The global export of nitrites of metals is led by China, commanding nearly half of the market share, followed by India, the United States, and Russia. South Africa, despite its smaller share, has shown significant growth, while countries like Saudi Arabia, Poland, and the United Kingdom faced declines. Emerging markets such as Malaysia and more mature markets like Australia and Belgium are showing steady growth. Over the last year, Switzerland and Latvia have notably increased their shares, whereas countries like Canada and the United Kingdom have seen declines.
Future trends to watch include:
- Continued dominance of China, possibly with a slow increase in market share due to capacity expansions.
- Potential for India's share to grow, given its current upward trajectory.
- A greater focus on sustainability and environmental considerations which might alter demand dynamics across countries.
- Volatility arising from geopolitical tensions that could impact Russia's market share.
- Exploration of new production capacities and technologies in emerging markets which might lead to shifts in the global share landscape.
Top countries in Export of Nitrites of Metals Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 49.45 | 2023 | +1.53% | +0.99% | View data |
| 2 | 2 India | 16.66 | 2023 | +4.33% | +3.67% | View data |
| 3 | 3 United States | 10.45 | 2023 | +1.58% | +1.03% | View data |
| 4 | 4 Russia | 8.98 | 2023 | +4.43% | +5.81% | View data |
| 5 | 5 South Africa | 5.56 | 2023 | +2.67% | +79.91% | View data |
| 6 | 6 Saudi Arabia | 1.29 | 2023 | -4.91% | -6.88% | View data |
| 7 | 7 Malaysia | 1.26 | 2023 | +5.65% | +5.78% | View data |
| 8 | 8 Belgium | 0.71 | 2023 | +1.56% | +1.68% | View data |
| 9 | 9 Australia | 0.64 | 2023 | +5.91% | +3.28% | View data |
| 10 | 10 Canada | 0.54 | 2023 | -5.18% | -18.98% | View data |
