China leads the global export of natural magnesium carbonate, with a substantial value of 1.1322 billion USD in 2023, accounting for the largest share. Brazil and Germany follow, though with significantly lower values. Among high-growth countries, Slovenia stands out with a remarkable 147.32% increase, and Brunei with 217.05%. Conversely, notable declines are observed in Bulgaria at -17.46% and Belarus at -44.36%. The overall market showcases moderate growth, while individual country performances vary widely.
Future trends to watch include China's potential to further solidify its dominance. Additionally, countries with high percentage growth, such as Slovenia and Brunei, may emerge as stronger players. The geopolitical landscape and economic policies will continue to shape global export dynamics.
Top countries in Export of Natural Magnesium Carbonate by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,132,200,000 | 2023 | +3.82% | +1.56% | View data |
| 2 | 2 Brazil | 159,370,000 | 2023 | +4.1% | +3.36% | View data |
| 3 | 3 Germany | 94,673,000 | 2023 | +3.21% | +2.22% | View data |
| 4 | 4 Slovakia | 94,270,000 | 2023 | +0.77% | -0.89% | View data |
| 5 | 5 United States | 83,111,000 | 2023 | +3.02% | +1.98% | View data |
| 6 | 6 Japan | 82,406,000 | 2023 | +1.2% | +1.8% | View data |
| 7 | 7 Spain | 80,113,000 | 2023 | +1.88% | +1.13% | View data |
| 8 | 8 Israel | 72,323,000 | 2023 | +2.64% | +2.68% | View data |
| 9 | 9 Ireland | 47,803,000 | 2023 | +3.26% | +2.22% | View data |
| 10 | 10 Greece | 38,566,000 | 2023 | +1.11% | -0.91% | View data |