The global export of iron oxides and hydroxides is heavily dominated by China, accounting for nearly half of the market share. The United States and Italy follow significantly behind. Despite regional nuances, countries experienced diverse year-on-year growth, with Egypt showing a substantial increase while countries like Singapore and UAE faced notable declines. Over a five-year period, there appears to be moderate growth, with Africa, America, and parts of Europe contributing positive momentum.
Future trends to watch include potential shifts in global demand influenced by tech advancements in battery production and sustainable practices. Additionally, geopolitical factors could impact the trade flows, specifically from and to major exporters such as China and the United States.
Top countries in Export of Iron Oxides and Hydroxides Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 46.87 | 2023 | +1.46% | +1.78% | View data |
| 2 | 2 United States | 11.12 | 2023 | +0.64% | +3.01% | View data |
| 3 | 3 Italy | 6.4 | 2023 | +0.026% | +0.035% | View data |
| 4 | 4 Brazil | 4.4 | 2023 | +1.39% | +2.41% | View data |
| 5 | 5 Japan | 4.29 | 2023 | -2.92% | -4.28% | View data |
| 6 | 6 France | 3.31 | 2023 | +2.11% | +2.88% | View data |
| 7 | 7 Belgium | 2.48 | 2023 | -0.37% | -0.74% | View data |
| 8 | 8 South Korea | 2.33 | 2023 | -1.05% | -0.48% | View data |
| 9 | 9 United Kingdom | 1.98 | 2023 | -0.28% | -0.95% | View data |
| 10 | 10 India | 1.82 | 2023 | +3.85% | +3.89% | View data |