Key Market Indicators
Czech imports and exports of tungsten are on the rise. In 2021, Czech tungsten imports were worth $20 million, putting it in 14th place worldwide. Canada was in the lead with $20 million, followed by Germany, Japan and Austria. Meanwhile, Czech tungsten exports are expected to reach $50 million by 2026, up from $43 million in 2021. This is an average annual growth rate of 2.7%. The UK was the top exporter in 2021, followed by Germany, the US and Japan. Since 1998, Czech tungsten exports have grown by 30.6% year on year.