Carbides Market

Carbides market: enjoy new datasets secured by an Ai-driven market research platform. Statistics provide imports, production, companies, trade, consumption, exports, market size, and market prices. Here is a breakdown by region, including the Middle East, Africa, the U.S., Russia, EU, the U.K., China, and Latin America. Market dynamics and forecast to 2030 are also featured in the dashboards.

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Carbides - World's Largest Markets

In value terms, the largest carbides markets worldwide were China, the United States and India, together accounting for 53% of the global market. These countries were followed by Russia, Brazil, Japan, Germany, Indonesia, Vietnam, Iran and Malaysia, which together accounted for a further 18%.

In terms of the main consuming countries, Malaysia saw the highest growth rate of market size, over the period under review, while carbides market for the other global leaders experienced a decline in the market figures.

Carbides Prices

Carbides - Top Importers

In value terms, the largest carbides importing markets worldwide were the United States ($198M), Germany ($184M) and Japan ($173M), together accounting for 37% of global imports. Sweden, South Korea, France, India, Italy, Poland, Turkey, Russia, Belgium and the Czech Republic lagged somewhat behind, together accounting for a further 33%.

Turkey recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Carbides - Top Exporters

In value terms, China ($432M) remains the largest carbides supplier worldwide, comprising 36% of global exports. The second position in the ranking was occupied by South Africa ($71M), with a 6% share of global exports. It was followed by Germany, with a 6% share.

In China, carbides exports decreased by an average annual rate of -22.6% over the period from 2018-2020. In the other countries, the average annual rates were as follows: South Africa (-40.5% per year) and Germany (-31.7% per year).

Carbides - Market Forecast

Driven by rising demand for carbides worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Carbides - Product Coverage

• HS 284910 - Carbides; of calcium, whether or not chemically defined
• HS 284920 - Carbides; of silicon, whether or not chemically defined
• HS 284990 - Carbides; whether or not chemically defined, other than of calcium or silicon