Key Market Indicators
Slovak exports of tungsten are projected to hit $742,000 by 2026, a 3.7% increase from 2021’s $594,000. Since 1999, the country's supply has risen an impressive 20.8% each year. Hungary came in first in 2021 at $594,000, followed by Germany, the US and Japan. Imports of tungsten to Slovakia are expected to drop 1.5% to $1,102,000 by 2026 from 2021’s $1,202,000. Since 1999, demand has grown a modest 0.8% annually. Denmark came in first in 2021 at $1,202,000, followed by Germany, Japan and Austria.