Asia-Pacific: Feldspar Market 2024

Feldspar Market Size in Asia-Pacific

In 2021, after four years of decline, there was growth in the Asia-Pacific feldspar market, when its value increased by 0.2% to $X. The total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -30.8% against 2016 indices. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Feldspar Production in Asia-Pacific

In value terms, feldspar production shrank to $X in 2021 estimated in export price. In general, production posted a prominent increase. The growth pace was the most rapid in 2014 when the production volume increased by 56% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Feldspar Exports

Exports in Asia-Pacific

In 2021, the amount of feldspar exported in Asia-Pacific surged to X tons, picking up by 19% against 2020. The total export volume increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when exports increased by 31% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, feldspar exports surged to $X in 2021. Total exports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +40.4% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of 65% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Thailand (X tons) and India (X tons) represented roughly 78% of total exports in 2021. It was distantly followed by China (X tons), mixing up a 19% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Thailand (with a CAGR of +4.4%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest feldspar supplying countries in Asia-Pacific were India ($X), Thailand ($X) and China ($X), together accounting for 90% of total exports.

India, with a CAGR of +4.9%, recorded the highest rates of growth with regard to the value of exports, among 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 export price in Asia-Pacific stood at $X per ton in 2021, waning by -1.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2014 an increase of 26%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a somewhat lower figure.

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 Malaysia ($X per ton), while Thailand ($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 (+8.2%), while the other leaders experienced more modest paces of growth.

Feldspar Imports

Imports in Asia-Pacific

In 2021, purchases abroad of feldspar increased by 16% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, feldspar imports surged to $X in 2021. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Bangladesh represented the major importing country with an import of about X tons, which amounted to 44% of total imports. Taiwan (Chinese) (X tons) ranks second in terms of the total imports with a 25% share, followed by Indonesia (10%) and Vietnam (7.6%). The following importers - Malaysia (X tons), China (X tons) and Thailand (X tons) - together made up 9.4% of total imports.

From 2012 to 2021, the biggest increases were recorded for Bangladesh (with a CAGR of +19.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest feldspar importing markets in Asia-Pacific were Bangladesh ($X), Taiwan (Chinese) ($X) and Vietnam ($X), together accounting for 56% of total imports.

Bangladesh, with a CAGR of +12.2%, saw the highest growth rate of the value of imports, among the main importing countries 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, increasing by 4.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 7.7% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Bangladesh ($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 (+11.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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