In 2023, China continues to lead as the top exporter of Bismuth, albeit with a notable decline of 10.71%. Belgium and the United States follow, both experiencing minor declines. South Korea shows promising growth at 3.23%, while Germany and Kazakhstan witness slight decreases. France and Austria display positive growth, with France experiencing an 8.61% increase. Other notable trends include Switzerland’s modest growth and the Czech Republic's and Thailand's increases. Conversely, significant declines were noted in Brazil, India, and notably Italy, which tumbled by 39.28%.
Future trends to watch include potential shifts in market leadership due to China's declining share and the continued growth of alternative markets like South Korea and France. Close attention should be paid to emerging exporters and geopolitical dynamics that may influence global supply chains.
Top countries in Export of Bismuth Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 29.46 | 2023 | -15.38% | -10.71% | View data |
| 2 | 2 Belgium | 23.81 | 2023 | +6.14% | -0.059% | View data |
| 3 | 3 United States | 10.27 | 2023 | +1.15% | -0.43% | View data |
| 4 | 4 South Korea | 10.19 | 2023 | +2.31% | +3.23% | View data |
| 5 | 5 Germany | 8.01 | 2023 | +0.064% | -1.78% | View data |
| 6 | 6 Japan | 6.46 | 2023 | +4.39% | +0.66% | View data |
| 7 | 7 France | 3.81 | 2023 | -0.21% | +8.61% | View data |
| 8 | 8 Kazakhstan | 3.34 | 2023 | +2.14% | -2.47% | View data |
| 9 | 9 Austria | 0.73 | 2023 | +5.68% | +5.61% | View data |
| 10 | 10 Switzerland | 0.51 | 2023 | +6.01% | +1.6% | View data |