Tungsten Carbide Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition
Tungsten Carbide Price Trend, Index and Forecast
Track the latest insights on tungsten carbide price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.
Tungsten Carbide Prices Outlook Q3 2025
- USA: USD 50.8/KG
- China: USD 63.5/KG
- Germany: USD 50.4/KG
- Canada: USD 65.3/KG
- Austria: USD 53.6/KG
Tungsten Carbide Price Chart
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During the third quarter of 2025, the tungsten carbide prices in the USA reached 50.8 USD/KG in September. Despite modest demand improvement in some tooling segments, pricing declined, reflecting oversupply in domestic production, downward pressure from cheaper imports, and muted downstream demand from automotive machining. Energy and logistics costs remained elevated but were not sufficient to offset the drop in utilization rates and tool-buying hesitation by end-users.
During the third quarter of 2025, the tungsten carbide prices in China reached 63.5 USD/KG in September. In China, the upward movement was driven by supply tightness, export control concerns, and strong demand from wear-resistant components and cutting tools in domestic industries. Higher input costs, including raw tungsten ore and sintering energy, combined with logistics constraints, raised landed costs and supported the price rise.
During the third quarter of 2025, the tungsten carbide prices in Germany reached 50.4 USD/KG in September. German prices fell compared to the prior quarter, as tool makers delayed capital expenditures amid economic uncertainty and global demand softness weighed on consumption. Meanwhile, energy and transportation costs remained elevated in Europe, putting pressure on margins and forcing producers to negotiate downward with buyers to maintain throughput.
During the third quarter of 2025, the tungsten carbide prices in Canada reached 65.3 USD/KG in September. The Canadian market saw a decline from the previous quarter, as a rebound in supply from North American mills coincided with weaker downstream demand in mining and machining. Currency fluctuations and higher domestic logistics costs also squeezed local pricing, prompting downward adjustments.
During the third quarter of 2025, the tungsten carbide prices in Austria reached 53.6 USD/KG in September. Austria recorded a modest increase quarter-on-quarter, supported by steady demand for high-precision cutting tools and robust insulation of its local industry from major import competition. However, manufacturing cost pressures, such as electricity and compliance burdens, limited the scale of the increase.
Tungsten Carbide Prices Outlook Q2 2025
- USA: USD 57.4/KG
- China: USD 51.8/KG
- Germany: USD 56.1/KG
- Canada: USD 76.4/KG
- Austria: USD 51.2/KG
During the second quarter of 2025, the tungsten carbide prices in the USA reached 57.4 USD/KG in June. As per the tungsten carbide price chart, prices were influenced by steady growth due to its dominant aerospace and defense sectors. Besides, increased military spending and ongoing advancements in aircraft manufacturing fueled the demand for tungsten carbide powder.
During the second quarter of 2025, tungsten carbide prices in China reached 51.8 USD/KG in June. China’s tungsten prices followed a composite trajectory characterized by fluctuating gains, record-high peaks, and eventual stabilization at elevated levels. The initial price rally was fueled by strong demand from the cutting tool, automotive, and aerospace industries, where tungsten carbide remains a critical material due to its exceptional hardness and thermal stability.
During the second quarter of 2025, the tungsten carbide prices in Germany reached 56.1 USD/KG in June. Infrastructure development and the growth of the oil and gas sector helped the region's development. Due to their advanced machining and die manufacturing skills, Germany was among the top customers of tungsten carbide. The demand was largely driven by the aerospace and defense industries, where tungsten carbide is necessary for the production of vital components.
During the second quarter of 2025, the tungsten carbide prices in Canada reached 76.4 USD/KG in June. Enhanced manufacturing capabilities and supportive trade frameworks significantly contributed to the expanding use of tungsten carbide in Canada. Besides, government incentives, streamlined import-export regulations, and infrastructure investment also played a significant role.
During the second quarter of 2025, the tungsten carbide prices in Austria reached 51.2 USD/KG in June. Growth in industries like automotive, aerospace, mining, construction, and electronics, influenced demand and pricing trends. Besides, rising energy costs also impacted pricing.
Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing tungsten carbide prices.
Europe Tungsten Carbide Price Trend
Q3 2025:
In Q3 2025, the tungsten carbide price index across Europe reflected mixed movements. While some Western European markets recorded slight gains, overall pricing weakened due to subdued industrial tool demand amid economic uncertainty. Key cost components such as electricity, rail and shipping remained elevated, squeezing producer margins. Supply-chain disruptions, particularly import delays of carbide blanks and tungsten powders from Asia, introduced premium pressures. At the same time, stronger regulation of critical raw-material imports created inventory caution among buyers. These dynamics combined to produce modest upward pressure in certain geographies but constrained broad-based price escalation.
