ASEAN: Calcium Carbonate Market 2025

Calcium Carbonate Market Size in ASEAN

In 2021, the ASEAN calcium carbonate market increased by 23% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, recorded a pronounced shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Calcium Carbonate Production in ASEAN

In value terms, calcium carbonate production surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Calcium Carbonate Exports

Exports in ASEAN

In 2021, exports of calcium carbonate in ASEAN amounted to X tons, flattening at the year before. Total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -15.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 43%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, calcium carbonate exports expanded significantly to $X in 2021. Total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -4.4% against 2018 indices. The pace of growth was the most pronounced in 2013 when exports increased by 28% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam represented the key exporting country with an export of about X tons, which amounted to 57% of total exports. It was distantly followed by Malaysia (X tons) and Thailand (X tons), together making up a 42% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam (with a CAGR of +27.0%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Malaysia ($X), Vietnam ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2021, with a combined 98% share of total exports.

Among the main exporting countries, Vietnam, with a CAGR of +16.8%, saw the highest rates of growth with regard to the value of exports, 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 2021, rising by 8% against the previous year. Overall, the export price, however, continues to indicate a perceptible slump. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+0.9%), while the other leaders experienced a decline in the export price figures.

Calcium Carbonate Imports

Imports in ASEAN

After five years of growth, overseas purchases of calcium carbonate decreased by -1.1% to X tons in 2021. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by 19% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then fell slightly in the following year.

In value terms, calcium carbonate imports rose remarkably to $X in 2021. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 15% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Indonesia (X tons), distantly followed by the Philippines (X tons), Myanmar (X tons), Thailand (X tons), Cambodia (X tons), Malaysia (X tons), Vietnam (X tons) and Singapore (X tons) represented the largest importers of calcium carbonate, together creating 95% of total imports.

From 2012 to 2021, the biggest increases were recorded for Cambodia (with a CAGR of +11.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constitutes the largest market for imported calcium carbonate in ASEAN, comprising 35% of total imports. The second position in the ranking was held by Thailand ($X), with a 16% share of total imports. It was followed by the Philippines, with a 12% share.

From 2012 to 2021, the average annual growth rate of value in Indonesia totaled +4.1%. In the other countries, the average annual rates were as follows: Thailand (+5.0% per year) and the Philippines (-1.2% per year).

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2021, growing by 14% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The level of import peaked at $X per ton in 2015; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+6.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform