Asia: Kaolin Market 2024

Kaolin Market Size in Asia

The Asian kaolin market stood at $X in 2021, increasing by 2.2% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; afterwards, it flattened through to 2021.

Kaolin Production in Asia

In value terms, kaolin production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the production volume increased by 37%. Over the period under review, production attained the peak level at $X in 2020, and then fell modestly in the following year.

Kaolin Exports

Exports in Asia

In 2021, approx. X tons of kaolin and kaolinic clays were exported in Asia; increasing by 41% on 2020 figures. The total export volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, kaolin exports surged to $X in 2021. Overall, exports continue to indicate a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the key exporter of kaolin and kaolinic clays in Asia, with the volume of exports finishing at X tons, which was approx. 44% of total exports in 2021. It was distantly followed by Turkey (X tons), India (X tons), Indonesia (X tons) and Malaysia (X tons), together making up a 51% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +22.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest kaolin supplier in Asia, comprising 47% of total exports. The second position in the ranking was held by India ($X), with a 7.8% share of total exports. It was followed by Turkey, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to +5.1%. In the other countries, the average annual rates were as follows: India (+10.9% per year) and Turkey (+21.4% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, dropping by -6% against the previous year. Export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, kaolin export price increased by +80.4% against 2012 indices. The pace of growth was the most pronounced in 2020 when the export price increased by 30% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+11.5%), while the other leaders experienced more modest paces of growth.

Kaolin Imports

Imports in Asia

After two years of decline, overseas purchases of kaolin and kaolinic clays increased by 32% to X tons in 2021. Overall, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, kaolin imports surged to $X in 2021. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of kaolin imports in 2021 were China (X tons), Taiwan (Chinese) (X tons), Turkey (X tons), Japan (X tons), the United Arab Emirates (X tons), India (X tons), South Korea (X tons), Bangladesh (X tons), Vietnam (X tons), Saudi Arabia (X tons), Malaysia (X tons) and Thailand (X tons), together amounting to 91% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bangladesh (with a CAGR of +13.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest kaolin importing markets in Asia were China ($X), Japan ($X) and Turkey ($X), together comprising 42% of total imports. India, Taiwan (Chinese), South Korea, Vietnam, Thailand, Saudi Arabia, Bangladesh, Malaysia and the United Arab Emirates lagged somewhat behind, together comprising a further 45%.

Among the main importing countries, India, with a CAGR of +15.2%, recorded the highest growth rate of 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 2021, the import price in Asia amounted to $X per ton, waning by -2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by 8.5% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Thailand ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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