Bismuth Market - China Overpowers Global Bismuth Market

Other Mining And Quarrying November 11, 2016
Author: Maria Fadeeva
Market Analyst

bismuth market

Photo: © vvoevale / Bigstockphoto

The global trade in bismuth amounted to 151 million USD in 2015, fluctuating wildly over the period under review. Exports took a dip in 2008 and continued falling in 2009, reversing the trend the year after. They fell again in 2012, grew for the next two years, and ended 2015 with a decline.

According to IndexBox estimates, China continued to dominate in global supplies of bismuth, increasing its share over the period under review. In 2015, China's bismuth exports totaled 104 million USD, which accounted for a 69% share in terms of global exports. The UK, USA, Mexico, and the Republic of Korea were the other key global suppliers of bismuth in 2015, with a 17% combined share of global exports.

The Republic of Korea (+2.8% per year) was the only global supplier of bismuth that increased its exports over the period under review. The balance of key suppliers contracted their exports. China significantly strengthened its position in terms of the global exports of bismuth, growing its share from 44% in 2007 to 69% in 2015.

On the other hand, USA (24%, based on value terms), France (16%), Germany (15%), the Netherlands (9%), and China (4%) were the leading destinations of imports on the global bismuth market in 2015. Imports to the Netherlands grew at a rapid pace of +21.5% per year from 2007 to 2015. By contrast, the USA contracted its imports of bismuth over the same period. France's share of global imports increased the most (+12 percentage points), while the share of the USA remained at 24%.

Global Exports Of Bismuth, In Value Terms

Do you want to know more about the global bismuth market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • bismuth market share
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  • bismuth industry
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  • key bismuth producers

Source: World: Bismuth - Market Report. Analysis And Forecast To 2020