# For Honing Or Lapping buyer markets and demand | HS 846040...

China is the largest reported buyer market in this view, with imports of $70.7M.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| China | $70.7M | -11.4% | 23 | Germany |
| USA | $31.1M | +6.3% | 26 | Germany |
| India | $30.2M | +0.9% | 28 | Japan |
| Thailand | $22.9M | +1.2% | 32 | Singapore |
| Mexico | $16.8M | +9% | 49 | USA |
| Germany | $11.1M | -8.2% | 34 | Switzerland, Liechtenstein |
| Canada | $9.4M | +24.1% | 15 | Malaysia |
| Turkey | $8.6M | +7.4% | 14 | Germany |
| Japan | $7.8M | -5.1% | 14 | China |
| Viet Nam | $7.7M | -16.8% | 16 | China |
| France | $7.5M | +8.5% | 23 | Italy |
| Russia | $7.0M | +17.3% | 9 | China |
| Poland | $5.8M | -15% | 18 | Italy |
| United Kingdom | $5.7M | +2.8% | 25 | Germany |
| Taiwan | $5.2M | -11.6% | 16 | United Kingdom |
| Ireland | $5.1M | +19.6% | 15 | Italy |
| Republic of Korea | $5.1M | -16.6% | 13 | Germany |
| Italy | $5.0M | -3.6% | 29 | USA |
| Malaysia | $4.5M | +3% | 11 | Japan |
| Sweden | $4.2M | +3.8% | 15 | Germany |
| Netherlands | $3.7M | +4.5% | 30 | Malaysia |
| Spain | $3.7M | -5.1% | 15 | Italy |
| Indonesia | $3.4M | -10% | 12 | Japan |
| Austria | $3.3M | -10.5% | 11 | Switzerland, Liechtenstein |
| Brazil | $3.2M | +8.5% | 15 | Germany |
| Switzerland, Liechtenstein | $3.1M | -13.5% | 17 | Italy |
| Romania | $2.2M | -23.3% | 19 | Switzerland, Liechtenstein |
| Philippines | $1.8M | +3.9% | 8 | USA |
| Slovakia | $1.5M | -28.8% | 20 | Germany |
| United Arab Emirates | $1.5M | -1.1% | 20 | India |
| Australia | $1.4M | -2.8% | 14 | Switzerland, Liechtenstein |
| Iran | $1.3M | +32.2% | 7 | Germany |
| Singapore | $1.2M | -8.5% | 19 | Taiwan |
| Hungary | $1.2M | -28.4% | 18 | Slovakia |
| Czechia | $1.1M | -16% | 13 | Germany |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| China | 2023 | $95.1M | $49,519.5 |
| India | 2023 | $20.8M | $40,432.08 |
| USA | 2023 | $18.7M | $46,119.37 |
| Germany | 2023 | $18.5M | $27,828.17 |
| Viet Nam | 2023 | $14.8M | $42,812.75 |
| Thailand | 2023 | $12.5M | $21,425.12 |
| Mexico | 2023 | $10.0M | $32,074.33 |
| Turkey | 2023 | $9.4M | $32,426.49 |
| Other Asia, nes | 2023 | $9.1M | $46,527.96 |
| Poland | 2023 | $8.2M | $39,726.84 |
| Italy | 2023 | $7.4M | $10,551.41 |
| France | 2023 | $7.3M | $19,853.69 |
| Republic of Korea | 2023 | $6.7M | $27,057.05 |
| Romania | 2023 | $6.4M | $33,547.86 |
| Canada | 2023 | $6.3M | $41,791.86 |
| United Kingdom | 2023 | $6.2M | $56,317.13 |
| Japan | 2023 | $6.0M | $37,108.97 |
| Philippines | 2023 | $5.1M | $43,636.5 |
| Switzerland, Liechtenstein | 2023 | $4.9M | $43,289.24 |
| Russia | 2023 | $4.7M | $14,692.29 |

_Source: reported merchandise trade data. Updated 2026-08-14._