In 2023, Germany led European imports of tungsten and tungsten articles, with Spain showing a significant rise at 21.5%. Slovakia experienced an 11.15% decrease, while Italy and Ireland saw increases of 5.22% and 10.29%, respectively. The UK and France both faced declines, with Belgium experiencing the steepest fall of 38.69%. Notably, Croatia's imports surged by 68.05%, while Finland and Greece showed growth at 12.4% and 13.52%.
Future trends merit attention towards Germany's market dominance, Spain's upward trajectory, and Croatia's growth potential. Monitoring any geopolitical changes and technological advancements that could impact tungsten demand and supply chains is crucial for future analysis.
Top countries in Import of Tungsten (Wolfram) and Tungsten Articles by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,336,200 | 2023 | +0.91% | -0.87% | View data |
| 2 | 2 Spain | 1,250,300 | 2023 | +23.1% | +21.5% | View data |
| 3 | 3 Slovakia | 644,290 | 2023 | -3.34% | -11.15% | View data |
| 4 | 4 Italy | 591,920 | 2023 | +12.11% | +5.22% | View data |
| 5 | 5 Poland | 484,510 | 2023 | +4.95% | -2.54% | View data |
| 6 | 6 Czechia | 368,180 | 2023 | |||
| 7 | 7 France | 309,480 | 2023 | -1.11% | -6.26% | View data |
| 8 | 8 United Kingdom | 264,410 | 2023 | -5.04% | -4.56% | View data |
| 9 | 9 Ireland | 170,170 | 2023 | +0.0053% | +10.29% | View data |
| 10 | 10 Denmark | 116,800 | 2023 | +14.04% | -12.13% | View data |
