In 2023, China dominated the global export market of goods containing magnesite, dolomite, or chromite, with a significant year-on-year growth of 4.53%. Spain and Brazil also showed positive growth, with increments of 3.12% and 4.17% respectively, while Poland, the Netherlands, and Germany experienced contractions. Notably, Egypt's export exploded with an astounding growth of 123.74%, followed by Hungary at 9.83% and Slovenia at 188.34%. Conversely, Japan and Lithuania faced significant declines of over 17%.
Future trends to watch include the potential for continued growth in emerging markets like Egypt, where rapid increases indicate a strengthening export infrastructure. Additionally, the ongoing decline in European countries could signal a need for strategic shifts or technological advancements. Monitoring these shifts, particularly in China’s expansion and Europe’s reduction, will be crucial for stakeholders in this sector.
Top countries in Export of Articles Containing Magnesite, Dolomite or Chromite by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 514,500,000 | 2023 | +3.88% | +4.53% | View data |
| 2 | 2 Spain | 48,446,000 | 2023 | +3.95% | +3.12% | View data |
| 3 | 3 Poland | 39,883,000 | 2023 | +2.07% | -1.64% | View data |
| 4 | 4 Brazil | 31,954,000 | 2023 | +4.37% | +4.17% | View data |
| 5 | 5 Netherlands | 7,626,600 | 2023 | +1.45% | -3.13% | View data |
| 6 | 6 Norway | 3,987,500 | 2023 | -1.6% | -1.24% | View data |
| 7 | 7 Germany | 2,817,200 | 2023 | -33.32% | -4.48% | View data |
| 8 | 8 Denmark | 1,873,800 | 2023 | +0.99% | -1.85% | View data |
| 9 | 9 Finland | 767,620 | 2023 | +2.53% | +3.11% | View data |
| 10 | 10 India | 666,220 | 2023 | +5.51% | +0.82% | View data |
