The 2023 data shows China as the dominant bismuth producer, contributing significantly more than other countries, with 14 thousand metric tons. While China's production decreased slightly year-on-year, Laos, the second-largest producer, maintained a stable output level. Mexico, despite its smaller scale, displayed a slight increase in production. Canada and Russia's contributions remain minimal. The CAGR over the last five years presents China stabilizing its output after previous growth, while other countries have either seen modest growth or stability. Looking ahead, trends indicate increased exploration and development efforts in countries like Mexico and Laos.
Future trends to watch include:
- Technological advancements enhancing extraction processes.
- Geopolitical factors affecting production in smaller countries.
- Potential environmental regulations impacting mining operations worldwide.
Top countries in Top Bismuth Producing Countries
| # | 7 Countries | Metric Tons | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 14,000 | 2016 | |
| 2 | 2 Laos | 2,000 | 2016 | |
| 3 | 3 Mexico | 539 | 2016 | |
| 4 | 4 Japan | 428 | 2016 | |
| 5 | 5 Kazakhstan | 140 | 2016 | |
| 6 | 6 Canada | 25 | 2016 | |
| 7 | 7 Russia | 4 | 2016 |
