HS Code:
Chrysotile, commonly known as white asbestos, falls under HS Code 2524. It is a fibrous silicate mineral used primarily in construction materials, such as cement products, due to its heat resistance and tensile strength. Despite its utility, chrysotile is associated with significant health risks, including asbestosis and mesothelioma, leading to strict regulations and bans in many countries. Global trade in chrysotile has declined over the years due to health concerns, but it remains in use in some regions for industrial applications.
Total Trade Volume
Approximately 1.2 million metric tons
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
700,000 metric tons
58% of global exports of total trade
Decreasing
200,000 metric tons
17% of global exports of total trade
Stable
100,000 metric tons
8% of global exports of total trade
Decreasing
300,000 metric tons (imports)
25% of global imports of total trade
Stable
200,000 metric tons (imports)
17% of global imports of total trade
Increasing
Average Rate
5-10% ad valorem
Highest Rate
Up to 30% in certain protective markets (e.g., EU countries with partial bans)
Lowest Rate
0-2% in countries with free trade agreements or high demand (e.g., India-Indonesia trade corridors)
Declining global demand due to health concerns
Significant reduction in trade volume as more countries implement bans or strict regulations on asbestos use.
2015-2022
Shift to alternative materials
Increased adoption of synthetic fibers and non-asbestos materials in construction, reducing chrysotile market share.
2018-2022
Sustained demand in developing economies
Countries with lax regulations or high construction activity continue to import chrysotile for cost-effective building materials.
2020-2022
The European Union introduced stricter workplace exposure limits for asbestos, including chrysotile, and reinforced its ban on imports and use.
October 2022
Further reduction in trade to European markets and increased compliance costs for exporters.
Brazil, once a major producer, upheld a nationwide ban on chrysotile mining and use, halting exports after legal battles.
August 2021
Significant drop in global supply, with Russia and Kazakhstan filling the gap.
The World Trade Organization continues to address disputes over chrysotile trade, balancing health concerns with trade rights.
March 2023
Potential for new international guidelines or restrictions affecting major exporters and importers.