Key Market Indicators
Iran's tungsten imports are projected to drop by 3.7% year-on-year on average until 2026. This follows a steady decline since 2002, when the country registered an 8.9% year-on-year decrease. In 2021, Iran came in 49th place in terms of tungsten imports, with Colombia overtaking it at $822,150. Germany, Japan and Austria followed as the second, third, and fourth largest importers, respectively.