Asia-Pacific: Market for Refractory Products of Siliceous or Diatomite Earths 2025

Market Size for Refractory Products of Siliceous or Diatomite Earths in Asia-Pacific

In 2021, the Asia-Pacific market for refractory products of siliceous or diatomite earths was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, saw a mild decrease. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Refractory Products of Siliceous or Diatomite Earths in Asia-Pacific

In value terms, production of refractory products of siliceous or diatomite earths skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a slight setback. The growth pace was the most rapid in 2018 with an increase of 58%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports in Asia-Pacific

In 2021, overseas shipments of refractory products of siliceous or diatomite earths decreased by -27.3% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a deep slump. The pace of growth was the most pronounced in 2019 when exports increased by 26% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of refractory products of siliceous or diatomite earths contracted dramatically to $X in 2021. Total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -21.1% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 106% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

China represented the main exporting country with an export of about X tons, which amounted to 58% of total exports. The Philippines (X tons) ranks second in terms of the total exports with a 13% share, followed by India (11%) and Bangladesh (6%). The following exporters - Australia (X tons), Pakistan (X tons) and Indonesia (X tons) - together made up 6.9% of total exports.

Exports from China decreased at an average annual rate of -7.9% from 2012 to 2021. At the same time, the Philippines (+32.2%), Pakistan (+12.5%) and Indonesia (+1.8%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +32.2% from 2012-2021. By contrast, India (-3.0%), Bangladesh (-6.1%) and Australia (-7.3%) illustrated a downward trend over the same period. While the share of the Philippines (+12 p.p.), India (+2 p.p.) and Pakistan (+1.7 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of China (-17.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the Philippines ($X) and Bangladesh ($X) constituted the countries with the highest levels of exports in 2021, with a combined 81% share of total exports.

The Philippines, with a CAGR of +28.3%, 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, surging by 14% against the previous year. Export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +10.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for refractory products of siliceous or diatomite earths increased by +50.3% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the export price increased by 126%. Over the period under review, the export prices reached the maximum in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while India ($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 (+11.4%), while the other leaders experienced a decline in the export price figures.

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports in Asia-Pacific

In 2021, after three years of decline, there was significant growth in supplies from abroad of refractory products of siliceous or diatomite earths, when their volume increased by 8.2% to X tons. In general, imports, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2015 when imports increased by 55% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of refractory products of siliceous or diatomite earths declined to $X in 2021. Overall, imports, however, saw a perceptible curtailment. The growth pace was the most rapid in 2017 when imports increased by 32%. Over the period under review, imports of reached the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Japan (X tons) was the key importer of refractory products of siliceous or diatomite earths, committing 34% of total imports. Malaysia (X tons) held the second position in the ranking, followed by South Korea (X tons), the Philippines (X tons), American Samoa (X tons), China (X tons), Taiwan (Chinese) (X tons) and Australia (X tons). All these countries together took near 46% share of total imports.

Imports into Japan decreased at an average annual rate of -3.8% from 2012 to 2021. At the same time, Taiwan (Chinese) (+38.0%), American Samoa (+23.7%), the Philippines (+9.6%), Malaysia (+7.1%) and China (+6.7%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +38.0% from 2012-2021. By contrast, Australia (-8.3%) and South Korea (-15.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of American Samoa, Malaysia, the Philippines, Taiwan (Chinese) and China increased by +5.4, +5.4, +5.2, +5 and +3.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported refractory products of siliceous or diatomite earths in Asia-Pacific, comprising 29% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by Malaysia, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Japan amounted to -6.8%. In the other countries, the average annual rates were as follows: China (-4.4% per year) and Malaysia (+2.5% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, dropping by -12.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by 26%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while American Samoa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+8.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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