In the 2023 data for global export of cast iron baths by weight, China dominated with a substantial 66.42% share, despite a 7.13% decline from the previous year. Spain and Russia followed, holding 14.36% and 7.1% respectively, also experiencing decreases. Conversely, Malaysia and Belarus showed significant growth with increases of 21.97% and 25.06%, respectively. Notable growth was seen in Austria with a 235.33% increase, though it held a minor share. Smaller market players like Lithuania and Luxembourg demonstrated notable declines by 25.89% and 24.49% each.
Future trends to watch in the cast iron baths export market include:
- Further potential growth from emerging markets like Malaysia and Belarus, which are expanding their share rapidly.
- Continued dominance by China, though potential declines could shift market dynamics.
- The impact of geopolitical factors on Russian exports.
- Close monitoring of Austria’s increased activities, which may influence European market balance.
Top countries in Export of Baths of Cast Iron Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 66.42 | 2023 | -5.69% | -7.13% | View data |
| 2 | 2 Spain | 14.36 | 2023 | -11.5% | -10.12% | View data |
| 3 | 3 Russia | 7.1 | 2023 | -5.94% | -3.81% | View data |
| 4 | 4 Malaysia | 3.13 | 2023 | +0.29% | +21.97% | View data |
| 5 | 5 Belarus | 2.1 | 2023 | +3.35% | +25.06% | View data |
| 6 | 6 Portugal | 1.81 | 2023 | -24.49% | -17.89% | View data |
| 7 | 7 Czech Republic | 0.9 | 2023 | +5.28% | +8.11% | View data |
| 8 | 8 South Africa | 0.55 | 2023 | +3.05% | +0.47% | View data |
| 9 | 9 Poland | 0.4 | 2023 | -26.65% | -11.75% | View data |
| 10 | 10 United Kingdom | 0.3 | 2023 | -5.72% | -5.65% | View data |