Asia-Pacific: Alkali Metals Market 2025

Alkali Metals Market Size in Asia-Pacific

The Asia-Pacific alkali metals market declined to $X in 2021, shrinking by -7.5% against the previous year. In general, consumption recorded a pronounced decrease. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Alkali Metals Production in Asia-Pacific

In value terms, alkali metals production fell to $X in 2021 estimated in export price. In general, production continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2018 when the production volume increased by 8.4%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Alkali Metals Exports

Exports in Asia-Pacific

After two years of decline, overseas shipments of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury increased by 44% to X tons in 2021. In general, exports, however, recorded a pronounced downturn. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, alkali metals exports soared to $X in 2021. Over the period under review, exports, however, recorded a pronounced reduction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China dominates exports structure, reaching X tons, which was near 90% of total exports in 2021. Vietnam (X tons) and Thailand (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +7.5% from 2012 to 2021. At the same time, Thailand (+19.0%) and Vietnam (+6.6%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +19.0% from 2012-2021. From 2012 to 2021, the share of China, Vietnam and Thailand increased by +54, +2.1 and +1.8 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Vietnam ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2021, with a combined 94% share of total exports.

Among the main exporting countries, Thailand, with a CAGR of +33.5%, recorded the highest rates of growth with regard to 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

The export price in Asia-Pacific stood at $X per ton in 2021, growing by 22% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 39% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+12.2%), while the other leaders experienced a decline in the export price figures.

Alkali Metals Imports

Imports in Asia-Pacific

In 2021, overseas purchases of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury increased by 21% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, alkali metals imports skyrocketed to $X in 2021. Overall, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons) and Japan (X tons) were the largest importers of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury in 2021, recording approx. 40% and 28% of total imports, respectively. It was distantly followed by Malaysia (X tons), constituting a 15% share of total imports. Thailand (X tons), South Korea (X tons), Taiwan (Chinese) (X tons) and China (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Malaysia (with a CAGR of +13.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury in Asia-Pacific, comprising 51% of total imports. The second position in the ranking was held by India ($X), with a 14% share of total imports. It was followed by Malaysia, with an 11% share.

In Japan, alkali metals imports shrank by an average annual rate of -2.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: India (+5.8% per year) and Malaysia (+20.9% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, surging by 15% against the previous year. Over the period under review, the import price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2018 an increase of 29% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+17.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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