Asia-Pacific: Steatite Market 2021

Steatite Market Size in Asia-Pacific

The Asia-Pacific steatite market contracted modestly to $X in 2019, remaining stable against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure.

Steatite Production in Asia-Pacific

In value terms, steatite production declined modestly to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2018, and then fell modestly in the following year.

Production By Country in Asia-Pacific

The countries with the highest volumes of steatite production in 2019 were China (X tons), Afghanistan (X tons) and India (X tons), with a combined X% share of total production.

From 2007 to 2019, the most notable rate of growth in terms of steatite production, amongst the main producing countries, was attained by Afghanistan, while steatite production for the other leaders experienced more modest paces of growth.

Steatite Exports

Exports in Asia-Pacific

In 2019, after two years of decline, there was significant growth in shipments abroad of steatites, when their volume increased by X% to X tons. Overall, exports posted measured growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure in 2019 and are likely to see steady growth in years to come.

In value terms, steatite exports rose rapidly to $X in 2019. Over the period under review, exports enjoyed a measured increase. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. The level of export peaked in 2019 and is likely to see steady growth in the immediate term.

Exports by Country

China was the key exporter of steatites in Asia-Pacific, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2019. Afghanistan (X tons) occupied the second position in the ranking, followed by Pakistan (X tons), India (X tons) and Australia (X tons). All these countries together occupied approx. X% share of total exports.

From 2007 to 2019, the biggest increases were in Afghanistan, while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest steatite supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total exports. It was followed by India, with a X% share.

In China, steatite exports remained relatively stable over the period from 2007-2019. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and India (+X% per year).

Export Prices by Country

The steatite export price in Asia-Pacific stood at $X per ton in 2019, shrinking by -X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% y-o-y. Over the period under review, export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per ton), while Afghanistan ($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 more modest paces of growth.

Steatite Imports

Imports in Asia-Pacific

In 2019, after two years of decline, there was significant growth in supplies from abroad of steatites, when their volume increased by X% to X tons. Total imports indicated a buoyant expansion 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. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. The volume of import peaked in 2019 and is expected to retain growth in the near future.

In value terms, steatite imports expanded rapidly to $X in 2019. Total imports indicated prominent 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. Based on 2019 figures, imports increased by +X% against 2014 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2019 and are likely to continue growth in years to come.

Imports by Country

In 2019, Pakistan (X tons), distantly followed by Japan (X tons), South Korea (X tons), Thailand (X tons), Indonesia (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the major importers of steatites, together constituting X% of total imports.

From 2007 to 2019, the biggest increases were in Pakistan, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported steatites in Asia-Pacific, comprising X% of total imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

In Japan, steatite imports increased at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Thailand (+X% per year).

Import Prices by Country

The steatite import price in Asia-Pacific stood at $X per ton in 2019, shrinking by -X% 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 2017 when the import price increased by X% year-to-year. The level of import peaked at $X per ton in 2018, and then reduced in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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