In 2023, South Korea dominated the global cadmium export market, with significant lead over China, Canada, and Japan. Notable growth was seen in South Korea and Peru with year-on-year increases of 3% and 4.76% respectively. Meanwhile, Russia and France exhibited declines at -1.99% and -2.4%. Malaysia showed substantial growth at 4.1%, contrasting with significant drops in the Netherlands and the United States at -17.34% and -23.09% respectively. Over the past five years, South Korea and Japan have shown a strong CAGR in exports.
Future trends to watch involve potential shifts due to environmental regulations, technological advancement in recycling, and market demands affecting the positioning of major exporting countries. China's movement toward sustainability and recycling innovations could reshape its export strategy.
Top countries in Export of Cadmium by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 15,676,000 | 2023 | +5.22% | +3% | View data |
| 2 | 2 China | 6,978,300 | 2023 | +5.78% | +1.9% | View data |
| 3 | 3 Canada | 4,793,100 | 2023 | +0.79% | +1.35% | View data |
| 4 | 4 Japan | 4,057,300 | 2023 | +3.12% | +3.31% | View data |
| 5 | 5 Peru | 2,446,000 | 2023 | +5.9% | +4.76% | View data |
| 6 | 6 Kazakhstan | 1,976,600 | 2023 | -1.33% | -0.67% | View data |
| 7 | 7 Russia | 1,672,500 | 2023 | +0.84% | -1.99% | View data |
| 8 | 8 Germany | 1,133,300 | 2023 | +1% | +0.45% | View data |
| 9 | 9 France | 1,112,700 | 2023 | -1.05% | -2.4% | View data |
| 10 | 10 Norway | 981,880 | 2023 | +3.23% | +0.28% | View data |
