Key Market Indicators
Armenian tungsten imports are expected to decrease by 26% in 2026 from 2021, after reaching a peak of $2,930 in 2021. This follows a 15.7% year-on-year increase since 2004. In 2021, Armenia ranked 91st, with Malta ahead at $15,160. Germany, Japan and Austria followed at numbers 2, 3 and 4. In 2019, Armenia ranked 75th, with Ecuador surpassing them at $607. Germany, the United States and Japan followed at numbers 2, 3 and 4.
