The global export of silicon carbide is dominated by China, contributing significantly to the total export value. Notably, China experienced a modest increase in exports by 1.12% in 2023. Other leading exporters like the Netherlands and Germany saw decreases in their export values by 1.75% and 1.88% respectively. Sweden and Poland experienced positive growths, with variations of 2.15% and 3.3%. Meanwhile, significant decreases were observed in Japan and Romania, with reductions of 8.51% and 7.87% respectively. Emerging markets like Chile and Macedonia exhibited robust increases, highlighting potential shifts in global dynamics.
Future trends to watch include potential shifts due to geopolitical tensions affecting global trade dynamics and technological advancements boosting demand for silicon carbide in high-performance applications. Monitoring emerging markets for growth can provide insights into new global trade players.
Top countries in Export of Silicon Carbide by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 342,150,000 | 2023 | +1.29% | +1.12% | View data |
| 2 | 2 Netherlands | 54,896,000 | 2023 | -0.94% | -1.75% | View data |
| 3 | 3 Brazil | 51,129,000 | 2023 | +1.99% | -0.89% | View data |
| 4 | 4 Sweden | 42,043,000 | 2023 | +1.53% | +2.15% | View data |
| 5 | 5 Belgium | 41,796,000 | 2023 | +0.81% | -0.31% | View data |
| 6 | 6 Germany | 41,176,000 | 2023 | -1.46% | -1.88% | View data |
| 7 | 7 Russia | 39,119,000 | 2023 | +0.97% | -0.23% | View data |
| 8 | 8 Japan | 27,087,000 | 2023 | -5.11% | -8.51% | View data |
| 9 | 9 United States | 22,291,000 | 2023 | -3.23% | -4.31% | View data |
| 10 | 10 Ukraine | 20,290,000 | 2023 | +2.53% | +0.55% | View data |
