Key Market Indicators
Saudi Tungsten imports are predicted to reach $1.6 million by 2026, a 4.8% decrease from 2021's figures. This is slightly below the average growth of 17.4% per year since 1996. In 2021, Saudi Arabia was the 37th largest importer of Tungsten, behind Sweden's $2.1 million. Germany, Japan and Austria were the next largest importers. Since 1997, Saudi Arabia's Tungsten supply has decreased by 60.5% per year on average. In 2018, the country was the 63rd largest exporter of Tungsten, behind Bosnia and Herzegovina's $11,730. Germany, the United States and Japan followed as the next largest exporters.
