China dominated the global cadmium market in 2023 with a production of 8.95 thousand metric tons, marking a 1.76% year-on-year increase. South Korea and Japan ranked second and third, each with slight variations; South Korea fell by 0.22% while Japan saw a 0.1% rise. Canada, Kazakhstan, Mexico, and the Netherlands experienced modest growth, while Russia's output decreased by 4.22%. Other producers like Uzbekistan and Norway showed notable increases. The five-year CAGR indicates stability across most countries, with minor shifts in production levels.
Future trends to watch include technological advancements driving efficiency in production and possible policy changes affecting the industry dynamics. China's continued dominance, alongside emerging capabilities in smaller producers, could reshape global cadmium production profiles.
Top countries in Cadmium Production by Country
| # | 10 Countries | Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 8,950 | 2023 | +1.77% | +1.76% | View data |
| 2 | 2 South Korea | 4,850 | 2023 | +1.17% | -0.22% | View data |
| 3 | 3 Japan | 1,990 | 2023 | -0.15% | +0.1% | View data |
| 4 | 4 Canada | 1,920 | 2023 | +1.16% | +0.7% | View data |
| 5 | 5 Kazakhstan | 1,520 | 2023 | +0.26% | +0.24% | View data |
| 6 | 6 Mexico | 1,360 | 2023 | -0.074% | 0% | View data |
| 7 | 7 Netherlands | 1,230 | 2023 | +2.33% | +2.26% | View data |
| 8 | 8 Russia | 927 | 2023 | -1.49% | -4.22% | View data |
| 9 | 9 Peru | 839 | 2023 | +1.7% | +1.86% | View data |
| 10 | 10 Germany | 502 | 2023 | +0.2% | +0.08% | View data |