
World - Bismuth - Market Analysis, Forecast, Size, Trends And Insights
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Global Bismuth Market Overview 2020
Bismuth Market Size
In 2019, the global bismuth market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the market value increased by X% year-to-year. Over the period under review, the global market reached the peak level at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.
Bismuth Production
In value terms, bismuth production reduced to $X in 2019 estimated in export prices. In general, production, however, recorded a mild decrease. The pace of growth appeared the most rapid in 2010 when the production volume increased by X% year-to-year. Over the period under review, global production reached the maximum level at $X in 2011; however, from 2012 to 2019, production failed to regain the momentum.
Production By Country
The countries with the highest volumes of bismuth production in 2019 were Viet Nam (X tonnes), China (X tonnes) and Belgium (X tonnes), together accounting for X% of global production.
From 2007 to 2019, the biggest increases were in Belgium (+X% per year), while bismuth production for the other global leaders experienced more modest paces of growth.
Bismuth Exports
Exports
In 2019, global bismuth exports was estimated at X tonnes, with an increase of X% compared with the previous year. Over the period under review, exports, however, continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Global exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.
In value terms, bismuth exports dropped to $X in 2019. Overall, exports, however, saw a deep reduction. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, global exports reached the peak figure at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.
Exports by Country
In 2019, China (X tonnes) was the main exporter of bismuth, mixing up X% of total exports. Belgium (X tonnes) ranks second in terms of the total exports with a X% share, followed by China, Hong Kong SAR (X%), South Korea (X%) and the U.S. (X%). Viet Nam (X tonnes) and Japan (X tonnes) took a minor share of total exports.
Exports from China decreased at an average annual rate of -X% from 2007 to 2019. At the same time, China, Hong Kong SAR (+X%), Belgium (+X%), Japan (+X%), South Korea (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2019. By contrast, Viet Nam (-X%) illustrated a downward trend over the same period. Belgium (+X p.p.), China, Hong Kong SAR (+X p.p.), South Korea (+X p.p.), the U.S. (+X p.p.) and Japan (+X p.p.) significantly strengthened its position in terms of the global exports, while China and Viet Nam saw its share reduced by -X% and -X% from 2007 to 2019, respectively.
In value terms, China ($X) remains the largest bismuth supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports. It was followed by Belgium, with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of value in China amounted to -X%. In the other countries, the average annual rates were as follows: China, Hong Kong SAR (+X% per year) and Belgium (+X% per year).
Export Prices by Country
The average bismuth export price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, the export price continues to indicate a deep contraction. The growth pace was the most rapid in 2010 an increase of X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.
Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Viet Nam, while the other global leaders experienced a decline in the export price figures.
Bismuth Imports
Imports
In 2019, purchases abroad of bismuth decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a slight curtailment. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2012 to 2019, the growth of global imports remained at a lower figure.
In value terms, bismuth imports fell significantly to $X in 2019. In general, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Global imports peaked at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.
Imports by Country
The U.S. (X tonnes), Belgium (X tonnes), China, Hong Kong SAR (X tonnes) and Germany (X tonnes) represented roughly X% of total imports of bismuth in 2019. China (X tonnes) held the next position in the ranking, followed by the Netherlands (X tonnes). All these countries together took approx. X% share of total imports. The following importers - France (X tonnes), Italy (X tonnes), South Korea (X tonnes), Japan (X tonnes), Viet Nam (X tonnes) and India (X tonnes) - together made up X% of total imports.
From 2007 to 2019, the biggest increases were in China, Hong Kong SAR, while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the largest bismuth importing markets worldwide were the U.S. ($X), Germany ($X) and China, Hong Kong SAR ($X), together accounting for X% of global imports.
In terms of the main importing countries, China, Hong Kong SAR saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices by Country
In 2019, the average bismuth import price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2007; however, from 2008 to 2019, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per tonne), while Japan ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Viet Nam, while the other global leaders experienced a decline in the import price figures.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for bismuth in the world?+
Viet Nam (8.1K tonnes) remains the largest bismuth consuming country worldwide, comprising approx. 37% of total volume. Moreover, bismuth consumption in Viet Nam exceeded the figures recorded by the second-largest consumer, China (3.5K tonnes), twofold. The third position in this ranking was occupied by Belgium (2.1K tonnes), with a 9.4% share.
What are the largest producers of bismuth in the world?+
The countries with the highest volumes of bismuth production in 2019 were Viet Nam (8.3K tonnes), China (6.5K tonnes) and Belgium (2.2K tonnes), together comprising 84% of global production.
What are the leading suppliers of bismuth in the world?+
In value terms, China ($37M) remains the largest bismuth supplier worldwide, comprising 35% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($12M), with a 11% share of global exports. It was followed by Belgium, with a 11% share.
What are the leading importers of bismuth in the world?+
In value terms, the U.S. ($17M), Germany ($14M) and China, Hong Kong SAR ($13M) appeared to be the countries with the highest levels of imports in 2019, together comprising 38% of global imports.
What is the average export price for bismuth in the world?+
The average bismuth export price stood at $10,045 per tonne in 2019, dropping by -16.9% against the previous year.
What is the average import price for bismuth in the world?+
The average bismuth import price stood at $9,342 per tonne in 2019, waning by -18.7% against the previous year.
This report provides an in-depth analysis of the global bismuth 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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