![World - Carbides - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/world-carbides-market-analysis-forecast-size-trends-and-insights.webp)
World - Carbides - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCarbides Market
The article provides an in-depth analysis of the global carbides market, forecasting a slight increase in consumption and value over the next eight years. Key points include consumption trends, production volumes, import and export data. China remains the largest producer and exporter of carbides, while the United States and Germany are the largest importers. Prices have seen moderate growth, with noticeable variations by country. Overall, the article offers comprehensive insights into the dynamics of the carbides market.
Market Forecast
Driven by rising demand for carbides worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.3% for the period from 2022 to 2030, which is projected to bring the market volume to 7.8M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +1.9% for the period from 2022 to 2030, which is projected to bring the market value to $19.8B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Carbides
In 2022, consumption of carbides was finally on the rise to reach 7.6M tons after two years of decline. Overall, consumption, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2018 with an increase of 5%. Over the period under review, global consumption attained the peak volume at 10M tons in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
The global carbides market revenue rose modestly to $17.1B in 2022, surging by 4.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a perceptible downturn. Over the period under review, the global market reached the peak level at $26.1B in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (2.1M tons), the United States (1.2M tons) and India (899K tons), with a combined 56% share of global consumption.
From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of -0.4%), while consumption for the other global leaders experienced a decline in the consumption figures.
In value terms, the largest carbides markets worldwide were the United States ($4B), China ($2.9B) and Japan ($1.8B), together comprising 51% of the global market. India, Russia, Brazil, Germany, Mexico and Iran lagged somewhat behind, together comprising a further 19%.
India, with a CAGR of -0.3%, recorded the highest growth rate of market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced a decline in the market figures.
The countries with the highest levels of carbides per capita consumption in 2022 were the United States (3.7 kg per person), Japan (2.8 kg per person) and Russia (2.5 kg per person).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by China (with a CAGR of -0.9%), while consumption for the other global leaders experienced a decline in the per capita consumption figures.
Production
World Production of Carbides
In 2022, production of carbides was finally on the rise to reach 7.6M tons for the first time since 2019, thus ending a two-year declining trend. In general, production, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 5.3% against the previous year. Over the period under review, global production attained the maximum volume at 10M tons in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
In value terms, carbides production rose modestly to $16.4B in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 21% against the previous year. Global production peaked at $26.4B in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
Production By Country
China (2.6M tons) remains the largest carbides producing country worldwide, accounting for 35% of total volume. Moreover, carbides production in China exceeded the figures recorded by the second-largest producer, the United States (1.1M tons), twofold. The third position in this ranking was taken by India (836K tons), with an 11% share.
From 2012 to 2022, the average annual growth rate of volume in China was relatively modest. In the other countries, the average annual rates were as follows: the United States (-4.5% per year) and India (-0.6% per year).
Imports
World Imports of Carbides
In 2022, purchases abroad of carbides increased by 1.7% to 1.1M tons, rising for the second year in a row after two years of decline. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Global imports peaked at 1.2M tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.
In value terms, carbides imports surged to $2.8B in 2022. Overall, total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. Global imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Imports By Country
The United States (174K tons) and Germany (147K tons) were the largest importers of carbides in 2022, amounting to near 16% and 13% of total imports, respectively. Japan (70K tons) took the next position in the ranking, followed by India (68K tons), France (58K tons) and South Korea (56K tons). All these countries together took approx. 22% share of total imports. Poland (37K tons), Italy (30K tons), Belgium (29K tons), Norway (27K tons), the Czech Republic (26K tons), the Netherlands (25K tons) and Turkey (24K tons) held a minor share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of +21.4%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest carbides importing markets worldwide were the United States ($480M), Germany ($351M) and Japan ($316M), with a combined 41% share of global imports. South Korea, France, India, Italy, Poland, Norway, Turkey, the Netherlands, the Czech Republic and Belgium lagged somewhat behind, together accounting for a further 28%.
The Netherlands, with a CAGR of +25.5%, 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 more modest paces of growth.
Import Prices By Country
The average carbides import price stood at $2,510 per ton in 2022, surging by 26% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($4,491 per ton), while Belgium ($1,409 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.1%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Carbides
In 2022, overseas shipments of carbides increased by 0.8% to 1.1M tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Over the period under review, the global exports hit record highs at 1.2M tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
In value terms, carbides exports soared to $2.2B in 2022. In general, total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46%. The global exports peaked in 2022 and are expected to retain growth in the immediate term.
Exports By Country
China was the main exporting country with an export of around 541K tons, which finished at 48% of total exports. The Netherlands (69K tons) took the second position in the ranking, followed by Germany (69K tons) and Slovakia (63K tons). All these countries together held near 18% share of total exports. The following exporters - Brazil (44K tons), Vietnam (40K tons), Russia (36K tons), Sweden (25K tons), the United States (25K tons), Kazakhstan (24K tons) and Belgium (21K tons) - together made up 19% of total exports.
From 2012 to 2022, average annual rates of growth with regard to carbides exports from China stood at +5.1%. At the same time, Vietnam (+37.4%), Germany (+10.2%) and Brazil (+1.6%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +37.4% from 2012-2022. Kazakhstan, Slovakia and the Netherlands experienced a relatively flat trend pattern. By contrast, Russia (-2.3%), Sweden (-3.6%), Belgium (-4.6%) and the United States (-6.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Germany and Vietnam increased by +15, +3.4 and +3.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($930M) remains the largest carbides supplier worldwide, comprising 42% of global exports. The second position in the ranking was taken by Germany ($175M), with a 7.9% share of global exports. It was followed by the Netherlands, with a 4.2% share.
From 2012 to 2022, the average annual growth rate of value in China totaled +5.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+8.3% per year) and the Netherlands (+1.2% per year).
Export Prices By Country
The average carbides export price stood at $1,963 per ton in 2022, increasing by 28% against the previous year. In general, the export price saw a slight expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($3,549 per ton), while Kazakhstan ($938 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+4.3%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global carbides 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:
- Prodcom 20136450 - Carbides whether or not chemically defined
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- 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
+ 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:
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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 -
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
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global carbides market.
This report provides an in-depth analysis of the global video monitor market.
Global Colour Video Monitor Market Report 2018. This report provides an in-depth analysis of the global colour video monitor market.
In value terms, carbides imports totaled $X in 2016. Overall, carbides imports continue to indicate a slight descent. Global carbides import peaked of $X in 2011; however, from 2012 to 2016, it ...
In value terms, carbides exports stood at $X in 2016. Overall, carbides exports continue to indicate a slight decrease. Over the period under review, global carbides exports reached its maximum lev...
Discover the top import markets for video monitors and the key statistics that make them stand out. From the United States to the Netherlands, explore the leading countries driving growth in the video monitor industry.