In 2023, China dominated global tungsten wire exports, followed by the United States and Germany. Significant growth was observed in India (3.97%) and Malaysia (6.88%), with notable surges in Poland (48.97%) and Denmark (45.06%). However, Japan's exports dropped by 5.86%, and the Netherlands faced a decline of 47.58%. Over the past five years, the sector witnessed an average variation per year, indicating stability despite occasional fluctuations.
For future trends, watch for technological advancements in applications of tungsten wire, geopolitical shifts affecting supply chains, and emerging markets like Southeast Asia driving demand. These factors may alter the current country rankings in exports.
Top countries in Export of Tungsten (Wolfram) Wire Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 27.6 | 2023 | -0.8% | -0.5% | View data |
| 2 | 2 United States | 20.78 | 2023 | +2.36% | +2.06% | View data |
| 3 | 3 Germany | 11.88 | 2023 | +1.17% | +1.83% | View data |
| 4 | 4 Japan | 10.41 | 2023 | -5.64% | -5.86% | View data |
| 5 | 5 India | 8.02 | 2023 | +1.86% | +3.97% | View data |
| 6 | 6 South Korea | 5.01 | 2023 | -2.13% | -2.58% | View data |
| 7 | 7 Czech Republic | 4.63 | 2023 | +1.94% | -0.82% | View data |
| 8 | 8 Sweden | 2.8 | 2023 | -0.24% | +1.46% | View data |
| 9 | 9 Singapore | 1.46 | 2023 | +4.87% | +3.47% | View data |
| 10 | 10 Malaysia | 1.32 | 2023 | +4.81% | +6.88% | View data |
