China: Market for Calcined And Sintered Dolomite 2024

Market Size for Calcined And Sintered Dolomite in China

The Chinese calcined and sintered dolomite market stood at $X in 2021, remaining relatively unchanged against the previous year. In general, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -0.5% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Calcined And Sintered Dolomite in China

In value terms, calcined and sintered dolomite production stood at $X in 2021 estimated in export price. Over the period under review, the total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.8% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 53%. Calcined and sintered dolomite production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Calcined And Sintered Dolomite

Exports from China

In 2021, overseas shipments of calcined and sintered dolomite were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of 45% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, calcined and sintered dolomite exports skyrocketed to $X in 2021. Overall, exports continue to indicate a slight increase. The growth pace was the most rapid in 2014 with an increase of 143% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Japan (X tons) was the main destination for calcined and sintered dolomite exports from China, with a 79% share of total exports. Moreover, calcined and sintered dolomite exports to Japan exceeded the volume sent to the second major destination, South Korea (X tons), tenfold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with a 7% share.

From 2012 to 2021, the average annual growth rate of volume to Japan totaled -7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+20.6% per year) and Taiwan (Chinese) (+5.9% per year).

In value terms, Japan ($X) remains the key foreign market for calcined and sintered dolomite exports from China, comprising 68% of total exports. The second position in the ranking was held by South Korea ($X), with an 8.6% share of total exports. It was followed by France, with a 5% share.

From 2012 to 2021, the average annual growth rate of value to Japan stood at -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+24.1% per year) and France (+90.2% per year).

Export Prices by Country

The average calcined and sintered dolomite export price stood at $X per ton in 2021, growing by 39% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calcined and sintered dolomite export price increased by +90.5% against 2015 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 68%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Calcined And Sintered Dolomite

Imports into China

In 2021, supplies from abroad of calcined and sintered dolomite decreased by -4.6% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2014 with an increase of 394% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, calcined and sintered dolomite imports expanded rapidly to $X in 2021. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 199%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) was the main supplier of calcined and sintered dolomite to China, accounting for a 90% share of total imports. Moreover, calcined and sintered dolomite imports from Italy exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +12.2%.

In value terms, Italy ($X) constituted the largest supplier of calcined and sintered dolomite to China, comprising 85% of total imports. The second position in the ranking was taken by South Korea ($X), with a 6.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +13.5%.

Import Prices by Country

The average calcined and sintered dolomite import price stood at $X per ton in 2021, picking up by 15% against the previous year. Over the period under review, the import price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2015 an increase of 18%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for South Korea totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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