As of 2024, China's dominance in global silicon carbide exports is significant, capturing 44.35% of the market. Other notable exporters include the Netherlands (7.12%), Brazil (6.63%), Sweden (5.45%), and Belgium (5.42%). The U.S. holds a modest share at 2.89%. Over the past year, emerging trends show China's exports growing by 1.12%, while most European countries and Japan experienced declines. While Chile and Macedonia saw the most significant growth, Japan, Romania, and South Korea faced notable decreases in exports.
Looking to the future, watch for shifts towards nations investing in renewable energy and electronic industries, as these sectors may drive demand for silicon carbide. Countries leveraging technological advancements and reducing logistical barriers could see increased export shares. Additionally, geopolitical tensions and trade policies will significantly influence global silicon carbide trade dynamics in upcoming years.
Top countries in Export of Silicon Carbide Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 44.35 | 2023 | +1.29% | +1.12% | View data |
| 2 | 2 Netherlands | 7.12 | 2023 | -0.94% | -1.75% | View data |
| 3 | 3 Brazil | 6.63 | 2023 | +1.99% | -0.89% | View data |
| 4 | 4 Sweden | 5.45 | 2023 | +1.53% | +2.15% | View data |
| 5 | 5 Belgium | 5.42 | 2023 | +0.81% | -0.31% | View data |
| 6 | 6 Germany | 5.34 | 2023 | -1.46% | -1.88% | View data |
| 7 | 7 Russia | 5.07 | 2023 | +0.97% | -0.23% | View data |
| 8 | 8 Japan | 3.51 | 2023 | -5.11% | -8.51% | View data |
| 9 | 9 United States | 2.89 | 2023 | -3.23% | -4.31% | View data |
| 10 | 10 Ukraine | 2.63 | 2023 | +2.53% | +0.55% | View data |
