In 2023, Germany imported 1.3351 million kilograms of tungsten and its articles. Forecasts suggest a steady decline in tungsten imports from 1.2711 million kg in 2024 to 1.0172 million kg by 2028. This represents a consistent year-on-year decrease with an average annual decline of approximately 5.1% over this five-year period, signaling a significant shrinkage in the import volume.
Future trends to watch for include:
- Technological advancements potentially reducing tungsten usage in manufacturing.
- Influence of global supply chain adjustments on tungsten availability.
- Substitution of tungsten with alternative materials in industrial applications.
- Impact of environmental policies on tungsten extraction and usage practices.
