Asia-Pacific: Market for Calcined And Sintered Dolomite 2024

Market Size for Calcined And Sintered Dolomite in Asia-Pacific

The Asia-Pacific calcined and sintered dolomite market amounted to $X in 2021, rising by 3% against the previous year. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the market value increased by 8.7%. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Calcined And Sintered Dolomite in Asia-Pacific

In value terms, calcined and sintered dolomite production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the production volume increased by 7.8%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Exports of Calcined And Sintered Dolomite

Exports in Asia-Pacific

In 2021, overseas shipments of calcined and sintered dolomite were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, calcined and sintered dolomite exports surged to $X in 2021. Total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +9.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 73%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Vietnam (X tons) was the key exporter of calcined and sintered dolomite, generating 69% of total exports. It was distantly followed by China (X tons), achieving a 27% share of total exports. Thailand (X tons) took a relatively small share of total exports.

Exports from Vietnam increased at an average annual rate of +21.8% from 2012 to 2021. At the same time, Thailand (+38.1%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +38.1% from 2012-2021. By contrast, China (-5.0%) illustrated a downward trend over the same period. While the share of Vietnam (+48 p.p.) and Thailand (+2.4 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of China (-49.2 p.p.) displayed negative dynamics.

In value terms, the largest calcined and sintered dolomite supplying countries in Asia-Pacific were Vietnam ($X), China ($X) and Thailand ($X), together accounting for 98% of total exports.

Among the main exporting countries, Vietnam, with a CAGR of +24.1%, saw 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

The export price in Asia-Pacific stood at $X per ton in 2021, which is down by -16.5% against the previous year. Export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 an increase of 65%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while Vietnam ($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 (+7.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Calcined And Sintered Dolomite

Imports in Asia-Pacific

In 2021, approx. X tons of calcined and sintered dolomite were imported in Asia-Pacific; increasing by 21% against the previous year. Overall, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2013 when imports increased by 57%. 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, calcined and sintered dolomite imports soared to $X in 2021. Total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -3.9% against 2019 indices. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X tons) and Japan (X tons) represented roughly 69% of total imports in 2021. It was distantly followed by India (X tons), creating a 19% share of total imports. The following importers - Australia (X tons), South Korea (X tons), Malaysia (X tons) and Singapore (X tons) - each recorded an 8.1% share of total imports.

From 2012 to 2021, the biggest increases were in India (with a CAGR of +76.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest calcined and sintered dolomite importing markets in Asia-Pacific were Japan ($X), Taiwan (Chinese) ($X) and India ($X), together accounting for 82% of total imports. These countries were followed by Malaysia, Australia, South Korea and Singapore, which together accounted for a further 12%.

Among the main importing countries, Malaysia, with a CAGR of +82.0%, 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

In 2021, the import price in Asia-Pacific amounted to $X per ton, picking up by 16% against the previous year. In general, the import price, however, continues to indicate a slight reduction. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Malaysia ($X per ton), while Taiwan (Chinese) ($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 (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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