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Firms Talked about within the Report: Dowa Metals & Mining Co., Mitsui Mining and Smelting Co., Sumitomo Steel Mining Co., Toho Zinc Co., Hindustan Zinc Ltd., Nyrstar, Teck Assets Ltd., Industrias Peñoles S.A.B. de C.V., KCM S.A.’s Plovdiv, Xstrata, OTZK, Retriev Applied sciences Inc., Huludao Zinc Business Co., Yunnan Luoping Zinc and Electrical energy Co., Western Mining Co., Zhuzhou Smelter Group Co., Shaoguan Smelter, Mayco Industries, Belmont Metals, GFS Chemical compounds, Ney Metals & Alloys, Reagents, Noah Chemical compounds, ProChem Inc.
NEW YORK, April 29, 2022 (GLOBE NEWSWIRE) — IndexBox has simply printed a brand new report: ‘World – Cadmium – Market Evaluation, Forecast, Dimension, Tendencies and Insights’. Here’s a abstract of the report’s key findings.
Cadmium Market Statistics
Imports | $41.2 Million USD |
Exports | $38.6 Million USD |
Prime Importers | India, China, Sweden |
Prime Exporters | South Korea, Japan, Canada |
The worldwide cadmium market income expanded barely to $97M in 2021, with a rise of three.3% in opposition to the earlier yr. This determine displays the whole revenues of producers and importers (excluding logistics prices and intermediaries’ margins, which can be included within the closing client value). REQUEST FREE DATA
After two years of decline, consumption of cadmium elevated by 4% to 29K tonnes in 2021. The full consumption quantity elevated at a mean annual fee of +1.3% from 2010 to 2021. REQUEST FREE DATA
Cadmium Consumption by Nation
The international locations with the best volumes of cadmium consumption in 2021 had been China (13K tonnes), India (8.4K tonnes) and Sweden (1K tonnes), with a mixed 78% share of world consumption. These international locations had been adopted by South Korea, Russia, the US, the Netherlands and Belgium, which collectively accounted for an additional 13%. REQUEST FREE DATA
From 2010 to 2021, the largest will increase had been in Russia (+27.5%), whereas cadmium consumption for the opposite world leaders skilled extra modest paces of development.
In worth phrases, China ($56M) led the market, alone. The second place within the rating was occupied by India ($21M).
Cadmium Manufacturing
In 2021, approx. 26K tonnes of cadmium had been produced worldwide; declining by -10.9% in contrast with the yr earlier than. Normally, manufacturing, nonetheless, confirmed a comparatively flat pattern sample. Essentially the most distinguished fee of development was recorded in 2012 with a rise of 9.7%. World manufacturing peaked at 31K tonnes in 2017; nonetheless, from 2018 to 2021, manufacturing stood at a considerably decrease determine.
Manufacturing by Nation
The nation with the biggest quantity of cadmium manufacturing was China (10K tonnes), comprising approx. 38% of whole quantity. Furthermore, cadmium manufacturing in China exceeded the figures recorded by the second-largest producer, South Korea (3.5K tonnes), twofold. The third place on this rating was occupied by Japan (1.9K tonnes), with a 7.2% share.
From 2010 to 2021, the typical annual development fee of quantity in China amounted to +2.8%. Within the different international locations, the typical annual charges had been as follows: South Korea (-1.6% per yr) and Japan (-0.7% per yr).
Cadmium Exports
In 2021, after two years of development, there was decline in abroad shipments of cadmium, when their quantity decreased by -4.9% to 16K tonnes. General, exports, nonetheless, noticed a comparatively flat pattern sample. The worldwide exports peaked at 17K tonnes in 2017; nonetheless, from 2018 to 2021, the exports remained at a decrease determine.
In worth phrases, cadmium exports rose modestly to $39M in 2021. Over the interval below assessment, exports, nonetheless, proceed to point a pronounced downturn.
Exports by Nation
In 2021, South Korea (3.9K tonnes), distantly adopted by Japan (1.7K tonnes), Kazakhstan (1.6K tonnes), Canada (1.5K tonnes), China (0.9K tonnes), Mexico (0.8K tonnes), Belgium (0.8K tonnes) and France (0.8K tonnes) represented the most important exporters of cadmium, collectively mixing up 74% of whole provides. The next exporters – Russia (630 tonnes), Peru (614 tonnes), the Netherlands (571 tonnes), Uzbekistan (455 tonnes) and Germany (450 tonnes) – collectively made up 17% of whole exports.
In worth phrases, South Korea ($9.3M) stays the biggest cadmium provider worldwide, comprising 24% of world exports. The second place within the rating was occupied by Japan ($3.7M), with a 9.5% share of whole provides. It was adopted by Canada, with a 9.2% share.
In South Korea, cadmium exports contracted by a mean annual fee of -1.1% over the interval from 2010-2021. The remaining exporting international locations recorded the next common annual charges of exports development: Japan (+0.3% per yr) and Canada (-3.9% per yr).
Export Costs by Nation
The typical cadmium export value stood at $2,387 per tonne in 2021, choosing up by 8.1% in opposition to the earlier yr. There have been vital variations within the common costs amongst the most important exporting international locations. In 2021, the nation with the best value was Belgium ($3,578 per tonne), whereas Russia ($1,949 per tonne) was amongst the bottom. From 2010 to 2021, essentially the most notable fee of development when it comes to costs was attained by Uzbekistan (-0.9%), whereas the opposite world leaders skilled a decline within the export value figures.
Cadmium Imports
World cadmium imports amounted to 16K tonnes in 2021, with a rise of 5.7% in contrast with the earlier yr. The full import quantity elevated at a mean annual fee of +1.4% from 2010 to 2021.
In worth phrases, cadmium imports dropped barely to $41M in 2021. Normally, imports confirmed a noticeable setback.
Imports by Nation
In 2021, India (8.4K tonnes) represented the biggest importer of cadmium, constituting 51% of whole imports. It was distantly adopted by China (4.2K tonnes), Belgium (1.4K tonnes) and Sweden (1K tonnes), collectively making a 40% share of whole purchases. The next importers – Hong Kong SAR (387 tonnes) and the Netherlands (268 tonnes) – every recorded a 4% share of whole imports.
In worth phrases, India ($20M), China ($11M) and Sweden ($2.3M) gave the impression to be the international locations with the best ranges of imports in 2021, collectively accounting for 80% of whole provides.
India, with a CAGR of +21.0%, recorded the best development fee of the worth of imports, among the many fundamental importing international locations over the previous decade, whereas purchases for the opposite world leaders skilled extra modest paces of development.
Import Costs by Nation
In 2021, the typical cadmium import value amounted to $2,513 per tonne, waning by -8.3% in opposition to the earlier yr. There have been vital variations within the common costs amongst the most important importing international locations. In 2021, the nation with the best value was the Netherlands ($4,900 per tonne), whereas Belgium ($1,530 per tonne) was amongst the bottom. From 2010 to 2021, essentially the most notable fee of development when it comes to costs was attained by the Netherlands (+1.7%), whereas the opposite world leaders skilled extra modest paces of development.
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Product Protection
Cadmium (unrough, powders).
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