The global export of artificial corundum is dominated by China, controlling over half the market share. Germany and Brazil follow as distant second and third leaders. Major changes include Bahrain and Oman showing notable year-on-year increases while Japan and South Korea face declines. Noteworthy are Russia's relatively steady export volumes despite global market challenges, and Gulf states like Bahrain aligning closer with China's dominant position. Smaller economies such as Lithuania and Colombia, however, exhibit growth conditions, emphasizing varied expansion opportunities globally.
Future trends in artificial corundum exports will likely involve the stronghold countries like China enhancing their market share with strategic regional collaborations. Moreover, sustainability pressures and shifting technological advances could reshape the competitive dynamics, possibly leading to emerging players and renewed strategies in this sector.
Top countries in Export of Artificial Corundum Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 53.05 | 2023 | +2.76% | +2.42% | View data |
| 2 | 2 Germany | 8.41 | 2023 | +2.1% | +1.5% | View data |
| 3 | 3 Brazil | 7.06 | 2023 | +3.54% | +3.78% | View data |
| 4 | 4 United States | 5.05 | 2023 | +1.21% | +0.64% | View data |
| 5 | 5 Italy | 3.85 | 2023 | +2.43% | +1.4% | View data |
| 6 | 6 Hungary | 3.12 | 2023 | +1.23% | +1.17% | View data |
| 7 | 7 Belgium | 2.77 | 2023 | +3.4% | +2.26% | View data |
| 8 | 8 Russia | 2.62 | 2023 | +2.97% | +2.95% | View data |
| 9 | 9 Bahrain | 2.42 | 2023 | +4.91% | +5.24% | View data |
| 10 | 10 Japan | 2.2 | 2023 | -0.17% | -2.01% | View data |
