In 2023, Germany led the global export of slag wool, rock wool, and similar mineral wools with a value of $788.58 million, exhibiting modest growth of 1.52% from the previous year. The United States and Japan followed with exports worth $487.99 million and $431.55 million, growing at 2.6% and 2.87%, respectively. Significant year-on-year growth was noted in Canada (5.12%) and Australia (3.25%), while France and Belgium experienced declines of -0.94% and -2.49%, respectively. Over the past five years, the industry demonstrated steady growth, impacted by fluctuating demand and geopolitical factors.
Future trends to watch include advancements in insulation technology boosting demand, particularly driven by sustainability goals and the construction sector. Countries investing in green building practices may enhance their export capabilities. Monitoring geopolitical tensions and trade policies will be crucial as these could alter global trade dynamics for mineral wool exports.
Top countries in Export of Slag Wool, Rock Wool and Similar Mineral Wools by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 788,580,000 | 2023 | +1.85% | +1.52% | View data |
| 2 | 2 United States | 487,990,000 | 2023 | +2.11% | +2.6% | View data |
| 3 | 3 Japan | 431,550,000 | 2023 | +2.97% | +2.87% | View data |
| 4 | 4 Poland | 411,380,000 | 2023 | +3.36% | +2.7% | View data |
| 5 | 5 China | 372,040,000 | 2023 | +2.23% | +2.08% | View data |
| 6 | 6 Netherlands | 291,820,000 | 2023 | +1.37% | +1.13% | View data |
| 7 | 7 United Kingdom | 273,620,000 | 2023 | +1.21% | +0.86% | View data |
| 8 | 8 Canada | 191,390,000 | 2023 | +3.9% | +5.12% | View data |
| 9 | 9 Russia | 160,740,000 | 2023 | +4.67% | +3.28% | View data |
| 10 | 10 France | 136,400,000 | 2023 | -0.57% | -0.94% | View data |
