In 2023, China leads the global export of macadam from industrial waste with $25.346 million, showing a 2.27% increase. Sweden follows with $2.9869 million, growing by 3.67%, while Belgium, the third-largest exporter, decreased by 18.36% to $1.718 million. Russia, Latvia, Finland, and Switzerland showed positive growth, with Latvia increasing significantly by 19.28%. Japan witnessed the highest growth rate at 46.85%. On the other hand, the United States and the United Kingdom experienced declines. Despite these fluctuations, the industry's five-year compound annual growth rate indicates an overall upward trend in export values.
Future trends to watch include China's continued dominance in exports and the potential for growth in emerging markets like Latvia and Japan, driven by technological advancements and increased demand for recycled materials. Monitoring regulatory changes and trade policies will also be crucial as they can significantly influence export dynamics in this sector.
Top countries in Export of Macadam Of Slag, Dross or Similar Industrial Waste by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 25,346,000 | 2023 | +2.63% | +2.27% | View data |
| 2 | 2 Sweden | 2,986,900 | 2023 | +2.95% | +3.67% | View data |
| 3 | 3 Belgium | 1,718,000 | 2023 | -22.44% | -18.36% | View data |
| 4 | 4 Russia | 787,090 | 2023 | +2.67% | +4.63% | View data |
| 5 | 5 Latvia | 673,410 | 2023 | +3.26% | +19.28% | View data |
| 6 | 6 Finland | 568,550 | 2023 | -0.55% | +0.74% | View data |
| 7 | 7 Switzerland | 390,020 | 2023 | +6.34% | +10.94% | View data |
| 8 | 8 United States | 111,620 | 2023 | -2.35% | -5.38% | View data |
| 9 | 9 United Arab Emirates | 95,070 | 2023 | +6.47% | +3.63% | View data |
| 10 | 10 Japan | 72,870 | 2023 | +5.6% | +46.85% | View data |
