China - Calcium Carbonate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChina Reports 19% Drop in Calcium Carbonate Exports to 8K Tons for February 2023
China Calcium Carbonate Exports
In February 2023, overseas shipments of calcium carbonate decreased by -18.5% to 8K tons, falling for the third month in a row after two months of growth. In general, total exports indicated temperate growth from February 2022 to February 2023: its volume increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, exports decreased by -31.2% against November 2022 indices. The most prominent rate of growth was recorded in March 2022 with an increase of 92% month-to-month. Over the period under review, the exports reached the maximum at 12K tons in November 2022; however, from December 2022 to February 2023, the exports stood at a somewhat lower figure.
In value terms, calcium carbonate exports shrank to $5.5M (IndexBox estimates) in February 2023. Over the period under review, total exports indicated a buoyant expansion from February 2022 to February 2023: its value increased at an average monthly rate of +11.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, exports decreased by -13.6% against December 2022 indices. The most prominent rate of growth was recorded in March 2022 when exports increased by 214% month-to-month. Over the period under review, the exports reached the maximum at 6.9K tons in July 2022; however, from August 2022 to February 2023, the exports stood at a somewhat lower figure.
Exports by Country
The Philippines (1.3K tons), Indonesia (1.1K tons) and Hong Kong SAR (905 tons) were the main destinations of calcium carbonate exports from China, together accounting for 41% of total exports. Vietnam, Thailand, Malaysia, Sri Lanka, Russia, Tanzania, Cambodia, Ghana, Nigeria and Angola lagged somewhat behind, together accounting for a further 38%.
From February 2022 to February 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sri Lanka (with a CAGR of +60.9%), while the other leaders experienced more modest paces of growth.
In value terms, the Philippines ($2M) emerged as the key foreign market for calcium carbonate exports from China, comprising 36% of total exports. The second position in the ranking was held by Ghana ($640K), with a 12% share of total exports. It was followed by Indonesia, with a 5.3% share.
From February 2022 to February 2023, the average monthly growth rate of value to the Philippines totaled +55.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Ghana (+28.4% per month) and Indonesia (+4.4% per month).
Export Prices by Country
In February 2023, the calcium carbonate price amounted to $690 per ton (FOB, China), growing by 14% against the previous month. In general, export price indicated prominent growth from February 2022 to February 2023: its price increased at an average monthly rate of +7.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, calcium carbonate export price increased by +39.9% against November 2022 indices. The pace of growth appeared the most rapid in March 2022 when the average export price increased by 64% against the previous month. Over the period under review, the average export prices reached the peak figure at $736 per ton in July 2022; however, from August 2022 to February 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ghana ($3,035 per ton), while the average price for exports to Sri Lanka ($158 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
China's Decline in Calcium Carbonate Exports Raises Concerns and Highlights Need for Supply Chain Diversification
Calcium carbonate is an essential ingredient in various industries, such as construction, paper, plastics, and pharmaceuticals. China has been one of the largest exporters of calcium carbonate, and its decline could have significant implications for companies and countries that rely on this material.
Moreover, this drop in exports highlights the need for companies and industries to diversify their supply chains and sourcing strategies. As the world becomes more interconnected and complex, businesses must be agile and adaptable to navigate shifting market dynamics and geopolitical uncertainties.
This situation also offers an opportunity for other calcium carbonate exporting countries like Vietnam, India, and Egypt to ramp up their exports and capture a larger share of the global market. Companies that have been sourcing from China may now have to explore other potential suppliers to meet their needs. Overall, this development serves as a reminder that businesses must remain vigilant and proactive in managing their supply chains and responding to external disruptions.
This report provides an in-depth analysis of the calcium carbonate market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134340 - Calcium carbonate
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
