The global export landscape for unwrought tungsten, including bars and rods obtained simply by sintering, reveals Germany as the dominant exporter, holding a significant portion of the market share. Other key players include China, the United Kingdom, and Japan. Notably, Canada's exports grew significantly by 23.32%, suggesting an expanding market role. In contrast, some European nations like the Czech Republic and Sweden demonstrated a contraction in their share. The U.S. shows a slight decline, while emerging markets like Chile and Luxembourg experienced notable growth.
Future trends to watch include China's increasing influence, driven by its expanding manufacturing capabilities. Also, attention should be given to the potential for increased exports from fast-growing markets such as Canada and Chile. The evolving global supply chain dynamics and geopolitical factors may influence these trends.
Top countries in Export of Unwrought Tungsten, Including Bars and Rods Obtained Simply by Sintering Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30.57 | 2023 | +2.82% | +1.46% | View data |
| 2 | 2 China | 17.39 | 2023 | +6.39% | +3.36% | View data |
| 3 | 3 United Kingdom | 11.66 | 2023 | +1.86% | +1.16% | View data |
| 4 | 4 Japan | 5.3 | 2023 | +2.82% | +6.34% | View data |
| 5 | 5 United States | 4.29 | 2023 | -1.69% | -0.26% | View data |
| 6 | 6 Thailand | 3.07 | 2023 | +5.74% | +5.77% | View data |
| 7 | 7 Mexico | 2.45 | 2023 | +4.67% | +2.93% | View data |
| 8 | 8 India | 2.27 | 2023 | +3.46% | +1.11% | View data |
| 9 | 9 South Africa | 2.04 | 2023 | +2.85% | +2.38% | View data |
| 10 | 10 South Korea | 2.03 | 2023 | +1.45% | +2.74% | View data |
