In 2023, Austria was the leading producer of tungsten articles in Europe, with approximately 7 million kilograms, followed by France, Germany, and Italy. Austria experienced a slight decline of 1.19% year-on-year, while France showed modest growth at 0.48%. Germany decreased by 1.79%, and Italy saw a significant increase of 8.71%. Denmark, although negligible in scale, saw a reduction of 3.58%.
Future trends to watch for include:
- Technological advancements influencing production efficiency and capacity.
- Policy changes and environmental regulations impacting production scales.
- Innovation in tungsten applications potentially driving demand shifts.
- Geopolitical factors affecting trade dynamics within the EU.
Top countries in Sold Production of Tungsten (Wolfram) and Tungsten Articles by Country
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 7,005,500 | 2023 | +2.09% | -1.19% | View data |
| 2 | 2 France | 1,735,900 | 2023 | +2.14% | +0.48% | View data |
| 3 | 3 Germany | 1,400,900 | 2023 | +5.59% | -1.79% | View data |
| 4 | 4 Italy | 494,430 | 2023 | +30.92% | +8.71% | View data |
| 5 | 5 Denmark | 5 | 2023 | +25% | -3.58% | View data |
