Key Market Indicators
Filipina tungsten exports are projected to reach nearly $2 million by 2026, a 4.4% year-on-year average growth rate based on a 2021 figure of $1.49 million. Since 2008, the supply has jumped by 35.3% year-on-year. In 2021, the country ranked 30th globally; Romania overtook with $1.49 million while Germany, the United States and Japan followed in second, third and fourth place, respectively. Filipina tungsten imports are set to reach $17.5 million by 2026, a 4.4% year-on-year average rate based on 2021's $13.5 million. Since 2001, demand has grown 18.7% year-on-year. The country came 18th in 2021, with Poland at $13.5 million and Germany, Japan and Austria taking second, third and fourth place, respectively.
