ASEAN: Alums Market 2024

Alums Market Size in ASEAN

The ASEAN alums market fell to $X in 2022, which is down by -9% against the previous year. The market value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Alums Production in ASEAN

In value terms, alums production reduced to $X in 2022 estimated in export price. The total production indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +7.2% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 25% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Alums Exports

Exports in ASEAN

In 2022, exports of alums in ASEAN expanded to X tons, with an increase of 3.5% against the year before. Over the period under review, exports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 86%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, alums exports surged to $X in 2022. Overall, exports, however, recorded a abrupt setback. The growth pace was the most rapid in 2018 with an increase of 41% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Thailand (X tons) was the key exporter of alums, committing 61% of total exports. It was distantly followed by Malaysia (X tons) and Vietnam (X tons), together generating a 39% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +9.3%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest alums supplying countries in ASEAN were Thailand ($X), Malaysia ($X) and Vietnam ($X), together accounting for 97% of total exports.

Thailand, with a CAGR of +6.4%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, surging by 14% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The pace of growth was the most pronounced in 2014 when the export price increased by 29%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.1%), while the other leaders experienced mixed trends in the export price figures.

Alums Imports

Imports in ASEAN

In 2022, after two years of growth, there was significant decline in supplies from abroad of alums, when their volume decreased by -8.9% to X tons. Total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.3% against 2018 indices. The growth pace was the most rapid in 2015 with an increase of 71% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then contracted in the following year.

In value terms, alums imports rose modestly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 54% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, the Philippines (X tons) represented the key importer of alums, constituting 47% of total imports. It was distantly followed by Myanmar (X tons), Cambodia (X tons) and Thailand (X tons), together constituting a 44% share of total imports. Indonesia (X tons), Malaysia (X tons) and Lao People's Democratic Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to alums imports into the Philippines stood at +3.8%. At the same time, Lao People's Democratic Republic (+43.6%), Myanmar (+36.3%), Cambodia (+9.7%) and Thailand (+9.6%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +43.6% from 2012-2022. Indonesia experienced a relatively flat trend pattern. By contrast, Malaysia (-7.3%) illustrated a downward trend over the same period. Myanmar (+19 p.p.), Cambodia (+6.4 p.p.), Thailand (+2.6 p.p.) and Lao People's Democratic Republic (+2.3 p.p.) significantly strengthened its position in terms of the total imports, while Indonesia, the Philippines and Malaysia saw its share reduced by -1.7%, -3.5% and -6.1% from 2012 to 2022, respectively.

In value terms, the Philippines ($X) constitutes the largest market for imported alums in ASEAN, comprising 42% of total imports. The second position in the ranking was taken by Cambodia ($X), with a 13% share of total imports. It was followed by Myanmar, with an 11% share.

In the Philippines, alums imports increased at an average annual rate of +6.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Cambodia (+5.6% per year) and Myanmar (+15.3% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, picking up by 13% against the previous year. Overall, the import price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2019 an increase of 19%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform