaysia overtaking Romania with $1.6 million. Germany, the United States and Japan were the top three tungsten exporters in 2021. Likewise, Romanian tungsten imports are projected to reach $6.1 million by 2026, a 3.7% year-over-year growth from $4.9 million in 2021. Since 1996, Romanian tungsten demand has increased 18.1% year-over-year. Romania was the 30th largest importer of tungsten in 2021, with Israel overtaking Romania's importation with $4.9 million. Germany, Japan and Austria were the top three tungsten importers in 2021.
