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Report World - Asbestos - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Asbestos - Market Analysis, Forecast, Size, Trends and Insights

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Global Asbestos Market 2024

Asbestos Market Size

In 2022, the global asbestos market increased by 7.8% to $X, rising for the second consecutive year after two years of decline. In general, consumption recorded a pronounced curtailment. Global consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Asbestos Production

In value terms, asbestos production totaled $X in 2022 estimated in export price. In general, production, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 2.3%. Over the period under review, global production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Asbestos Exports

Exports

Global asbestos exports expanded rapidly to X tons in 2022, picking up by 7.6% compared with 2021. Overall, exports, however, saw a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. The global exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, asbestos exports rose notably to $X in 2022. In general, exports, however, continue to indicate a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. The global exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Russia represented the key exporter of asbestoses in the world, with the volume of exports resulting at X tons, which was approx. 55% of total exports in 2022. Kazakhstan (X tons) ranks second in terms of the total exports with a 23% share, followed by Brazil (18%). China (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to asbestos exports from Russia stood at -3.4%. At the same time, Brazil (+2.7%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in the world, with a CAGR of +2.7% from 2012-2022. Kazakhstan experienced a relatively flat trend pattern. By contrast, China (-7.4%) illustrated a downward trend over the same period. While the share of Brazil (+6.7 p.p.) and Kazakhstan (+5 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of China (-2.3 p.p.) and Russia (-9 p.p.) displayed negative dynamics.

In value terms, Russia ($X), Brazil ($X) and Kazakhstan ($X) were the countries with the highest levels of exports in 2022, together accounting for 95% of global exports.

In terms of the main exporting countries, Kazakhstan, with a CAGR of -0.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Export Prices by Country

The average asbestos export price stood at $X per ton in 2022, increasing by 5.2% against the previous year. Overall, the export price, however, recorded a pronounced curtailment. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%), while the other global leaders experienced a decline in the export price figures.

Asbestos Imports

Imports

In 2022, purchases abroad of asbestoses increased by 2.5% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a slight decline. The pace of growth was the most pronounced in 2017 when imports increased by 21%. Over the period under review, global imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, asbestos imports surged to $X in 2022. Overall, imports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Global imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) represented the key importer of asbestoses, creating 41% of total imports. China (X tons) held the second position in the ranking, followed by Uzbekistan (X tons) and Indonesia (X tons). All these countries together took near 38% share of total imports. Thailand (X tons), Sri Lanka (X tons), Vietnam (X tons), Bangladesh (X tons) and Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to asbestos imports into India stood at -1.0%. At the same time, Tajikistan (+66.5%), Bangladesh (+25.3%) and Uzbekistan (+4.5%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in the world, with a CAGR of +66.5% from 2012-2022. China experienced a relatively flat trend pattern. By contrast, Indonesia (-4.1%), Thailand (-4.9%), Sri Lanka (-5.2%) and Vietnam (-9.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan, China, Bangladesh, India and Tajikistan increased by +11, +2.6, +2.5, +2.4 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported asbestoses worldwide, comprising 54% of global imports. The second position in the ranking was taken by China ($X), with an 11% share of global imports. It was followed by Indonesia, with a 10% share.

In India, asbestos imports declined by an average annual rate of -2.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (-2.0% per year) and Indonesia (-5.3% per year).

Import Prices by Country

In 2022, the average asbestos import price amounted to $X per ton, with an increase of 14% against the previous year. In general, the import price, however, saw a pronounced downturn. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.4%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were India, China and Russia, with a combined 56% share of global consumption. Maldives, Indonesia, Uzbekistan, Iran, Sri Lanka, Thailand, Vietnam, Kazakhstan and Bangladesh lagged somewhat behind, together accounting for a further 34%.
The country with the largest volume of asbestos production was Russia, accounting for 55% of total volume. Moreover, asbestos production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, threefold. Brazil ranked third in terms of total production with an 11% share.
In value terms, Russia remains the largest asbestos supplier worldwide, comprising 54% of global exports. The second position in the ranking was occupied by Brazil, with a 19% share of global exports. It was followed by Kazakhstan, with an 18% share.
In value terms, India constitutes the largest market for imported asbestoses worldwide, comprising 46% of global imports. The second position in the ranking was occupied by Indonesia, with an 11% share of global imports. It was followed by Uzbekistan, with a 9.5% share.
The average asbestos export price stood at $343 per ton in 2021, rising by 7.4% against the previous year.
The average asbestos import price stood at $405 per ton in 2021, with an increase of 20% against the previous year.

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 2030.

Product coverage:

    Country coverage:

    Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

    + the largest producing countries

    Data coverage:

    • Global market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Global production, split by region and country
    • Global trade (exports and imports)
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030

    4. 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. 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. 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. 7. GLOBAL PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. GLOBAL IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. GLOBAL EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • United States
      • China
      • Japan
      • Germany
      • United Kingdom
      • France
      • Brazil
      • Italy
      • Russian Federation
      • India
      • Canada
      • Australia
      • Republic of Korea
      • Spain
      • Mexico
      • Indonesia
      • Netherlands
      • Turkey
      • Saudi Arabia
      • Switzerland
      • Sweden
      • Nigeria
      • Poland
      • Belgium
      • Argentina
      • Norway
      • Austria
      • Thailand
      • United Arab Emirates
      • Colombia
      • Denmark
      • South Africa
      • Malaysia
      • Israel
      • Singapore
      • Egypt
      • Philippines
      • Finland
      • Chile
      • Ireland
      • Pakistan
      • Greece
      • Portugal
      • Kazakhstan
      • Algeria
      • Czech Republic
      • Qatar
      • Peru
      • Romania
      • Vietnam

    12. 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, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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