Report Update Apr 1, 2024

United Kingdom - Asbestos - Market Analysis, Forecast, Size, Trends and Insights

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United Kingdom: Asbestos Market 2022

Asbestos Market Size in the UK

In 2020, the UK asbestos market increased by X% to $X, rising for the eleventh year in a row after two years of decline. Over the period under review, consumption posted a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the market hit record highs in 2020 and is likely to continue growth in the immediate term.

Asbestos Production in the UK

In value terms, asbestos production shrank slightly to $X in 2020 estimated in export prices. In general, the total production indicated measured growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, and then shrank in the following year.

Asbestos Exports

Exports from the UK

In 2020, overseas shipments of asbestos decreased by -X% to X kg, falling for the eleventh consecutive year after three years of growth. In general, exports recorded a significant contraction. The pace of growth appeared the most rapid in 2009 when exports increased by X% y-o-y. As a result, exports reached the peak of X tons. from 2010 to 2020, the growth exports remained at a lower figure.

In value terms, asbestos exports contracted significantly to $X in 2020. Overall, exports continue to indicate a precipitous decrease. The smallest decline of -X% was in 2016. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany (X kg) was the main destination for asbestos exports from the UK, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Germany amounted to -X%.

In value terms, Germany ($X) also remains the key foreign market for asbestos exports from the UK.

From 2007 to 2020, the average annual growth rate of value to Germany stood at -X%.

Export Prices by Country

In 2020, the average asbestos export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price continues to indicate a buoyant expansion. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2007 to 2020, the rate of growth in terms of prices for Germany amounted to +X% per year.

Asbestos Imports

Imports into the UK

In 2020, asbestos imports into the UK reduced notably to X kg, with a decrease of -X% compared with 2019. Over the period under review, imports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Imports peaked at X tons in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, asbestos imports totaled $X in 2020. Overall, imports recorded a abrupt setback. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Imports peaked at $X in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Ireland (X kg) was the main supplier of asbestos to the UK, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Ireland amounted to -X%.

In value terms, Ireland ($X) constituted the largest supplier of asbestos to the UK.

From 2007 to 2020, the average annual rate of growth in terms of value from Ireland amounted to +X%.

Import Prices by Country

The average asbestos import price stood at $X per ton in 2020, growing by X% against the previous year. Overall, the import price, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Ireland.

From 2007 to 2020, the rate of growth in terms of prices for Ireland amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asbestos in the world?

The countries with the highest volumes of consumption in 2022 were India, China and Russia, with a combined 59% share of global consumption. Uzbekistan, Indonesia, Turkey, Thailand, Sri Lanka, Bangladesh and Tajikistan lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of asbestos in the world?

Russia constituted the country with the largest volume of asbestos production, comprising approx. 50% of total volume. Moreover, asbestos production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, threefold. The third position in this ranking was taken by Brazil, with a 15% share.

What are the leading suppliers of asbestos to the UK?

In value terms, Poland constituted the largest supplier of asbestoses to the UK, comprising 72% of total imports. The second position in the ranking was held by the United States, with a 28% share of total imports.

What are the leading importers of asbestos from the UK?

In value terms, the United States emerged as the key foreign market for asbestoses exports from the UK.

What is the average export price for asbestos in the UK?

In 2022, the average asbestos export price amounted to $259 per ton, which is down by -72% against the previous year.

What is the average import price for asbestos in the UK?

The average asbestos import price stood at $1,375 per ton in 2022, remaining constant against the previous year.

This report provides an in-depth analysis of the asbestos market in the UK. 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.

Product coverage:

Country coverage:

United Kingdom

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the UK
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023