| Product Code: ETC4652684 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
New Zealand`s tungsten import shipments in 2024 continued to be dominated by South Africa and Australia, reflecting the strong trade relationships in the region. The high Herfindahl-Hirschman Index (HHI) indicates a concentration of imports from a few key suppliers. The compound annual growth rate (CAGR) for tungsten imports from 2020 to 2024 saw a decline of -23.43%, but there was a significant growth spurt in 2024 with a growth rate of 124.67% compared to the previous year, signaling potential shifts in the market dynamics.

Tungsten, as a strategic metal, holds importance in New Zealand industrial and manufacturing sectors. The tungsten market encompasses mining, refining, and the production of tungsten products for various applications, including electronics, aerospace, and automotive industries.
The primary driver of the New Zealand Tungsten market is the increasing demand from the electronics and aerospace industries. Tungsten`s unique properties, such as high melting point and density, make it essential for various high-tech applications, boosting its market.
The Tungsten Market encounters challenges associated with market concentration, geopolitical risks, and sustainability concerns. Tungsten, a strategic metal with diverse industrial applications, is predominantly mined and processed in a few key producing countries. Geopolitical tensions, trade disputes, and supply chain vulnerabilities can disrupt tungsten supply and affect global market dynamics. Moreover, addressing environmental and social sustainability issues, such as resource depletion, mine closure rehabilitation, and labor rights, is essential for fostering responsible tungsten mining practices and ensuring the resilience of the tungsten supply chain.
Government policies in New Zealand Tungsten market may include mining regulations, environmental protections, and export controls. The government may impose licensing requirements, environmental impact assessments, and land reclamation obligations on tungsten mining operations.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 New Zealand Tungsten Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Tungsten Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Tungsten Market - Industry Life Cycle |
3.4 New Zealand Tungsten Market - Porter's Five Forces |
3.5 New Zealand Tungsten Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.6 New Zealand Tungsten Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 New Zealand Tungsten Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for tungsten in industrial applications such as manufacturing, automotive, and electronics. |
4.2.2 Increasing investments in mining and exploration activities in New Zealand. |
4.2.3 Favorable government policies and regulations supporting the mining industry. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of tungsten in the global market. |
4.3.2 Environmental concerns and regulations impacting mining operations in New Zealand. |
4.3.3 Competition from other tungsten-producing countries affecting market share. |
5 New Zealand Tungsten Market Trends |
6 New Zealand Tungsten Market Segmentations |
6.1 New Zealand Tungsten Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Tungsten Market Revenues & Volume, By Tungsten Carbide, 2021-2031F |
6.1.3 New Zealand Tungsten Market Revenues & Volume, By Metal Alloys, 2021-2031F |
6.1.4 New Zealand Tungsten Market Revenues & Volume, By Mill Products, 2021-2031F |
6.1.5 New Zealand Tungsten Market Revenues & Volume, By Others, 2021-2031F |
6.2 New Zealand Tungsten Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Tungsten Market Revenues & Volume, By Automotive Parts, 2021-2031F |
6.2.3 New Zealand Tungsten Market Revenues & Volume, By Aerospace Components, 2021-2031F |
6.2.4 New Zealand Tungsten Market Revenues & Volume, By Drilling, Boring & Cutting Equipment, 2021-2031F |
6.2.5 New Zealand Tungsten Market Revenues & Volume, By Logging Equipment, 2021-2031F |
6.2.6 New Zealand Tungsten Market Revenues & Volume, By Electrical & Electronics Appliances, 2021-2031F |
6.2.7 New Zealand Tungsten Market Revenues & Volume, By Others, 2021-2031F |
7 New Zealand Tungsten Market Import-Export Trade Statistics |
7.1 New Zealand Tungsten Market Export to Major Countries |
7.2 New Zealand Tungsten Market Imports from Major Countries |
8 New Zealand Tungsten Market Key Performance Indicators |
8.1 Tungsten price index. |
8.2 Number of new mining permits issued in New Zealand. |
8.3 Export volume of tungsten products from New Zealand. |
9 New Zealand Tungsten Market - Opportunity Assessment |
9.1 New Zealand Tungsten Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.2 New Zealand Tungsten Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 New Zealand Tungsten Market - Competitive Landscape |
10.1 New Zealand Tungsten Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Tungsten Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |