World - Asbestos - Market Analysis, Forecast, Size, Trends and Insights
Asbestos Market - Russia Strengthened Its Dominance in The Global Asbestos Exports
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The global trade in asbestos amounted to 344 million USD in 2015. The value of trade remained relatively stable throughout the analyzed period, rising with a CAGR of 0.1% from 2007 to 2015.
Russia remained the global leader in the supplies of asbestos. In 2015, Russia's asbestos exports totaled 191 million USD, which accounted for a 56% share of global exports. Brazil, Kazakhstan, China, and India were the other key global suppliers of asbestos in 2015, with a 44.4% combined share of global exports.
China (+39.4% per year) and India (+7.6% per year) were the fastest growing exporters on the global asbestos market from 2007 to 2015. Russia significantly strengthened its position in the global export structure, growing its share from 41% in 2007 to 56% in 2015.
On the other hand, India (48%, based on value terms), Indonesia (15%), China (7%), Sri Lanka (6%), and Vietnam (5%) were the leading destinations of asbestos imports in 2015. Imports to Indonesia grew at a rapid pace of +14.1% per year from 2007 to 2015. By contrast, China slightly contracted its imports of asbestos over the same period. India's share of global imports increased by +17 percentage points, while the share of China illustrated negative dynamics (-6 percentage points).
Do you want to know more about the global asbestos market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- asbestos market share
- asbestos prices
- asbestos industry
- asbestos sales
- asbestos market forecast
- asbestos price forecast
- key asbestos producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global asbestos market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
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