In 2023, China dominated the global bismuth export market, although it faced a minor decline of 0.6% in export volume, maintaining its leadership. Belgium and South Korea followed, with 0.35% and 4.68% incremental growth respectively. Notably, France experienced a significant 15.07% growth, while Brazil and Romania saw substantial increases of 113.2% and 74.83% respectively. Conversely, Germany, Netherlands, Canada, and Spain experienced declines in their bismuth export volumes. Over the last five years, these variations indicate dynamic shifts influenced by market demand and geopolitical factors.
Looking forward, watch for China maintaining its export prowess, but potential shifts in European markets due to environmental policies and technological advancements could alter trade patterns. Emerging markets may also stimulate growth due to industrial demands. Close attention to geopolitical dynamics and technological innovations will be crucial in predicting future trends in global bismuth exports.
Top countries in Export of Bismuth by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,896,300 | 2023 | -2.77% | -0.6% | View data |
| 2 | 2 Belgium | 2,266,700 | 2023 | +6.41% | +0.35% | View data |
| 3 | 3 South Korea | 972,000 | 2023 | +4.26% | +4.68% | View data |
| 4 | 4 Kazakhstan | 862,110 | 2023 | +5.51% | +0.24% | View data |
| 5 | 5 United States | 731,980 | 2023 | +1.22% | -0.38% | View data |
| 6 | 6 Japan | 306,480 | 2023 | +4.94% | +4.32% | View data |
| 7 | 7 France | 231,720 | 2023 | +1.57% | +15.07% | View data |
| 8 | 8 Germany | 160,480 | 2023 | -2.13% | -4.22% | View data |
| 9 | 9 Bolivia | 55,950 | 2023 | +2.08% | +7.23% | View data |
| 10 | 10 Austria | 38,900 | 2023 | +5.66% | +5.56% | View data |