Asbestos-cement: articles or the like, containing asbestos

In 2024, asbestos-cement: articles or the like, containing asbestos trade exhibited strong growth, with global flows reaching $53,447,647 and a three-year compound annual growth rate of -7.8% (five-year: +0.9%). The all-time peak of $149,568,050 was recorded in 2008; the current level is 64% below that high-water mark.

Over the 30-year observation window (1995–2024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (-1.2% acceleration).

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.165). The three largest exporters — China ($15.9M), Russia ($12.2M), and Netherlands ($8.6M) — collectively dominate supply flows. The leading exporter has grown at +21.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.085). The three largest import markets are Kazakhstan ($12.2M), Laos ($5.5M), and Malaysia ($3.9M). The largest importing market sources from 10 different supplying countries.

Estimated substitution elasticity: -14.44. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Russia → Kazakhstan at $6.9M, representing 56.8% of the importer's total demand.

The volatility score for asbestos-cement: articles or the like, containing asbestos is 6 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.