Report shows Russia still global leaders in supply of asbestos

Report shows Russia still global leaders in supply of asbestos

Research and Markets, the World’s largest Market Research Store, have released a report which shows Russia are still without a doubt global leaders when it comes to the supply of asbestos.

According to this report, in 2015 asbestos trading across the world amounted to over 344 million USD.

In the same year, Russia held claim to having the most asbestos exports worth over 191 million USD.  This is 56% worth of the overall asbestos trade in the world, with other countries close behind such as Brazil, Kazakhstan, China, and India – the other world leaders in asbestos exports, but still some way to go to beat Russia for the crown.

Therefore, in no uncertain terms, the Report shows Russia are still global leaders in the supply of asbestos.

India and China’s exports were shown to grow rapidly between 2007 to 2015, whereas, in comparison, Russia’s asbestos exports grew even more during this period, rising from a 41% share of the world trade in 2007 to a staggering 56% in 2015.

Other countries are not far behind

Countries such as India, China, Vietnam, Sri Lanka and Indonesia, however, grew more in terms of value and were shown to be the leaders in asbestos imports in 2015 rather than exports.

As an example, figures grew by 14.1% each year from 2007 to 2015 in Indonesian imports, whereas China’s imports over the same period were slightly less.

As a result, there was a 17% overall increase in India’s worldwide imports of asbestos compared to -6% in China’s imports.

You can find the full details of the report here.

 

Source of article:-  www.businesswire.com/news/home/20161102006155/en/World-344-Million-Asbestos-Market-Analysis-Forecast

 

Duty holders and employers have a legal responsibility to manage asbestos in their building so as not to put employees at risk. Contact our Armco office for asbestos management and refurbishment/ demolition surveys on 0161 763 3727 or by visiting http://www.armco.org.uk/

Alternatively, for all your asbestos training needs call 0161 761 4424 or visit http://www.armcoasbestostraining.co.uk/ for more information or to book a training course.

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Published Nov 09, 2016
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