Q2 2025:
As per the tungsten carbide price index, prices in Europe were influenced by a combination of factors, including strong industrial demand, particularly in green tech and high-value manufacturing, and persistent energy cost pressures. Besides, the market showed cautious optimism mid-quarter, and labor shortages and inflation impacted costs.
This analysis can be extended to include detailed tungsten carbide price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Tungsten Carbide Price Trend
Q3 2025:
During Q3 2025, the tungsten carbide price index in North America registered a correction downward, as toolmakers and processors reduced orders in response to a softer machining market and weaker automotive output. Domestic raw-material supply improved somewhat, alleviating some previous tightness and enabling pricing negotiations. Transportation and logistics costs remained high, yet declining downstream demand and inventory overhang forced manufacturers to offer discounts and renegotiate contracts, resulting in overall price contraction in the region.
Q2 2025:
Tungsten prices in North America were witnessing an upward trend, driven by factors like tight global supply, strategic downstream demand, and logistical challenges, which also impacted prices for tungsten carbide. Besides, high input costs and ongoing logistics challenges kept tungsten production costs elevated, which in turn affected prices.
Specific tungsten carbide prices and historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Tungsten Carbide Price Trend
Q3 2025:
As per the tungsten carbide price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences.
Q2 2025:
The report explores the tungsten carbide trends and tungsten carbide price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on tungsten carbide prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Tungsten Carbide Price Trend
Q3 2025:
In Q3 2025, the Asia Pacific experienced significant upward pressure on tungsten carbide prices, led by China’s strong price increase, which rippled across regional supply chains. Raw-material tightening, export restrictions, and elevated sintering energy and logistics costs drove landed costs higher. Regional tool-making hubs in Southeast Asia competed for limited supply, further pushing pricing. Downstream industries such as electronics, mining and construction all sought carbide materials, contributing to demand-side upward pressure and limited discounting in the region.
Q2 2025:
Tungsten carbide prices in the Asia Pacific region were generally stable with a slight upward trend, driven by increased demand and supply chain tightness. Besides, infrastructure development in the Asia Pacific region was also a key driver of price fluctuations. Moreover, China’s tungsten prices witnessed fluctuating gains, record-high peaks, and stabilization at elevated levels, further impacting tungsten carbide prices.
This tungsten carbide price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Tungsten Carbide Price Trend
Q3 2025:
Latin America's tungsten carbide market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in tungsten carbide prices.
Q2 2025:
In Latin America, tungsten carbide prices were affected by high dependency on imports, with Brazil facing port congestion and delays that disrupted supply continuity. The downstream plastics and textile sectors operated with moderate demand, leading to cautious procurement. Fluctuations in the Brazilian real against the US dollar influenced the landed cost of glycol, while regional sourcing competition intensified negotiation dynamics among distributors and importers.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Tungsten Carbide Price Trend, Market Analysis, and News
IMARC's latest publication, “Tungsten Carbide Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the tungsten carbide market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of tungsten carbide at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed tungsten carbide prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting tungsten carbide pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Tungsten Carbide Industry Analysis
The global tungsten carbide market size reached USD 22.66 Billion in 2025. By 2034, IMARC Group expects the market to reach USD 34.12 Billion, at a projected CAGR of 4.66% during 2026-2034. The market is primarily driven by rising demand from cutting tools in automotive and aerospace, increased mining and construction activity, and the expansion of wear-resistant applications in electronics and oil-field equipment.
Latest News and Developments:
- April 2025: In a study, researchers examined the impact of adding tungsten carbide (WC/W2C) to nickel-based superalloy Inconel 625 (IN625) using Laser-Directed Energy Deposition (L-DED). The WC/W2C reinforcement enhanced hardness, wear resistance, and microstructural refinement, significantly influencing the alloy’s hot-workability and mechanical behavior.
Product Description
Tungsten carbide is a dense, extremely hard compound composed of tungsten and carbon atoms in equal proportions. Known for its exceptional durability, it exhibits high resistance to wear, abrasion, and high temperatures, making it ideal for cutting tools, mining equipment, and industrial machinery. Often used in the form of cemented carbide (combined with a metal binder like cobalt), it delivers outstanding toughness and performance in harsh environments. Its hardness approaches that of diamond, enabling precise machining and prolonged tool life. Additionally, tungsten carbide is utilized in jewelry, aerospace components, and defense applications due to its strength and corrosion resistance.
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Tungsten Carbide |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Tungsten Carbide Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
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| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of tungsten carbide pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
- The study examines factors affecting tungsten carbide price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The tungsten carbide price charts ensure our clients remain at the forefront of the industry.
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