The global export landscape of nitrites of metals is dominated by China, with a significant lead in export value, followed by India and the United States. Among the highlighted countries, South Africa exhibited the highest year-on-year growth in 2023. India and Russia are also notable for their robust growth in exports, whereas the United States has shown a moderate increase. Conversely, countries like Saudi Arabia, Poland, and the United Kingdom experienced declining trends. Canada and Japan saw substantial reductions in their export values, significantly impacting their market share.
Looking ahead, emerging markets such as Malaysia and Thailand, with their rising export percentages, could be key players in the future. The stability of China's export dominance poses a challenge for other nations striving to increase their market share. Economic and political factors, particularly in regions like the United Kingdom with steep declines, may further influence global trade patterns in nitrites of metals.
Top countries in Export of Nitrites of Metals by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 32,927,000 | 2023 | +2.88% | +2.22% | View data |
2 | 2 India | 13,989,000 | 2023 | +4.55% | +3.44% | View data |
3 | 3 United States | 7,720,600 | 2023 | +1.62% | +1.66% | View data |
4 | 4 Russia | 5,551,200 | 2023 | +4.53% | +4.1% | View data |
5 | 5 South Africa | 2,836,900 | 2023 | +2.65% | +47.23% | View data |
6 | 6 Saudi Arabia | 2,554,800 | 2023 | +0.87% | -1.47% | View data |
7 | 7 Sweden | 1,081,900 | 2023 | +2.32% | +2.56% | View data |
8 | 8 Australia | 848,300 | 2023 | +5.84% | +5.12% | View data |
9 | 9 Poland | 825,490 | 2023 | -4.42% | -4.83% | View data |
10 | 10 Namibia | 771,080 | 2023 | +5.13% | +5.53% | View data |