The export of asbestos from China saw significant fluctuations over the past decade. From 2013 to 2023, there was a notable decline, particularly from 2013 to 2016, with year-on-year decreases of 23.86%, 23.36%, 21.92%, and 31.07%, respectively. After 2016, a slight resurgence occurred in 2017, growing by 15.36%. However, this uptrend was short-lived, as subsequent years experienced mixed results with minor growth and declines, ranging from a 4.09% rise in 2021 to a -1.1% drop in 2022. By 2023, the export volume stood at 25.473 million kilograms.
Looking forward, the forecast for 2024 and beyond shows a continued downward trend, albeit at a slower pace. Year-on-year variations are expected to remain negative, with the CAGR averaging -0.94% over the next five years. By 2028, the export volume is projected to decrease to 24.002 million kilograms, representing a 4.62% decline from 2023 levels.
Future trends to watch for include evolving global regulations on asbestos, shifts in demand from importing countries, and potential advancements in alternative materials that could further impact the export volumes from China.
