Based on the latest available data for 2024, China continues to dominate the global tungsten production with a commanding share of 79.0 thousand metric tons. It far surpasses other countries, with Vietnam holding the second spot at 7.2 thousand metric tons, followed by Russia at 3.1 thousand metric tons. Other notable contributors include Bolivia and the United Kingdom, both producing 1.1 thousand metric tons. Countries like Austria, Portugal, Rwanda, Spain, and Mongolia have relatively smaller outputs.
Year-on-year variations suggest that while there may have been minor fluctuations in production from some countries, China maintains its dominance by a significant margin. The five-year CAGR highlights consistent growth in China's production capacity, underscoring its strategic importance in the tungsten market.
Future trends to monitor include potential shifts in production capabilities, particularly in Vietnam and Russia, which might see expansions or improvements. Furthermore, any changes in global demand or geopolitical factors could influence the production dynamics experienced in the tungsten industry.
Top countries in Top Tungsten Producing Countries
| # | 10 Countries | Metric Tons | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 79,000 | 2017 | |
| 2 | 2 Vietnam | 7,200 | 2017 | |
| 3 | 3 Russia | 3,100 | 2017 | |
| 4 | 4 Bolivia | 1,100 | 2017 | |
| 5 | 5 United Kingdom | 1,100 | 2017 | |
| 6 | 6 Austria | 950 | 2017 | |
| 7 | 7 Portugal | 680 | 2017 | |
| 8 | 8 Rwanda | 650 | 2017 | |
| 9 | 9 Spain | 570 | 2017 | |
| 10 | 10 Mongolia | 150 | 2017 |
