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Pricing

680690 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.93BRnk 1527 / 4648
2022
Top Exporter | Top Importer $355M | $220MGermany | United States
2022
Product Complexity 1.17Rnk 532 / 4653
2021 - 2022
Export Growth (CAGR) 0.39%Rnk 2887 / 4648
2022
Share of World Trade 0.0082%Rnk 1527 / 4648

About

Overview This page contains the latest trade data of Mineral heat or sound insulating materials & articles. In 2022, Mineral heat or sound insulating materials & articles were the world's 1527th most traded product, with a total trade of $1.93B. Between 2021 and 2022 the exports of Mineral heat or sound insulating materials & articles grew by 0.39%, from $1.93B to $1.93B. Trade in Mineral heat or sound insulating materials & articles represent 0.0082% of total world trade.

Mineral heat or sound insulating materials & articles are a part of Rock Wool.

Exports In 2022 the top exporters of Mineral heat or sound insulating materials & articles  were Germany ($355M), United States ($255M), China ($215M), Japan ($185M), and Belgium ($137M).

Imports In 2022 the top importers of Mineral heat or sound insulating materials & articles were United States ($220M), Germany ($166M), Poland ($106M), Italy ($104M), and Canada ($96.5M).

Ranking Mineral heat or sound insulating materials & articles ranks 532nd in the Product Complexity Index (PCI).

Description Insulating materials and articles can be made of mineral fiber, mineral wool, or mineral wool batts. Mineral fiber is made of mineral fiberglass with glass strands. Mineral wool is made of mineral wool fibers which are spun together. Mineral wool batts are made of mineral wool fibers which are cut to a desired thickness. Mineral fiberglass, mineral wool, and mineral wool batts can be used to insulate walls, ceilings, floors, attics, crawl spaces, and basements.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Mineral heat or sound insulating materials & articles. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Germany$355M
Top Destination (2022)United States$220M

In 2022 Mineral heat or sound insulating materials & articles were the world's 1527th most traded product (out of 4,648).

In 2022, the top exporters of Mineral heat or sound insulating materials & articles were Germany ($355M), United States ($255M), China ($215M), Japan ($185M), and Belgium ($137M).

In 2022, the top importers of Mineral heat or sound insulating materials & articles were United States ($220M), Germany ($166M), Poland ($106M), Italy ($104M), and Canada ($96.5M).

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Exporters of Mineral heat or sound insulating materials & articles (2022)
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Importers of Mineral heat or sound insulating materials & articles (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$23.1M
Top Destination Growth (2021 -  2022)Italy$26.2M

Between 2021 and 2022, the exports of Mineral heat or sound insulating materials & articles grew the fastest in United States ($23.1M), Hungary ($18.2M), France ($12.8M), Czechia ($10.4M), and Belgium ($9.34M).

Between 2021 and 2022, the fastest growing importers of Mineral heat or sound insulating materials & articles were Italy ($26.2M), Germany ($23.3M), India ($16.5M), Canada ($10.8M), and Czechia ($9.72M).

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Exporters of Mineral heat or sound insulating materials & articles (2021 - 2022)

Importers of Mineral heat or sound insulating materials & articles (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Mineral heat or sound insulating materials & articles.

In 2022, market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Mineral heat or sound insulating materials & articles are explained by 18 countries.

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Value of Exports in Mineral heat or sound insulating materials & articles

Net Trade

TOP NET EXPORTER (2022)Germany$189M
TOP NET IMPORTER (2022)Italy$69.5M

This map shows which countries export or import more of Mineral heat or sound insulating materials & articles. Each country is colored based on the difference in exports and imports of Mineral heat or sound insulating materials & articles during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Mineral heat or sound insulating materials & articles were Germany ($189M), Japan ($167M), China ($159M), Belgium ($103M), and Hungary ($48.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Mineral heat or sound insulating materials & articles were Italy ($69.5M), Poland ($55.2M), Mexico ($43.4M), India ($39.1M), and Australia ($35.9M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Mineral heat or sound insulating materials & articles.
It is possible to select the main countries that export or import Mineral heat or sound insulating materials & articles in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Mineral heat or sound insulating materials & articles by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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