The forecast for China's import of tungsten ores and concentrates from 2024 to 2028 shows a gradual decline, starting from 5.6145 million kilograms in 2024 and reaching 5.49 million kilograms by 2028. In 2023, the import volume was slightly higher than in 2024, indicating the beginning of a downward trend. Year-on-year percentage variations reflect a consistent, subtle decrease each year. Over the last five years, the compound annual growth rate (CAGR) reveals a mild contraction in imports.
Future trends to watch for include potential shifts in global tungsten demand, changes in international trade policies, and any technological advancements in tungsten processing or alternative materials that could impact import volumes and strategies in China.
