Asia: Bentonite Market 2021

Bentonite Market Size in Asia

The Asian bentonite market declined to $X in 2019, falling by -X% against the previous year. In general, consumption posted a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2018, and then fell in the following year.

Bentonite Production in Asia

In value terms, bentonite production reduced to $X in 2019 estimated in export prices. Overall, production posted a prominent expansion. The growth pace was the most rapid in 2015 when the production volume increased by X% year-to-year. The level of production peaked at $X in 2018, and then declined in the following year.

Production By Country in Asia

The countries with the highest volumes of bentonite production in 2019 were China (X tons), India (X tons) and Turkey (X tons), with a combined X% share of total production.

From 2007 to 2019, the most notable rate of growth in terms of bentonite production, amongst the leading producing countries, was attained by India, while bentonite production for the other leaders experienced more modest paces of growth.

Bentonite Exports

Exports in Asia

In 2019, the amount of bentonite exported in Asia dropped slightly to X tons, which is down by -X% compared with 2018 figures. Overall, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tons in 2018, and then dropped modestly in the following year.

In value terms, bentonite exports rose to $X in 2019. In general, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2019 and are likely to continue growth in the near future.

Exports by Country

India was the key exporter of bentonite in Asia, with the volume of exports resulting at X tons, which was near X% of total exports in 2019. Turkey (X tons) ranks second in terms of the total exports with a X% share, followed by China (X%) and Azerbaijan (X%). Cyprus (X tons) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to bentonite exports from India stood at +X%. At the same time, Azerbaijan (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2019. By contrast, China (-X%) and Cyprus (-X%) illustrated a downward trend over the same period. India (+X p.p.) and Azerbaijan (+X p.p.) significantly strengthened its position in terms of the total exports, while Cyprus and China saw its share reduced by -X% and -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest bentonite supplying countries in Asia were Turkey ($X), India ($X) and China ($X), with a combined X% share of total exports.

Among the main exporting countries, Turkey recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the bentonite export price in Asia amounted to $X per ton, increasing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, export prices hit record highs at $X per ton in 2011; however, from 2012 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was China ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports in Asia

In 2019, overseas purchases of bentonite decreased by -X% to X tons for the first time since 2012, thus ending a six-year rising trend. Total imports indicated a perceptible expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tons in 2018, and then reduced in the following year.

In value terms, bentonite imports declined to $X in 2019. Total imports indicated a notable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The level of import peaked at $X in 2018, and then reduced in the following year.

Imports by Country

In 2019, Indonesia (X tons) and Malaysia (X tons) represented the largest importers of bentonite in Asia, together generating X% of total imports. Saudi Arabia (X tons) held the next position in the ranking, followed by Thailand (X tons), Japan (X tons), China (X tons) and South Korea (X tons). All these countries together occupied approx. X% share of total imports. Oman (X tons), India (X tons), Vietnam (X tons), Israel (X tons) and Singapore (X tons) occupied a little share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India, while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2019, together comprising X% of total imports. These countries were followed by Indonesia, Saudi Arabia, Malaysia, South Korea, India, Singapore, Israel, Vietnam and Oman, which together accounted for a further X terms of the main importing countries, India saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the bentonite import price in Asia amounted to $X per ton, reducing by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was India ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Oman, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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