Asia-Pacific: Bentonite Market 2021

Bentonite Market Size in Asia-Pacific

After nine years of growth, the Asia-Pacific bentonite market decreased by -X% to $X in 2019. Over the period under review, consumption continues to indicate a strong expansion. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2018, and then declined in the following year.

Bentonite Production in Asia-Pacific

In value terms, bentonite production declined to $X in 2019 estimated in export prices. In general, production saw buoyant growth. The growth pace was the most rapid in 2011 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2018, and then dropped in the following year.

Production By Country in Asia-Pacific

The countries with the highest volumes of bentonite production in 2019 were China (X tons), India (X tons) and Japan (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 key producing countries, was attained by India, while bentonite production for the other leaders experienced mixed trends in the production figures.

Bentonite Exports

Exports in Asia-Pacific

In 2019, bentonite exports in Asia-Pacific reached X tons, stabilizing at 2018 figures. In general, exports showed a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure in 2019 and are likely to see steady growth in years to come.

In value terms, bentonite exports dropped to $X in 2019. Total exports indicated a strong increase from 2007 to 2019: its value 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. Based on 2019 figures, exports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2018, and then reduced in the following year.

Exports by Country

In 2019, India (X tons) represented the major exporter of bentonite, achieving X% of total exports. It was distantly followed by China (X tons), creating a X% share of total exports. Malaysia (X tons) occupied a minor share of total exports.

From 2007 to 2019, average annual rates of growth with regard to bentonite exports from India stood at +X%. At the same time, Malaysia (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2007-2019. By contrast, China (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of India increased by +X% percentage points, while China (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X), China ($X) and Malaysia ($X) appeared to be the countries with the highest levels of exports in 2019, together comprising X% of total exports.

Malaysia saw 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 more modest paces of growth.

Export Prices by Country

The bentonite export price in Asia-Pacific stood at $X per ton in 2019, which is down by -X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the export price increased by X% year-to-year. As a result, export price reached the peak level of $X per ton. From 2012 to 2019, the growth in terms of the export prices remained 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 China, while the other leaders experienced mixed trends in the export price figures.

Bentonite Imports

Imports in Asia-Pacific

In 2019, supplies from abroad of bentonite decreased by -X% to X tons, falling for the second year in a row after two years of growth. Total imports indicated temperate growth from 2007 to 2019: its volume 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. Based on 2019 figures, imports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The volume of import peaked at X tons in 2017; afterwards, it flattened through to 2019.

In value terms, bentonite imports dropped to $X in 2019. Total imports indicated perceptible growth 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 growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2018, and then dropped in the following year.

Imports by Country

Indonesia (X tons) and Malaysia (X tons) were the major importers of bentonite in 2019, accounting for approx. X% and X% of total imports, respectively. Thailand (X tons) took the next position in the ranking, followed by Japan (X tons), China (X tons) and South Korea (X tons). All these countries together occupied approx. X% share of total imports. India (X tons) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key 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 accounting for X% of total imports. Indonesia, Malaysia, South Korea and India lagged somewhat behind, together comprising a further X terms of the main importing countries, India recorded 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

The bentonite import price in Asia-Pacific stood at $X per ton in 2019, with a decrease of -X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by X% y-o-y. The level of import peaked at $X per ton in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; 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 South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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