Cadmium: waste and scrap

In 2024, cadmium: waste and scrap trade exhibited strong growth, with global flows reaching $937,360 and a three-year compound annual growth rate of +57.6% (five-year: +24.5%). The all-time peak of $1,955,110 was recorded in 2006; the current level is 52% below that high-water mark.

Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+50.6% acceleration).

The supply side is concentrated (Herfindahl-Hirschman Index 0.418). The three largest exporters — South Korea ($714.1K), United Kingdom ($581.3K), and Australia ($498.8K) — collectively dominate supply flows. The leading exporter has grown at +3655.0% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.427). The three largest import markets are India ($586.9K), United States ($149.7K), and Singapore ($81.1K). The largest importing market sources from 1 different supplying countries.

Estimated substitution elasticity: -24.18. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is South Korea → India at $586.9K, representing 100.0% of the importer's total demand.

The volatility score for cadmium: waste and scrap is 42 out of 100, classified as medium. Trade flows are moderately variable, typical for goods with seasonal or cyclical demand patterns.

For market entrants, strong demand tailwinds create a favourable entry environment. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

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