Forecasted data for 2023 shows China's dominance in global cadmium production with a 35.18% share, followed by South Korea (19.08%) and Japan (7.82%). Year-on-year trends indicate China's production increased by 1.76%, whereas South Korea saw a slight decline of 0.22%. Significant increases were noted in the Netherlands (2.26%), Uzbekistan (3.15%), and Norway (2.79%), while Russia and Poland experienced declines of 4.22% and 2.63%, respectively. Smaller players like Bulgaria and Australia showed marginal changes. The five-year CAGR highlights steady growth in key regions, with notable industry consolidation trends.
Future Trends to Watch
Future trends in global cadmium production may see further consolidation in leading countries like China and South Korea, driven by advancements in mining technology and environmental regulations. Additionally, emerging markets may play an increasingly significant role, given their growing industrial activities and resource investments. Monitoring geopolitical factors and international trade policies will be crucial for accurately forecasting future cadmium production trends.
Top countries in Cadmium Production Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 35.18 | 2023 | +1.77% | +1.76% | View data |
| 2 | 2 South Korea | 19.08 | 2023 | +1.17% | -0.22% | View data |
| 3 | 3 Japan | 7.82 | 2023 | -0.15% | +0.1% | View data |
| 4 | 4 Canada | 7.56 | 2023 | +1.16% | +0.7% | View data |
| 5 | 5 Kazakhstan | 5.97 | 2023 | +0.26% | +0.24% | View data |
| 6 | 6 Mexico | 5.34 | 2023 | -0.074% | 0% | View data |
| 7 | 7 Netherlands | 4.84 | 2023 | +2.33% | +2.26% | View data |
| 8 | 8 Russia | 3.65 | 2023 | -1.49% | -4.22% | View data |
| 9 | 9 Peru | 3.3 | 2023 | +1.7% | +1.86% | View data |
| 10 | 10 Germany | 1.97 | 2023 | +0.2% | +0.08% | View data |
