Key Market Indicators
Bahrain is set to experience a surge in tungsten exports over the next five years, with an average yearly growth of 4.5%. In 2021, the country was ranked 33rd globally, with exports of $990,310. Argentina was ranked ahead in 32nd place, while Germany, the United States and Japan respectively came in 2nd, 3rd and 4th. Meanwhile, Bahraini tungsten imports are set to reach $106,990 by 2026, a 2.5% year-on-year growth on average. Since 2005, demand has decreased by 10.7% year-on-year. In 2021, the country was ranked 71st globally, behind Zambia who were at $92,460. Germany, Japan and Austria were respectively ranked 2nd, 3rd and 4th.
