In 2023, China led the global export market of Activated Natural Mineral Products, Animal Black with $108 million, followed by the United States at $94.41 million and Greece at $85.106 million. Year-on-year, significant growth was observed in countries like Burkina Faso (7.74%), India (5.07%), and Malaysia (4.14%), while countries like Mexico (-7.54%) and the Philippines (-20.04%) saw declines. Over the last five years, exports grew steadily, with diverse trends appearing across various nations, influenced by both economic conditions and market demand fluctuations.
Future trends to watch include the strengthened position of emerging markets which show robust growth rates, such as Burkina Faso and Kazakhstan. Furthermore, sustainable practices in product extraction and processing are likely to become crucial production factors to meet global environmental standards. Additional attention should be paid to how geopolitical factors may impact trade relations, potentially shifting the balances in this market.
Top countries in Export of Activated Natural Mineral Products, Animal Black by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 108,000,000 | 2023 | +3.62% | +3.74% | View data |
| 2 | 2 United States | 94,410,000 | 2023 | +0.11% | +0.023% | View data |
| 3 | 3 Greece | 85,106,000 | 2023 | +1.16% | -0.28% | View data |
| 4 | 4 Germany | 84,473,000 | 2023 | +0.24% | -0.13% | View data |
| 5 | 5 Spain | 49,589,000 | 2023 | +2.75% | +2.85% | View data |
| 6 | 6 Belgium | 36,802,000 | 2023 | +1.75% | +2.26% | View data |
| 7 | 7 Indonesia | 36,403,000 | 2023 | +1.58% | -0.11% | View data |
| 8 | 8 France | 33,892,000 | 2023 | -0.38% | -0.56% | View data |
| 9 | 9 Mozambique | 31,162,000 | 2023 | -18.51% | -1.59% | View data |
| 10 | 10 India | 28,314,000 | 2023 | +4.25% | +5.07% | View data |